Arrowhead Regional Medical Center Foundation

Analysis

Arrowhead Regional Medical Center Foundation is a registered charity in United States, based in Colton, CA. It received its IRS tax-exemption ruling in May 1978, 48 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Arrowhead Regional Medical Center Foundation reported income of $2.2m and spending of $1.1m, leaving 51% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $2.2m (+69%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 74%. Over the whole period it spent 55% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Arrowhead Regional Medical Center Foundation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include LA Theatre Works ($2.2m), St Marks Day Care Center Inc ($2.2m) and Na Nizhoozhi Center Inc ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $145k (13% of expenses). Other salaries and wages came to $49k. At year end it held assets of $4.9m against liabilities of $70k, net assets of $4.8m. It reported 3 employees.