ALTAMED HEALTH SERVICES CORP

COMMERCE, CA, 90040-1502 (323) 725-8751 Est. 1970 EIN 95-2810095
E320— Health Care Form 990 501(c)(3)
www.altamed.org

Mission

TO ELIMINATE DISPARITIES IN HEALTH CARE ACCESS AND OUTCOMES BY PROVIDING SUPERIOR QUALITY HEALTH AND HUMAN SERVICES THROUGH AN INTEGRATED WORLD-CLASS DELIVERY SYSTEM FOR LATINO, MULTI-ETHNIC UNDERSERVED COMMUNITIES IN SOUTHERN CALIFORNIA.

Giving Portfolio

Total Grants
205
Total Giving
$6.4M
Recipients
205
Years Active
2017 - 2024
Avg grant: $29,167 Median: $15,000

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
202454$2.7M $50K3024
202343$1.2M $28K2320
202232$944K $30K1913
202019$319K $17K109
201757$1.2M $21K570

Sectors Funded

Education
30
Human Services
25
Health Care
19
Arts, Culture & Humanities
18
Civil Rights & Advocacy
10
Community Improvement
10
Philanthropy & Grantmaking
8
Youth Development
7
and 9 more sectors

Top States

California
175
District of Columbia
10
New York
5
Texas
4
Missouri
3
Illinois
2
Georgia
1
Washington
1
and 4 more states

Grantee Size Profile

$1M - $5M
43
Over $50M
31
$10M - $50M
22
$100K - $500K
20
$5M - $10M
19
$500K - $1M
19
Under $100K
14

Top Grantees

Page 1 of 3

Grants Awarded · 179 grants

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Financials

Total Revenue
$1,720,050,956
Total Expenses
$1,651,636,796
Net Assets
$1,011,571,849
6,287 employees 11 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
7.3 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 16.2%
Expenses ↑ 18.6%
Revenue Sources
Contributions 3.4% Earned revenue 82.8% Investment 2.3% Other 11.0%
Expense Breakdown
Program 87.4% Management 12.3% Fundraising 0.3%

Officers & Trustees (24)

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Filing History (5 filings)

YearRevenueExpensesNet Assets
2024 Form 990
Jan 1, 2024 to Dec 31, 2024
$1,720,050,956 $1,651,636,796$1,011,571,849
2023 Form 990
Jan 1, 2023 to Dec 31, 2023
$1,480,779,622 $1,392,162,287$925,741,286
2022 Form 990
Jan 1, 2022 to Dec 31, 2022
$1,249,678,105 $1,113,812,347$776,450,137
2020 Form 990
Jan 1, 2020 to Dec 31, 2020
$871,232,823 $800,489,035$684,916,023
2017 Form 990
May 1, 2017 to Apr 30, 2018
$646,916,980 $560,011,673$464,630,356

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EIN: 95-2810095 · Source: IRS Form 990 e-file data