Loma Linda University Medical Center

Analysis

Loma Linda University Medical Center is a registered charity in United States, based in Loma Linda, CA. It received its IRS tax-exemption ruling in April 1947, 79 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Loma Linda University Medical Center reported income of $1.58bn and spending of $1.63bn, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.38bn to $1.58bn (+15%), an average of +3.5% a year. 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, Loma Linda University Medical Center sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within CA. Charities of a similar size with the same main cause include Nationwide Childrens Hospital Inc ($1.58bn), Rochester General Hospital ($1.58bn) and York Hospital ($1.57bn).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.3% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $5.0m (0.3% of expenses). Other salaries and wages came to $488.3m. At year end it held assets of $3.30bn against liabilities of $2.38bn, net assets of $926.9m. It reported 8,428 employees.