COMMUNITY HOSPITAL OF THE MONTEREY PENINSULA
23625 HOLMAN HWY, MONTEREY, CA · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $919,640,712 | $875,954,987 | $312,461,230 |
| FY2023 | $1,000,724,678 | $933,598,710 | $264,864,230 |
| FY2022 | $828,432,615 | $1,017,201,411 | $217,566,911 |
| FY2021 | $751,935,985 | $647,586,192 | $362,832,194 |
| FY2020 | $689,582,224 | $597,720,182 | $252,382,689 |
| FY2019 | $699,294,510 | $625,265,663 | $189,474,660 |
| FY2018 | $617,449,556 | $558,738,468 | $113,353,258 |
| FY2017 | $576,851,168 | $500,021,004 | $260,987,056 |
| FY2016 | $554,308,997 | $481,723,698 | $198,731,776 |
| FY2015 | $519,289,813 | $483,116,225 | $149,303,828 |
| FY2014 | $473,703,968 | $439,734,374 | $118,499,597 |
| FY2013 | $483,461,639 | $504,031,131 | $141,509,158 |
| FY2012 | $453,026,395 | $442,959,111 | $83,788,443 |
| FY2011 | $423,475,280 | $428,816,273 | $130,655,540 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $19,549,994 | 2% |
| Program service revenue | $899,137,049 | 98% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $748,807,584 | 85% |
| Management & general | $127,147,403 | 15% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 98% of total revenue in FY2024.
- Program services accounted for 85% of functional expenses, management & general 15%, and fundraising 0%.
- 85% of functional expenses went to program services in FY2024. That is higher than 51.3% of 378 Health Care organizations in CA.
- Net assets covered about 4.3 months of expenses at the end of the reporting year. That puts it in the 27th percentile among 1696 Health Care organizations in CA.
- Total revenue was higher than 97.8% of 1757 Health Care organizations in CA.
- Total revenue rose from $423,475,280 in FY2011 to $919,640,712 in FY2024, Revenue increased in 10 and decreased in 3 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 3 of 14 reported years (FY2011, FY2013, FY2022).
- The highest revenue on record here is $1,000,724,678 in FY2023.
- Net assets grew from $130,655,540 to $312,461,230 between FY2011 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
IMPROVING LIVES BY DELIVERING EXCEPTIONAL CARE AND INSPIRING THE PURSUIT OF OPTIMAL HEALTH.
IRS status
| Ruling year | 1938 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | E220 — 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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