City Of Hope
- Assets
- $2.9b
- Revenue
- $330.0m
- Investments
- $1.3b
- Employees
- 222
- Location
- Duarte, CA
- Founding
- 04/1985
- Data as of
- 09/2023
- EIN
- 95-3435919
Organization Overview
City Of Hope is located in Duarte, CA. The organization was established in 1985. According to its NTEE Classification (E05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Health Care and related organizations. As of 09/2023, City Of Hope employed 222 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. City Of Hope is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2023, City Of Hope generated $330.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.6%) each year. All expenses for the organization totaled $167.0m during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (8.3%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, City Of Hope has awarded 32 individual grants totaling $2,407,360,494. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO RAISE FUNDS TO SUPPORT AND TRANSFORM THE FUTURE OF HEALTHCARE BY TURNING SCIENCE INTO PRACTICAL BENEFIT AND HOPE FOR CURES INTO REALITY.
Describe the Organization's Program Activity:
CONTRIBUTIONS ARE SOLICITED FOR SUPPORT OF PROGRAMS IN SCIENTIFIC AND MEDICAL RESEARCH, PATIENT CARE AND RELATED SERVICES AND PUBLIC INFORMATION AND EDUCATION PERFORMED AT CITY OF HOPE NATIONAL MEDICAL CENTER, CITY OF HOPE MEDICAL FOUNDATION, TRANSLATIONAL GENOMICS RESEARCH INSTITUTE, TRANSLATIONAL GENOMICS RESEARCH INSTITUTE FOUNDATION, THE BECKMAN RESEARCH INSTITUTE OF THE CITY OF HOPE, THE CITY OF HOPE CHICAGO, THE CITY OF HOPE ATLANTA AND THE CITY OF HOPE PHOENIX.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Director & Chair Of The Board | OfficerTrustee | 2 | $0 |
Name Not Listed Director - Beg. 2/17/23 | Trustee | 2 | $0 |
Name Not Listed Director | Trustee | 2 | $0 |
Name Not Listed Director - Until 12/31/22 | Trustee | 2 | $0 |
Name Not Listed Director | Trustee | 2 | $0 |
Name Not Listed Director - Beg. 2/17/23 | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Missionwired Professional Fundraising Services | 9/29/23 | $7,511,485 |
Three-sixty Advisory Group Llc Consulting Services | 9/29/23 | $1,916,601 |
Namevents Event Planning Services | 9/29/23 | $1,409,755 |
Acclaro Solutions Llc Consulting Services | 9/29/23 | $848,656 |
Njj Productions Inc Performance Services | 9/29/23 | $750,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $28,830 |
| Membership dues | $0 |
| Fundraising events | $35,867,762 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $223,183,121 |
| Noncash contributions included in lines 1a–1f | $14,007,165 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $259,079,713 |
| Total Program Service Revenue | $675,000 |
| Investment income | $16,685,293 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $86,442 |
| Net Rental Income | $199,990 |
| Net Gain/Loss on Asset Sales | $46,411,295 |
| Net Income from Fundraising Events | -$9,106,986 |
| Net Income from Gaming Activities | $1,861,836 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $330,016,354 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $86,164,731 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $5,812,197 |
| Compensation of current officers, directors, key employees. | $3,232,105 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $38,942,829 |
| Pension plan accruals and contributions | $376,141 |
| Other employee benefits | $3,308,666 |
| Payroll taxes | $2,692,763 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $749,802 |
| Fees for services: Accounting | $42,068 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $6,551,631 |
| Fees for services: Investment Management | $2,801,789 |
| Fees for services: Other | $6,436,444 |
| Advertising and promotion | $799,417 |
| Office expenses | $3,238,475 |
| Information technology | $3,450,971 |
| Royalties | $0 |
| Occupancy | $263,427 |
| Travel | $645,582 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $897,798 |
| Interest | $456,901 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,132,401 |
| Insurance | $235,939 |
| All other expenses | $0 |
| Total functional expenses | $166,999,442 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $22,712,238 |
| Savings and temporary cash investments | $33,776,662 |
| Pledges and grants receivable | $313,046,056 |
| Accounts receivable, net | $146,905 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,472,797 |
| Net Land, buildings, and equipment | $15,362,839 |
| Investments—publicly traded securities | $417,043,673 |
| Investments—other securities | $1,264,734,350 |
| Investments—program-related | $132,592,509 |
| Intangible assets | $0 |
| Other assets | $678,767,733 |
| Total assets | $2,879,655,762 |
| Accounts payable and accrued expenses | $13,444,138 |
| Grants payable | $0 |
| Deferred revenue | $3,447,568 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $123,408,118 |
| Other liabilities | $184,351,836 |
| Total liabilities | $324,651,660 |
| Net assets without donor restrictions | $1,485,135,580 |
| Net assets with donor restrictions | $1,069,868,522 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,879,655,762 |
Grants Awarded
Over the last fiscal year, City Of Hope has awarded $86,164,731 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
BECKMAN RESEARCH INSTITUTE OF THE COH PURPOSE: Operating Support | $43,883,442 |
CITY OF HOPE NATIONAL MEDICAL CENTER PURPOSE: Operating Support | $40,267,371 |
CITY OF HOPE MEDICAL FOUNDATION PURPOSE: Operating Support | $11,199 |
THE TRANSLATIONAL GENOMICS RESEARCH INSTITUTE PURPOSE: Operating Support | $2,002,719 |