Torrance Memorial Medical Center Health Care Foundation
Torrance, California
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
How This Organization Compares
Compared to 39 peers in Health Care with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $19,602,706↑9% | $17,304,374↑9% | $120,986,685↑3% | — |
| 2022 | $17,969,674↑44% | $15,926,285 | $117,777,868↓2% | — |
| 2021 | $12,457,218↓26% | $15,908,233↓5% | $120,580,625 | — |
| 2020 | $16,780,652↓35% | $16,711,834↑5% | $120,011,114↓1% | — |
| 2019 | $25,763,894↑570% | $15,887,805↑88% | $120,734,279↑9% | — |
| 2018 | $3,846,065↓93% | $8,467,437↓35% | $111,262,657↓4% | — |
| 2017 | $52,285,700↑470% | $12,935,368↓1% | $116,332,054↑53% | — |
| 2016 | $9,177,120↓48% | $13,113,487↓18% | $76,084,411↓6% | — |
| 2015 | $17,669,533↓21% | $15,994,564↑53% | $80,716,736↑2% | — |
| 2014 | $22,459,096↓48% | $10,451,315↓1% | $79,257,376↑18% | — |
| 2013 | $43,239,149↑404% | $10,517,282 | $67,210,455↑97% | — |
| 2012 | $8,580,997↓54% | $10,481,175↑1% | $34,168,227↓2% | — |
| 2011 | $18,478,260 | $10,382,424 | $34,929,487 | — |
Frequently Asked Questions
What does Torrance Memorial Medical Center Health Care Foundation do?▼
Torrance Memorial Medical Center Health Care Foundation is a health care nonprofit organization based in California. It is classified under NTEE code E21Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Torrance Memorial Medical Center Health Care Foundation financially healthy?▼
Based on our 9-metric Financial Health Score model, Torrance Memorial Medical Center Health Care Foundation has a score of 76/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Torrance Memorial Medical Center Health Care Foundation generate?▼
Torrance Memorial Medical Center Health Care Foundation reports $37.4M in annual revenue and holds $139.9M in total assets, based on IRS filings.
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