Emanate Health Medical Center

Analysis

Emanate Health Medical Center is a registered charity in United States, based in Covina, CA. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Emanate Health Medical Center reported income of $579.6m and spending of $566.3m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $513.5m to $579.6m (+13%), an average of +3.1% a year. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Emanate Health Medical Center 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 100th percentile, and in the 100th percentile within CA. Charities of a similar size with the same main cause include National Marrow Donor Program ($578.0m), Bon Secours-St Francis Xavier Hospital Inc ($580.5m) and Our Lady of Lourdes Regional Medical Center Inc ($577.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.3% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $1.0m (0.2% of expenses). Other salaries and wages came to $182.9m. At year end it held assets of $754.1m against liabilities of $329.1m, net assets of $425.0m. It reported 3,808 employees.