HOAG CLINIC INC
PO BOX 6100, NEWPORT BEACH, CA · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $355,323,126 | $447,970,290 | $72,997,320 |
| FY2023 | $325,304,223 | $428,811,406 | $78,940,291 |
| FY2022 | $258,148,653 | $348,706,744 | $89,659,753 |
| FY2021 | $211,626,917 | $303,933,342 | $91,279,047 |
| FY2020 | $119,097,519 | $193,938,295 | $82,868,035 |
| FY2019 | $80,408,092 | $121,933,763 | -$36,989,402 |
| FY2018 | $2,617,243 | $4,866,175 | -$1,950,629 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $3,781,275 | 1% |
| Program service revenue | $340,968,941 | 99% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $419,141,411 | 94% |
| Management & general | $28,828,879 | 6% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 99% of total revenue in FY2024.
- Program services accounted for 94% of functional expenses, management & general 6%, and fundraising 0%.
- 94% of functional expenses went to program services in FY2024. That is higher than 84.4% of 378 Health Care organizations in CA.
- Net assets covered about 2 months of expenses at the end of the reporting year. That puts it in the 18th percentile among 1696 Health Care organizations in CA.
- Total revenue was higher than 95.3% of 1757 Health Care organizations in CA.
- Total revenue rose from $2,617,243 in FY2018 to $355,323,126 in FY2024, Revenue increased in 6 and decreased in 0 of 6 year-over-year comparisons.
- Expenses exceeded revenue in 7 of 7 reported years (FY2018, FY2019, FY2020, FY2021, FY2022, FY2023, FY2024).
- Net assets grew from -$1,950,629 to $72,997,320 between FY2018 and FY2024.
- Donations are generally tax-deductible (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
HOAG CLINIC'S MISSION IS TO PROMOTE THE CONTINUED AVAILABILITY OF HEALTH CARE SERVICES TO ALL PERSONS AND PROVIDE COMMUNITY EDUCATION TO HEALTH CARE PROFESSIONALS AND CONDUCT CLINICAL RESEARCH.
IRS status
| Ruling year | 2018 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | E30 — Health Care (in CA) |
| Donations | Donations are generally tax-deductible (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded September 20, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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