Philadelphia Post-Acute Partnersllc

Analysis

Philadelphia Post-Acute Partnersllc is a registered charity in United States, based in Allentown, PA. It received its IRS tax-exemption ruling in June 2008, 18 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Philadelphia Post-Acute Partnersllc reported income of $113.0m and spending of $108.2m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $98.3m to $113.0m (+15%), an average of +3.6% a year. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Philadelphia Post-Acute Partnersllc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within PA. Charities of a similar size with the same main cause include Hoag Hospital Foundation ($112.9m), Mercy Clinic Fort Smith Communities ($113.1m) and Wellspring Foundation of Southwest Virginia ($112.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.7% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $485k (0.4% of expenses). Other salaries and wages came to $65.4m. At year end it held assets of $78.4m against liabilities of $43.8m, net assets of $34.6m. It reported 1,154 employees.