City of Hope
Legal name: City of Hope Medical Foundation
Nonprofit profile at a glance
- EIN
- 274803222
- IRS 990 coverage
- 2011–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Duarte, CA, USA
- Phone
- (877) 460-4673
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Ambulatory Health Center, Community Clinic
Reported finances
- Revenue
- $812,546,410
- Expenses
- $817,040,521
- Assets
- $956,356,452
- Liabilities
- $635,755,930
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
23 people listed
Executive titles in this filing
- VINCENT D JENSEN (DIRECTOR/COHMF CHIEF EXECUTIVE)
- ROBERT W STONE (PRESIDENT & CEO)
- ANNETTE M WALKER (PRESIDENT OF COH OC CANCER CTR)
- MARCELLUS R VAN DEN BRINK MD PHD (COHNMC PRESIDENT & CHF PHYS EXEC)
Highest reported compensation
- ROBERT W STONE (PRESIDENT & CEO): $7,115,860 total reported compensation
- MARCELLUS R VAN DEN BRINK MD PHD (COHNMC PRESIDENT & CHF PHYS EXEC): $2,570,014 total reported compensation
- HARLAN ALCON LEVINE (PRES, HLTH INNOVATION & POLICY): $2,496,845 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our mission is to make hope a reality for all touched by cancer and diabetes.
What it reported doing in 2024
As part of a coordinated health care delivery system in southern California, medical foundation operates in over 25 locations in five counties, and provides or arranges for the provision of medical care and treatment of persons suffering from cancer and other life-threatening diseases. As part of city of hope's mission of creating greater integration and coordination of patient care, research and education services, medical foundation also provides or arranges for the provision of certain patient care and on-call coverage services, research, teaching and administrative services to medical center. Through these clinics and various agreements, medical center is able to ensure that patient care, as well as accompanying clinical research and community education, is provided seamlessly through a fully integrated network of providers. Medical foundation and medical center aim to continue to broaden the availability of health care and clinical research services for vulnerable populations including medicare and medi-cal beneficiaries and charity care patients. City of hope makes a range of services available to beneficiaries of these programs on a non-discriminatory basis within its inpatient and outpatient facilities, including medical center and medical foundation, and makes significant investments in community benefit activities. Medical foundation participates in these activities consistent with its charitable purposes. Medical foundation plays an integral role in ensuring the coordination and availability of research to benefit patient care. Through medical foundation, access to clinical trials and drug studies are made available to a wider base of patients who wish to remain in the community to receive their specialized care. Medical center offers accredited training programs and services that serve students, postdoctoral trainees, physicians, nurses and other health-care professionals. Medical foundation supports these programs by providing professional providers who serve as supervisors and mentors for participants in such training and through the various research, teaching, and administrative services provided by the foundation. Medical foundation also assists in community education and disease prevention programs.
Operating model
- Revenue model
- Other-operating. 99% of the money available for current operations came from other operating revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. A relatively small share of voting board members are independent and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 70
- Transparency & Controls: 100
- Accountability: 70
- Sustainability: 36
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 79.3%; rating input score 79
- Program expense ratio: 78.9%; rating input score 79
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
- Pay-setting controls: 6 of 6 controls in place; rating input score 100
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Pass
- Written employment contract: Pass
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 57.1%; rating input score 57; 15th percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -0.6%; rating input score 24; 24th percentile among comparable filings
- Total-asset coverage ratio: 1.17; rating input score 45; 45th percentile among comparable filings
- Liabilities to assets ratio: 0.66; rating input score 24; 24th percentile among comparable filings
- Officer compensation ratio: 1%; rating input score 74; 74th percentile among comparable filings
Growth
- Program expense growth: 13.1% per year; rating input score 100; 83rd percentile among comparable filings
- Revenue growth: 13.8% per year; rating input score 100; 87th percentile among comparable filings
- Asset growth: 21.4% per year; rating input score 100; 94th percentile among comparable filings
Details
- What they do: Mission, programs, and operating context captured from the official website.
- Where the money goes: 79.3% of revenue deployed · 78.9% of spending went to programs
- Governance: 4 of 7 board members independent · 8 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $644.4M in reported program spending
- Leadership: top reported pay $7.1M · 23 people listed · 6 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $351.2M reported
- Consistency: 32 of 32 current checks pass
- Schedules: 6 filed schedules · includes major donors, executive pay, and related organizations
- Filing history: 14 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 17 filed money-flow records
- Related organizations: 11 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Independent voting board scored 57/100.
- High — Sustainability: Operating margin scored 24/100.
- Review — Accountability: Governance controls: Form 990 shared with the board not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 45/100.
- High — Sustainability: Liabilities to assets ratio scored 24/100.