Loma Linda University Health

Analysis

Loma Linda University Health 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. 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 Health reported income of $40.0m and spending of $40.0m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $29.5m to $40.0m (+36%), an average of +7.9% a year. The sharpest change came in the year to June 2020, when income rose by 23%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Loma Linda University Health sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include Habitat for Humanity International ($40.0m), St Anns Home Inc ($40.0m) and Early Years Inc ($39.9m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $4.9m (12% of expenses). Other salaries and wages came to $11.3m. At year end it held assets of $26.1m against liabilities of $8.2m, net assets of $18.0m. It reported 35 employees.