White Memorial Medical Center

Analysis

White Memorial 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, White Memorial Medical Center reported income of $650.2m and spending of $594.1m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $472.3m to $650.2m (+38%), an average of +8.3% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, White Memorial Medical Center sits at the 99th percentile: it is larger than about 99% 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 University of Virginia Physicians Group ($649.7m), Dayton Childrens Hospital ($651.3m) and Childrens Hospital & Medical Center ($646.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.9% and program service revenue 88% of the total. Other salaries and wages came to $194.6m. At year end it held assets of $951.1m against liabilities of $340.6m, net assets of $610.4m. It reported 2,781 employees.