Pomona Valley Hospital Medical Center Foundation

Analysis

Pomona Valley Hospital Medical Center Foundation is a registered charity in United States, based in Pomona, CA. It received its IRS tax-exemption ruling in January 1980, 46 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 December 2023, Pomona Valley Hospital Medical Center Foundation reported income of $2.7m and spending of $6.9m, spending 255% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $5.2m to $2.7m (-48%), an average of -15% a year. The sharpest change came in the year to December 2021, when income rose by 72%. Over the whole period it spent 73% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Pomona Valley Hospital Medical Center Foundation sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Rocky Mountain Care-Evanston Inc ($2.7m), Sitka Counseling & Prevention Services Inc ($2.7m) and Indiana AIDS Fund Inc ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% of the total. Compensation of current officers, directors and key employees was $371k (5.4% of expenses). Other salaries and wages came to $45k. At year end it held assets of $32.3m against liabilities of $5.6m, net assets of $26.7m.