Overview

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Est.

1984

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

The Torrance Health Association (EIN: 33-0073515) is a nonprofit organization dedicated to supporting Torrance Memorial Medical Center (TMMC) in its mission to provide health services to the community of Torrance, CA, and surrounding areas. With an operating budget of $331.2 million and total revenue of $301.1 million for the 2024 filing year, the organization relies on significant funding from multiple sources, with no single funder contributing 50% or more of its revenue. For more information, visit their website at www.torrancememorial.org.

Mission Statement

TORRANCE HEALTH ASSOCIATION (THA) SUPPORTS TORRANCE MEMORIAL MEDICAL CENTER (TMMC) AND ITS CHARITABLE MISSION OF PROVIDING HEALTH SERVICES TO THE COMMUNITY OF TORRANCE, CA AND SURROUNDING AREAS.
Revenues
$301.1M
Expenses
$331.2M
Net Income:
-$30.1M
Assets
$164.6M
Liabilities
$116.8M
Net Assets:
+$47.8M
Operating Budget
$331.2M
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
1
Median grant size
$15K
Largest grant received
$15K
C
Craig D Leach
Board Member
K
Keith Hobbs
Board Member
Z
Zachary Gray
Board Member

Frequently Asked Questions

What is Torrance Health Association’s budget?
In 2024, Torrance Health Association reported an annual operating budget of around $331.2 million. More detailed financial information is available to registered users.
What causes does Torrance Health Association support?
Torrance Health Association supports work in Community health care and Health.
Where does Torrance Health Association operate?
Torrance Health Association is headquartered in Torrance, CA.
Who funded Torrance Health Association recently?
In 2024, Torrance Health Association received grants from Torrance Memorial Medical Center Health Care Foundation, Torrance Memorial Medical Center Health Care Foundation, and Torrance Memorial Medical Center Health Care Foundation. More information on this organization’s funders is available to registered users.
What is the largest grant Torrance Health Association received in 2024?
The largest grant to Torrance Health Association in 2024 exceeds $15 thousand.