Orthopaedic Hospital

Analysis

Orthopaedic Hospital is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in April 1958, 68 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Orthopaedic Hospital reported income of $77.3m and spending of $73.2m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $110.1m to $77.3m (-30%), an average of -8.5% a year. The sharpest change came in the year to June 2020, when income dropped by 43%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Orthopaedic Hospital sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include Oklahoma Mental Health Council ($77.1m), Kentuckyone Health Medical Group Inc ($77.4m) and Empact-Suicide Prevention Center ($77.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.0% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $3.3m (4.5% of expenses). Other salaries and wages came to $6.6m. At year end it held assets of $311.0m against liabilities of $20.6m, net assets of $290.4m. It reported 259 employees.