Eisenhower Medical Center

Analysis

Eisenhower Medical Center is a registered charity in United States, based in Rancho Mirage, CA. It received its IRS tax-exemption ruling in January 1966, 60 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 June 2023, Eisenhower Medical Center reported income of $1.20bn and spending of $1.16bn, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $867.3m to $1.20bn (+38%), an average of +8.4% a year. The sharpest change came in the year to June 2022, when income rose by 19%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Eisenhower Medical Center sits at the 99th 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 SSM Health Care Corporation ($1.19bn), Healthtexas Provider Network ($1.21bn) and Integris Baptist Medical Center Inc ($1.18bn).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.8% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $9.2m (0.8% of expenses). Other salaries and wages came to $380.6m. At year end it held assets of $1.50bn against liabilities of $617.7m, net assets of $886.2m. It reported 5,392 employees.