John F Kennedy Memorial Hospital

Analysis

John F Kennedy Memorial Hospital is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in March 1966, 60 years ago. 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 2024, John F Kennedy Memorial Hospital reported income of $7.7m and spending of $8.1m, spending 104% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $7.7m to $7.7m (+1.2%), an average of +0.2% a year. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, John F Kennedy Memorial Hospital sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within PA. Charities of a similar size with the same main cause include Community Life Center Inc ($7.7m), The Riordan Foundation ($7.8m) and Oe Enterprises Incorporated ($7.7m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Other salaries and wages came to $2.2m. At year end it held assets of $1.1m against liabilities of $602k, net assets of $485k. It reported 66 employees.