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Torrance Memorial Medical Center
Sign up to claim this org
Torrance Memorial Medical Center
Torrance, CA, US
•
501(c)3
•
EIN
95-1644042
•
WWW.TORRANCEMEMORIAL.ORG
•
Hospital
Regional Funder
Torrance Memorial Medical Center
Sign up to claim this org
Torrance, CA, US
•
501(c)3
•
EIN
95-1644042
•
WWW.TORRANCEMEMORIAL.ORG
•
Hospital
Regional Funder
Overview
Programs
990s
Income Statement
Balance Sheet
How to Apply
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for more:
People
Board & Team
Financials
Financial Trends
Funding
Funders
Grants Received
Grantmaking
Giving Insights
Grantees
Grants Given
Overlap
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Income Statement
Fiscal Year Start:
Jul 1
Revenues in
2024
$932,666,410
Program Services
92%
Contributions
4%
Other
3%
Investments
<1%
Government Grants
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in
2024
$886,963,736
Salaries & Benefits
55%
Other
27%
Offices, Occupancy & IT
8%
Fees to Service Providers
5%
Depreciation
3%
Interest
<1%
Grants
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$9,079,852
$38,885,800
+328%
Government Grants
$39,700
$33,790
-15%
Fundraising Events
$0
$0
-
Program Services
$805,075,456
$855,693,318
+6%
Membership Dues
$0
$0
-
Investments
$8,403,215
$9,157,811
+9%
Other
$17,196,593
$28,895,691
+68%
Total Revenues
$839,794,816
$932,666,410
+11%
Expenses
2023
2024
Change
Grants
$171,818
$158,417
-8%
Benefits to Members
$0
$0
-
Salaries & Benefits
$472,568,690
$489,873,154
+4%
Fees to Service Providers
$40,829,109
$47,307,292
+16%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$68,487,256
$75,352,887
+10%
Interest
$6,794,900
$6,485,386
-5%
Depreciation
$28,133,032
$28,264,914
+0%
Other
$173,462,750
$239,521,686
+38%
Total Expenses
$790,447,555
$886,963,736
+12%
Net income
2023
2024
Change
Net income
+$49,347,261
+$45,702,674
-7%
Functional Expenses
Summary
2023
2024
Change
Program
$707,097,051
$792,109,373
+12%
Admin
$81,626,863
$93,079,368
+14%
Fundraising
$1,723,641
$1,774,995
+3%
Total Expenses
$790,447,555
$886,963,736
+12%
Income Statement