Hoag Memorial Hospital Presbyterian: $1.8B Revenue, $1.3B Program Expenses
Newport Beach, California · EIN 951643327 · Filing year 2023
Hoag Memorial Hospital Presbyterian reported $1.8B in total revenue, $1.7B in total expenses, and $4.5B in total assets on its 2023 IRS Form 990. 78.0% of expenses ($1.3B) went directly to programs. Top officer compensation is not reported on this 990 filing. Overall efficiency grade: B (79/100).
Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.
Key Facts (2023 Form 990)
- Total Revenue
- $1.8B
- Total Expenses
- $1.7B
- Program Expenses
- $1.3B
- Program Expense Ratio
- 78.0%
- Total Assets
- $4.5B
- Reserve Months
- 32.3 months
- EIN
- 951643327
- Latest 990 Year
- 2023
- Top Officer Compensation
- Not reported
The efficiency rubric puts Hoag Memorial Hospital Presbyterian at a B grade: a composite of 79/100 that lands above the national midpoint. The grade reflects solid program-spending discipline alongside reasonable executive compensation and financial reserves.
Hoag Memorial Hospital Presbyterian operates at corporate scale — $1.8B in reported 2023 revenue. At over a billion in annual revenue, nonprofits typically run consolidated operations across multiple states or business lines, and the IRS Form 990 reflects a much larger operational footprint than a typical 501(c)(3). Hoag Memorial Hospital Presbyterian directs 80% of its expenses to programs — above the third-party-rater threshold for an efficient organization.
Five-year revenue trajectory is strongly positive: Hoag Memorial Hospital Presbyterian has grown materially in real terms, which usually signals successful fundraising and program expansion. CEO compensation is reported as zero in the filing — typical for nonprofits where the chief executive is paid through a related entity (parent system, university, or foundation) rather than the filing organization itself, or for small organizations whose chief is a volunteer or board member. Hoag Memorial Hospital Presbyterian is categorized under Health — the largest segment of U.S. nonprofit revenue, dominated by hospitals, hospital systems, and health-research organizations. Revenue-to-program ratios in this category often look different from smaller-program nonprofits because the underlying operations are capital-intensive.
How Hoag Memorial Hospital Presbyterian Compares
Hoag Memorial Hospital Presbyterian directs 78.0% of spending to programs, meeting the 65% minimum recommended by charity watchdogs. Its efficiency score of 79/100 is 2 points below the Health category average. The organization holds 32.3 months of operating reserves, indicating strong financial stability.
Where Your Donation Goes
Based on IRS tax-exempt organization data, for every dollar donated to Hoag Memorial Hospital Presbyterian, approximately 78.0 cents goes directly to program activities. The remaining funds cover administrative costs, fundraising, and management expenses.
Revenue History
Hoag Memorial Hospital Presbyterian has an Efficiency Score of B (79/100). Approximately 78.0% of expenses go directly to program activities, with the remainder covering administration and fundraising.
Hoag Memorial Hospital Presbyterian, Donor FAQ
Hoag Memorial Hospital Presbyterian has an Efficiency Score of B (79/100). Approximately 78.0% of expenses go directly to program activities, with the remainder covering administration and fundraising.
CEO/officer compensation for Hoag Memorial Hospital Presbyterian is not reported in the most recent IRS 990 filing on file.
Hoag Memorial Hospital Presbyterian reported $1.8B in annual revenue and $1.7B in total expenses for filing year 2023. The organization holds $4.5B in total assets.
For every dollar donated to Hoag Memorial Hospital Presbyterian, approximately 78.0 cents goes to program activities. The organization has 32.3 months of operating reserves, providing financial stability to sustain its mission.
Hoag Memorial Hospital Presbyterian is a registered 501(c) organization with EIN 951643327, based in Newport Beach, California. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.
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Financial data is sourced from IRS 990 filings via ProPublica Nonprofit Explorer. Efficiency Scores combine program spending ratio (50%), revenue growth (20%), reserve months (20%), and CEO compensation ratio (10%). Filing data may lag 6-18 months from the tax year.