Geisinger System Services

Analysis

Geisinger System Services is a registered charity in United States, based in Danville, PA. It received its IRS tax-exemption ruling in June 1981, 45 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Geisinger System Services reported income of $801.3m and spending of $810.1m, spending 101% of its income. Across the 6 years on record, from June 2019 to December 2023, income grew from $549.1m to $801.3m (+46%), an average of +7.9% a year. The sharpest change came in the year to December 2021, when income rose by 119%. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Geisinger System Services 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 Baptist Health Medical Group Inc ($800.6m), Saint Alphonsus Regional Medical Center Inc ($804.5m) and Jamaica Hospital Medical Center ($795.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $21.8m (2.7% of expenses). Other salaries and wages came to $286.5m. At year end it held assets of $1.54bn against liabilities of $1.28bn, net assets of $255.8m. It reported 4,529 employees.