IRS 990 Nonprofit Profile

Usc Health System

The corporation is a nonprofit public benefit corporation and is not organized for the private gain of any person. it is organized under the nonprofit public benefit corporation law for public and charitable purposes. the corporation is organized for the following exclusively charitable, scientific and educational purposes within the meaning of section 501 (c)(3) of the internal revenue code of 1986, as now in effect or as may hereafter be amended (the "code"), and section 214 of the california revenue and taxation code, as now in effect or as may hereafter be amended (the "r&tc"). the corporation is organized and shall be operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of the university of southern california, usc care medical group, inc., keck medical center of usc, usc verdugo hills hospital, and usc arcadia hospital. in this capacity, the corporation shall: 1) organize, coordinate, direct and operate an integrated health care system for the delivery of health care services by those hospitals and other health care providers that become affiliated with, or related to, the corporation; 2) enhance the accessibility, quality and cost-effectiveness of health care services related to the communities served by the corporation and its affiliates; and 3) encourage and participate in activities designed and carried on to provide and improve the general public health and health of patients served by the corporation and its affiliates.

Filing year

2023

Total revenue

$9.7M

Total expenses

$17.2M

Program expenses

$85.6M

Administration

$-68.5M

Fundraising

$0

Program share of expenses

499%

EIN

850666499

Location

Los Angeles, CA