Broadview Inc

Analysis

Broadview Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in November 1946, 80 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 December 2023, Broadview Inc reported income of $3.2m and spending of $3.8m, spending 117% of what it took in. Across the 6 years on record, from June 2019 to December 2023, income fell from $8.4m to $3.2m (-61%), an average of -17% a year. The sharpest change came in the year to June 2020, when income dropped by 70%. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Broadview Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include California Heart Center Foundation ($3.2m), Kaweah Delta Hospital Foundation ($3.3m) and Temple Community Clinic ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $55k (1.4% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $3.6m against liabilities of $401k, net assets of $3.2m. It reported 59 employees.