York Hospital

Analysis

York Hospital is a registered charity in United States, based in York, PA. It received its IRS tax-exemption ruling in April 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, York Hospital reported income of $1.57bn and spending of $1.37bn, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.24bn to $1.57bn (+28%), an average of +6.3% a year. The sharpest change came in the year to June 2021, when income rose by 20%. Over the whole period it spent 89% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, York Hospital sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within PA. Charities of a similar size with the same main cause include Childrens Hospital ($1.56bn), Nationwide Childrens Hospital Inc ($1.58bn) and Lexington Health Inc ($1.56bn).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.8% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $2.4m (0.2% of expenses). Other salaries and wages came to $321.2m. At year end it held assets of $2.47bn against liabilities of $684.8m, net assets of $1.78bn. It reported 6,443 employees.