Glendale Adventist Medical Center Foundation

Analysis

Glendale Adventist Medical Center Foundation is a registered charity in United States, based in Glendale, CA. It received its IRS tax-exemption ruling in April 1985, 41 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, Glendale Adventist Medical Center Foundation reported income of $6.8m and spending of $2.9m, leaving 57% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.0m to $6.8m (+131%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 171%. Over the whole period it spent 84% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Glendale Adventist Medical Center 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 94th percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Medical Affairs Professional Society ($6.8m), Holland Christian Home Association ($6.8m) and Cinnamon Hills Youth Crisis Center ($6.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $11.2m against liabilities of $288k, net assets of $10.9m.