Overview

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Est.

2010

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

MARTIN LUTHER KING JR-LOS ANGELES HEALTHCARE CORPORATION is a South Los Angeles hospital and community health care organization that operates a general acute care hospital providing inpatient, outpatient, emergency, and other health services for indigent, Medi-Cal, managed care, and underserved populations. In filing year 2025, it reported a $439.7M operating budget and $461M in total revenue, with major support from MARTIN LUTHER KING JR COMMUNITY HEALTH FOUNDATION, MARTIN LUTHER KING JR COMMUNITY MEDICAL FOUNDATION, and Public Health Institute.

Mission Statement

THE SPECIFIC PURPOSE OF THIS CORPORATION IS TO ORGANIZE AND OPERATE A GENERAL ACUTE CARE HOSPITAL TO PROVIDE HIGH QUALITY HOSPITAL INPATIENT, OUTPATIENT, EMERGENCY, AND ADDITIONAL HEALTH CARE SERVICES TO MEET THE NEEDS OF THE SOUTH LOS ANGELES COMMUNITY, WHICH INCLUDES INDIGENT, MEDI-CAL, MEDI-CAL MANAGED CARE, AND UNDERSERVED POPULATIONS (AMONG OTHERS); AND TO CONTRACT WITH PUBLIC AND PRIVATE ENTITIES PROVIDING MANAGED CARE PROGRAMS FOR MEDI-CAL BENEFICIARIES IN LOS ANGELES COUNTY, PARTICULARLY SOUTH LOS ANGELES.
Revenues
$409.8M
Expenses
$418.9M
Net Income:
-$9.1M
Assets
$607.3M
Liabilities
$541.7M
Net Assets:
+$65.6M
Operating Budget
$415.5M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
2
Median grant size
$1.9M
Largest grant received
$3.8M
E
Elaine Batchlor
Board Member
G
Georgina R Garcia Rn
Board Member
K
Kedar Mate Md
Board Member
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  • 8 funders
  • 61 board & team members
  • 12 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is MARTIN LUTHER KING JR-LOS ANGELES HEALTHCARE CORPORATION’s budget?
In 2024, MARTIN LUTHER KING JR-LOS ANGELES HEALTHCARE CORPORATION reported an annual operating budget of around $415.5 million. More detailed financial information is available to registered users.
What causes does MARTIN LUTHER KING JR-LOS ANGELES HEALTHCARE CORPORATION support?
MARTIN LUTHER KING JR-LOS ANGELES HEALTHCARE CORPORATION supports work in Community health care and Hospital care.
Where does MARTIN LUTHER KING JR-LOS ANGELES HEALTHCARE CORPORATION operate?
MARTIN LUTHER KING JR-LOS ANGELES HEALTHCARE CORPORATION is headquartered in LOS ANGELES, CA.
Who funded MARTIN LUTHER KING JR-LOS ANGELES HEALTHCARE CORPORATION recently?
In 2024, MARTIN LUTHER KING JR-LOS ANGELES HEALTHCARE CORPORATION received grants from MARTIN LUTHER KING JR COMMUNITY HEALTH FOUNDATION, DONOR ADVISED CHARITABLE GIVING INC, and MARTIN LUTHER KING JR COMMUNITY HEALTH FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant MARTIN LUTHER KING JR-LOS ANGELES HEALTHCARE CORPORATION received in 2024?
The largest grant to MARTIN LUTHER KING JR-LOS ANGELES HEALTHCARE CORPORATION in 2024 exceeds $3.8 million.
What is MARTIN LUTHER KING JR-LOS ANGELES HEALTHCARE CORPORATION’s reliance on government grants?
MARTIN LUTHER KING JR-LOS ANGELES HEALTHCARE CORPORATION relied on government grants for more than 5% of their total revenue in 2024.