That's correct, per section 214 of the CA revenue and taxation code: http://www.leginfo.ca.gov/cgi-bin/displaycode?section=rtc&group=00001-01000&file=201-242 ht

That's correct, per section 214 of the CA revenue and taxation code: http://www.leginfo.ca.gov/cgi-bin/displaycode?section=rtc&group=00001-01000&file=201-242 http://www.leginfo.ca.gov/cgi-bin/displaycode?section=rtc&gr... There are a number of conditions that must be met for exemption, and being a non-profit hospital generally fulfills them.