Health Care
(E22I)
IRS Verified
DX Registered
990 on File
GROSSMONT HOSPITAL FOUNDATION
CharityAI™ Score
Not yet evaluated
Mission Statement
Grossmont Hospital Foundation is a not-for-profit, philanthropic organization established to support Sharp Grossmont Hospital and Sharp HospiceCare. The purpose of the Foundation is to raise funds to ensure Sharp Grossmont Hospital remains the preeminent regional medical center in the County. The Foundation carries out this mission by funding health education and patient care programs, medical technology, and capital projects.
Financial Overview — FY 2024
$9.8M
Total Revenue
$10.3M
Total Expenses
$44.7M
Net Assets
9
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
84.6%
Fundraising Efficiency
108.5%
Operating Reserve
51.96x
Liability-to-Asset
2.2%
Revenue Diversification
76.4%
Executive Compensation
$231K
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $9.8M | $10.3M | $44.7M | 84.6% | 9 |
| 2023 | $6.2M | $9.0M | $39.0M | 84.0% | 9 |
| 2022 | $9.4M | $9.3M | $39.0M | 84.4% | 10 |
| 2021 | $10.2M | $6.3M | N/A | — | 9 |
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