Main Line Health Inc External Reporting

Analysis

Main Line Health Inc External Reporting is a registered charity in United States, based in Radnor, PA. It received its IRS tax-exemption ruling in May 1987, 39 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 June 2023, Main Line Health Inc External Reporting reported income of $24.6m and spending of $5.8m, leaving 76% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.1m to $24.6m (+300%), an average of +42% a year. The sharpest change came in the year to June 2023, when income rose by 430%. Over the whole period it spent 74% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Main Line Health Inc External Reporting sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within PA. Charities of a similar size with the same main cause include Nazareth Living Center ($24.6m), Mother Frances Hospital-Winnsboro ($24.6m) and Tyler Family Circle of Care ($24.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.0% and program service revenue 11% of the total. At year end it held assets of $63.1m against liabilities of $15.6m, net assets of $47.5m. It reported 65 employees.