Official Seal, Everything Is Broken (2026)

Everything Is Broken

Report No. 1 · Nonprofit Hospital Executive Pay vs Charity Care · Annual Report, 2026 edition

California · Ranked 314 of 1033 by CEO pay.

Keck Medical Center of USC

Marty Sargeant, President/CEO/Director/Chair. Fiscal year ending 2025-06.

$1.3M
CEO total compensation
Form 990 Part VII, columns D+E+F
1.06%
of expenses spent on charity care
Schedule H Part I line 7a
5.7%
CEO pay as a share of all charity care

Most of the reported compensation ($1,240,480 of $1,336,240) came from a related organization (Part VII column E) and was reported on this filing.

§1The filing

Total revenue
$2,156,075,753
Total expenses
$2,219,233,673
Net assets
$1,477,966,432
Employees
0
Hospitals covered
2 facilities across 1 filing
Charity care, net
$23,433,305
Bad debt
$6,840,737
Medicare surplus (shortfall), as filed
($282,747,209)
CEO pay from the organization (Part VII col. D)
$0
From related organizations (col. E)
$1,240,480
Other compensation, including deferred pay and nontaxable benefits (col. F)
$95,760
CEO total compensation (D+E+F)
$1,336,240 to Marty Sargeant

Medicare surplus (shortfall) is Schedule H Part III line 7: Medicare revenue minus the cost of Medicare care. A figure in parentheses is a shortfall. Like bad debt, it is not community benefit on the IRS form.

Source: Form 990, Keck Medical Center of USC, EIN 85-1644866, fiscal year ending 2025-06, as published by the IRS. CEO identification: ceo title.

§2Community benefit versus charity care

What the system reported as total community benefit (Schedule H line 7k)$110.4M Of which charity care to patients who could not pay (line 7a)$23.4M (21%)

The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($6.8M) and Medicare shortfall are reported separately by the IRS and are not community benefit on the form.

Every number on this page was copied from the filing linked above. If a figure is wrong, send the filing that contradicts it and the correction runs at the top of this page.

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Keck Medical Center of USC: CEO pay $1.3M, charity care 1.06% of expenses