Usc Verdugo Hills Hospital Foundation

Analysis

Usc Verdugo Hills Hospital Foundation is a registered charity in United States, based in Glendale, CA. It received its IRS tax-exemption ruling in November 1978, 48 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Usc Verdugo Hills Hospital Foundation reported income of $4.2m and spending of $2.5m, leaving 41% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.5m to $4.2m (+177%), an average of +29% a year. The sharpest change came in the year to June 2023, when income rose by 112%. Over the whole period it spent 44% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Usc Verdugo Hills Hospital Foundation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Trihampton Rescue Squad ($4.2m), Heartland Head Start Inc ($4.2m) and Wellness Networks Inc ($4.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $12.5m against liabilities of -$215k, net assets of $12.7m. It reported 4 employees.