Princeton Healthcare System a New Jersey Non-Profit Corp

Analysis

Princeton Healthcare System a New Jersey Non-Profit Corp is a registered charity in United States, based in Plainsboro, NJ. It received its IRS tax-exemption ruling in January 1937, 89 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, Princeton Healthcare System a New Jersey Non-Profit Corp reported income of $575.2m and spending of $565.4m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $472.6m to $575.2m (+22%), an average of +5.0% a year. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Princeton Healthcare System a New Jersey Non-Profit Corp sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within NJ. Charities of a similar size with the same main cause include St John Medical Center Inc ($574.9m), The Carle Foundation ($575.4m) and Baptist Health Medical Group Inc ($574.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.6% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $6.8m (1.2% of expenses). Other salaries and wages came to $189.3m. At year end it held assets of $797.5m against liabilities of $332.2m, net assets of $465.3m. It reported 3,898 employees.