Loma Linda Mercantile

Analysis

Loma Linda Mercantile is a registered charity in United States, based in SN Bernrdno, CA. It received its IRS tax-exemption ruling in February 1984, 42 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Loma Linda Mercantile reported income of $1.71bn and spending of $1.71bn, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $693.5m to $1.71bn (+146%), an average of +25% a year. The sharpest change came in the year to June 2022, when income rose by 39%. Over the whole period it spent 100% 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 Mercantile 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 Bayada Home Health Care Inc ($1.70bn), RWJBH Corporate Services Inc ($1.71bn) and Scott & White Memorial Hospital ($1.69bn).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $7.6m against liabilities of $8.0m, net assets of -$463k.