Simi Valley Hospital and Health Care Services

Analysis

Simi Valley Hospital and Health Care Services is a registered charity in United States, based in Roseville, CA. It received its IRS tax-exemption ruling in April 1947, 79 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 December 2023, Simi Valley Hospital and Health Care Services reported income of $216.1m and spending of $231.1m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $163.1m to $216.1m (+32%), an average of +7.3% a year. Over the whole period it spent 104% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Simi Valley Hospital and Health Care Services sits at the 97th percentile: it is larger than about 97% 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 Georgetown Memorial Hospital ($215.6m), Community Care of North Carolina Inc ($216.2m) and Upmc ($215.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.3% and program service revenue 97% of the total. Other salaries and wages came to $80.4m. At year end it held assets of $169.8m against liabilities of $195.2m, net assets of -$25.4m. It reported 1,339 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.