Glendale Adventist Medical Center

Analysis

Glendale Adventist Medical Center is a registered charity in United States, based in Roseville, CA. It received its IRS tax-exemption ruling in September 1996, 30 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, Glendale Adventist Medical Center reported income of $562.2m and spending of $580.0m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $470.8m to $562.2m (+19%), an average of +4.5% a year. Over the whole period it spent 105% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Glendale Adventist Medical Center sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within CA. Charities of a similar size with the same main cause include Holy Name Medical Center Inc ($560.9m), St Bernards Hospital Inc ($562.3m) and Banner Medical Group ($560.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.7% and program service revenue 97% of the total. Other salaries and wages came to $200.6m. At year end it held assets of $332.2m against liabilities of $378.3m, net assets of -$46.0m. It reported 3,180 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.