California · Nonprofit
Torrance Memorial Medical Center
Torrance Memorial Medical Center (California) receives grants from 22 organizations whose IRS filings report $4,682,684 to it, the largest being TORRANCE MEMORIAL MEDICAL CENTER AUXILIARY ($1,508,331). 15 of them have funded it in more than one year.
- Revenue FY2025
- $974M
- Funders on record
- 22
- Grants received
- $4.7M
- Net assets
- $886M
What Torrance Memorial Medical Center does
Mission
Torrance Memorial Medical Center serves the public interest by: - improving the community health within the scope and expertise of our resources ; - offering the most current and effective technologies rendered in a compassionate, caring manner; and - maintaining long-term stability in order to assure our strength and viability for the benefit of the community.
As stated on its FY2025 Form 990.
Program
Fulfilling our mission to meet community health needs: since 1925, community access to quality healthcare services has been a top priority for Torrance Memorial Medical Center. In 2018, torrance memorial affiliated with cedars-sinai medical center under the umbrella of cedars-sinai health system to further enhance access, coordination and quality of care, and to bring more expertise in the areas of neuroscience, cancer and heart failure to the communities of the south bay. Most important to our mission is to secure access to acute hospital services and remain stable where other hospitals have failed. The board of trustees addresses the priorities for community health needs through its board level community benefits planning committee. This committee reviews the results of a triennial community needs assessment which summarized the health issues which have the greatest priority. Within the resource constraints of the medical center, we adopt an annual community benefits plan which prioritizes programs and services which are offered at cost or at a financial loss and are designed to improve community health. Upon recommendation of a board-level community benefits planning committee,…
$806,977,452 spentof which $144,803 as grants$915,520,007 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $806,977,452.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $1.2B to $1.3B (+6%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 0% · 2020 3% · 2021 1% · 2022 1% · 2023 0% · 2024 0% · 2025 0%. Grants only. Government contracts and fees sit inside program revenue.
4% of Torrance Memorial Medical Center’s revenue is contributions — more reliant on donations than three-quarters of its peers (1% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Greg Geiger
Chairman
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 5 funders to 8 funders, grant income fell $642k → $403k.
5 of 22 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 10% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $130M from one payer (the payer shares this organization's board, largest Torrance Memorial Medical Center Health Care Foundation). These are real filings, and they are not money Torrance Memorial Medical Center raised.
From the IRS filings of Torrance Memorial Medical Center’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
Torrance Memorial Medical Center leans on a few funders — its largest provides 32% of grant income and the top three 72%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
59% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Torrance Memorial Medical Center.
Largest funder’s share by year: 2017 47% · 2018 44% · 2019 42% · 2020 51% · 2021 62% · 2022 44% · 2023 51% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
45% of Torrance Memorial Medical Center's funders are still giving 3 years after their first grant; 68% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
99% of Torrance Memorial Medical Center's grant income comes from California funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $479k arriving through sponsors registered in 5 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
Torrance Memorial Medical Center runs a healthier operating margin than half of the 1,241 health nonprofits its size.
this organization peer median middle 50% of peers· 1,241 health nonprofits over $100M, FY2025
Organizations like Torrance Memorial Medical Center
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In California
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
89% of spending goes to programs.
Governance
Footprint & structure
Files a return copy in 1 state
Part of a family of 30 related entities
- Torrance Health Association · exempt
- Torrance Memorial Med Ctr Healthcare Fdn · exempt
- California Heart Center Foundation · exempt
- Cedars Sinai Health System · exempt
- Cedars-Sinai Medical Care Foundation · exempt
Screen this organization
A dated, signed PDF of the compliance screen for Torrance Memorial Medical Center: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds Torrance Memorial Medical Center?
- Torrance Memorial Medical Center (California) receives grants from 22 organizations whose IRS filings report $4,682,684 to it, the largest being TORRANCE MEMORIAL MEDICAL CENTER AUXILIARY ($1,508,331). 15 of them have funded it in more than one year.
- How many funders does Torrance Memorial Medical Center have?
- IRS filings report 22 organizations giving $4,682,684 in grants to Torrance Memorial Medical Center, 15 of which have funded it in more than one year.
- Who is the largest funder of Torrance Memorial Medical Center?
- TORRANCE MEMORIAL MEDICAL CENTER AUXILIARY is the largest funder on record, with $1,508,331 in grants. The full list of funders is on this page.
- How can an organization like Torrance Memorial Medical Center find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in California. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 22 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing