Hospitaller Foundation of California Inc

Analysis

Hospitaller Foundation of California Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in September 1982, 44 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, Hospitaller Foundation of California Inc reported income of $961k and spending of $736k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.1m to $961k (-69%), an average of -26% a year. The sharpest change came in the year to December 2022, when income dropped by 41%. Over the whole period it spent 36% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hospitaller Foundation of California Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include Winston-Marion County Association for Retarded Citizens ($961k), Autism Society of America ($961k) and Boys and Girls Club of Mosholumontefiore Community Center Inc ($961k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% of the total. Other salaries and wages came to $115k. At year end it held assets of $26.4m against liabilities of $58k, net assets of $26.3m.