Main Line Healthcare

Analysis

Main Line Healthcare is a registered charity in United States, based in Radnor, PA. It received its IRS tax-exemption ruling in February 1986, 40 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 Healthcare reported income of $459.6m and spending of $459.6m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $284.4m to $459.6m (+62%), an average of +13% a year. Over the whole period it spent 100% 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 Healthcare sits at the 98th percentile: it is larger than about 98% of them. 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 Common Ground Healthcare Cooperative ($459.4m), San Antonio Regional Hospital ($459.8m) and Homestead Hospital Inc ($458.5m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $27.2m (5.9% of expenses). Other salaries and wages came to $253.3m. At year end it held assets of $180.2m against liabilities of $173.0m, net assets of $7.1m. It reported 2,392 employees.