Geisinger Wyoming Valley Medical Center

Analysis

Geisinger Wyoming Valley Medical Center is a registered charity in United States, based in Danville, PA. It received its IRS tax-exemption ruling in October 1978, 48 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, Geisinger Wyoming Valley Medical Center reported income of $905.8m and spending of $781.9m, spending 86% of its income. Across the 6 years on record, from June 2019 to December 2023, income grew from $662.6m to $905.8m (+37%), an average of +6.5% a year. The sharpest change came in the year to December 2021, when income rose by 101%. Over the whole period it spent 85% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Geisinger Wyoming Valley Medical Center sits at the 99th 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 Yale New Haven Health Services Corporation ($904.8m), North Memorial Health Care ($907.6m) and Alaska Native Tribal Health Consortium ($904.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.9% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $894k (0.1% of expenses). Other salaries and wages came to $196.6m. At year end it held assets of $652.4m against liabilities of $411.1m, net assets of $241.3m. It reported 3,659 employees.