Trinity Health of the Mid-Atlantic Region

Analysis

Trinity Health of the Mid-Atlantic Region is a registered charity in United States, based in Newtown SQ, PA. It received its IRS tax-exemption ruling in March 1946, 80 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 June 2023, Trinity Health of the Mid-Atlantic Region reported income of $83.6m and spending of $84.4m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $86.1m to $83.6m (-2.9%), an average of -0.7% a year. The sharpest change came in the year to June 2022, when income dropped by 17%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Trinity Health of the Mid-Atlantic Region sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within PA. Charities of a similar size with the same main cause include Trinity Continuing Care Services ($83.6m), Loretto Hospital ($83.7m) and National Council for Behavioral Health ($83.6m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 94% of the total. Compensation of current officers, directors and key employees was $3.7m (4.4% of expenses). Other salaries and wages came to $21.6m. At year end it held assets of $666.6m against liabilities of $27.4m, net assets of $639.2m.