ALTAMED FOUNDATION

COMMERCE, CA, 90040-1502 (323) 622-2443 Est. 1987 EIN 95-4090420
990 - Public charity return 501(c)(3)
altamedfoundation.org

Mission

TO SUPPORT THE ACTIVITIES AND PURPOSES OF ALTAMED HEALTH SERVICES CORPORATION, A CALIFORNIA NONPROFIT PUBLIC BENEFIT CORPORATION "AHSC", A SECTION 501(C)(3) TAX-EXEMPT ORGANIZATION.

Giving Portfolio

Total Grants
2
Total Giving
$7.2M
Recipients
2
Years Active
2023 - 2024
Avg grant: $3,618,735 Median: $3,618,735

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20241$6.0M $6.0M01
20231$1.2M $1.2M10

Sectors Funded

Health Care
2

Top States

California
2

Grantee Size Profile

Over $50M
2

Top Grantees

$7.2M

Grants Awarded · 2 grants

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Financials

Total Revenue
$10,279,442
Total Expenses
$6,200,317
Net Assets
$60,697,826
33 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
9.8 years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 116.0%
Expenses ↑ 328.6%
Revenue Sources
Contributions 74.4% Investment 25.6%
Expense Breakdown
Program 100.0%

Officers & Trustees (33)

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Filing History (3 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jan 1, 2024 to Dec 31, 2024
$10,279,442 ↑$6,200,317$60,697,826
2023 990 - Public charity return
Jan 1, 2023 to Dec 31, 2023
$4,758,434 ↑$1,446,727$56,485,255
2022 990 - Public charity return
Jan 1, 2022 to Dec 31, 2022
$4,288,307 $1,338,564$53,174,312

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EIN: 95-4090420 · Source: IRS Form 990 e-file data