White Memorial Medical Center Charitable Foundation

Analysis

White Memorial Medical Center Charitable Foundation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in November 1983, 43 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, White Memorial Medical Center Charitable Foundation reported income of $6.4m and spending of $6.7m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.0m to $6.4m (+30%), an average of +6.7% a year. The sharpest change came in the year to December 2022, when income rose by 144%. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, White Memorial Medical Center Charitable Foundation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Mogo Urgent Care ($6.4m), St Patrick Hospital Foundation ($6.4m) and Autauga-Elmore Mr 310 ($6.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. At year end it held assets of $17.3m against liabilities of $6.8m, net assets of $10.5m.