Mary Health of the Sick Convalescent & Nursing Hospital in

Analysis

Mary Health of the Sick Convalescent & Nursing Hospital in is a registered charity in United States, based in Newbury Park, CA. It received its IRS tax-exemption ruling in March 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 publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mary Health of the Sick Convalescent & Nursing Hospital in reported income of $12.2m and spending of $9.1m, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.3m to $12.2m (+67%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 52%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mary Health of the Sick Convalescent & Nursing Hospital in sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Healthelink Inc ($12.2m), American Association of Immunologists Inc ($12.2m) and United States Health & Housing Foundation Inc ($12.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 72% of the total. Other salaries and wages came to $4.6m. At year end it held assets of $20.1m against liabilities of $707k, net assets of $19.4m. It reported 100 employees.