Delaware Valley Community Health Inc

Analysis

Delaware Valley Community Health Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in April 1981, 45 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 December 2023, Delaware Valley Community Health Inc reported income of $53.4m and spending of $55.7m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $43.1m to $53.4m (+24%), an average of +5.5% a year. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Delaware Valley Community Health Inc 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 99th percentile, and in the 98th percentile within PA. Charities of a similar size with the same main cause include Community Solutions for Children Families and Individuals ($53.3m), Center for Alternative Sentencing and Employment Services Inc ($53.6m) and Jaeb Center for Health Research Inc ($53.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $1.5m (2.7% of expenses). Other salaries and wages came to $25.9m. At year end it held assets of $41.8m against liabilities of $11.9m, net assets of $29.9m. It reported 458 employees.