Parochial Medical Center

Analysis

Parochial Medical Center is a registered charity in United States, based in New Holland, PA. It received its IRS tax-exemption ruling in September 2001, 25 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Parochial Medical Center reported income of $3.6m and spending of $3.6m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.3m to $3.6m (+58%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 31%. 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, Parochial Medical Center sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within PA. Charities of a similar size with the same main cause include Angelman Syndrome Foundation Inc ($3.6m), Center for Progress and Excellence Inc ($3.6m) and Ccapp Education Institute ($3.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.5% and program service revenue 98% of the total. Other salaries and wages came to $2.0m. At year end it held assets of $1.0m against liabilities of $52k, net assets of $948k. It reported 30 employees.