Kensington Hospital

Analysis

Kensington Hospital is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in September 1951, 75 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Kensington Hospital reported income of $9.0m and spending of $7.4m, spending 83% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.4m to $9.0m (+6.5%), an average of +1.6% a year. The sharpest change came in the year to June 2022, when income rose by 27%. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Kensington Hospital sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within PA. Charities of a similar size with the same main cause include Linn Health & Rehabilitation ($9.0m), Windhorse Integrative Mental Health Inc ($9.0m) and Community Living Options ($9.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 10% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $291k (3.9% of expenses). Other salaries and wages came to $4.2m. At year end it held assets of $9.1m against liabilities of $282k, net assets of $8.8m. It reported 43 employees.