CLINICAS DEL CAMINO REAL INC
Mission Statement
The Mission of Clinicas del Camino Real, Inc. is to provide quality, comprehensive and preventative, health care services to Ventura County’s community. It is the explicit mission of Clinicas to save lives and restore good health to the underserved population of the county at rates that are consistent with a client’s ability to pay. Moreover, Clinicas’ bilingual and bicultural staff delivers its services on a personal and humane basis, and especially reaches out to members of the community who are traditionally underserved due to limited income, resources, cultural and language barriers. Clinicas del Camino Real, Inc. shall also serve as a voice for the under-represented health care client, by informing and educating elected officials and established health care systems of the needs of the underserved health care client. Clinicas’ Board of Directors and staff shall strive to bring about a thorough awareness – within the community at large – of the benefits of a healthy population. Clinicas del Camino Real’s Board of Directors, composed of concerned citizens, health professionals, and members of the public and private sector of Ventura County, shall commit all its energies and resources to assure that this mission is fully carried out.
Financial Overview — FY 2024
Compared with Peers
FY 2024| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
78.2% | 87.7% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
21.8% | 12.3% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
5.7 mo | 6.1 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
60.5% | 44.5% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
83.9% | 96.4% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
18.9% | 9.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
10.1% | 7.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
4.7% | 2.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $145.5M | $138.7M | $66.1M | 78.2% | 1029 |
| 2023 | $122.4M | $126.0M | $56.1M | 78.3% | 1064 |
| 2022 | $112.5M | $122.9M | $57.5M | 76.7% | 1045 |
| 2021 | $172.1M | $143.5M | N/A | — | 953 |
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