Torrance Memorial Medical Center
AI Summary
Torrance Memorial Medical Center is a hospital care organization in Torrance, California, with a stated mission of “SEE SCHEDULE O.” In filing year 2025, it reported an operating budget of $907.4M and total revenue of $974.3M, with major funding from Torrance Memorial Medical Center Health Care Foundation, CALIFORNIA HEALTH FOUNDATION AND TRUST, and TORRANCE MEMORIAL MEDICAL CENTER AUXILIARY.
Mission Statement
SEE SCHEDULE O.
Cause Areas
1
Hospital care
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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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- 22 funders
- 59 board & team members
- 11 historic 990s & financials
- 6-year operating budget trend
Frequently Asked Questions
What is Torrance Memorial Medical Center’s budget?
In 2024, Torrance Memorial Medical Center reported an annual operating budget of around $886.8 million. More detailed financial information is available to registered users.
What causes does Torrance Memorial Medical Center support?
Torrance Memorial Medical Center supports work in Hospital care.
Where does Torrance Memorial Medical Center operate?
Torrance Memorial Medical Center is headquartered in Torrance, CA.
Who funded Torrance Memorial Medical Center recently?
In 2024, Torrance Memorial Medical Center received grants from Torrance Memorial Medical Center Health Care Foundation, CALIFORNIA COMMUNITY FOUNDATION, and Public Health Institute. More information on this organization’s funders is available to registered users.
What is the largest grant Torrance Memorial Medical Center received in 2024?
The largest grant to Torrance Memorial Medical Center in 2024 exceeds $20 million.
What is Torrance Memorial Medical Center’s reliance on government grants?
Torrance Memorial Medical Center relied on government grants for less than 5% of their total revenue in 2024.