Deborah Heart & Lung Center

Analysis

Deborah Heart & Lung Center is a registered charity in United States, based in Browns Mills, NJ. It received its IRS tax-exemption ruling in May 1973, 53 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 December 2023, Deborah Heart & Lung Center reported income of $258.1m and spending of $240.8m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $212.4m to $258.1m (+22%), an average of +5.0% a year. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Deborah Heart & Lung Center sits at the 97th percentile: it is larger than about 97% 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 Coxhealth ($257.9m), Aurora Health Care Inc ($258.2m) and The Queens Health Systems ($257.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.6% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $4.1m (1.7% of expenses). Other salaries and wages came to $101.0m. At year end it held assets of $194.2m against liabilities of $90.5m, net assets of $103.7m. It reported 1,407 employees.