Lehigh Valley Hospital-Hazleton
Analysis
Lehigh Valley Hospital-Hazleton is a registered charity in United States, based in Allentown, PA. It received its IRS tax-exemption ruling in December 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 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, Lehigh Valley Hospital-Hazleton reported income of $160.0m and spending of $136.9m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $139.9m to $160.0m (+14%), an average of +3.4% a year. Over the whole period it spent 85% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lehigh Valley Hospital-Hazleton sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 99th percentile within PA. Charities of a similar size with the same main cause include Beth Israel Lahey Health Pharmacy Inc ($159.9m), Columbus Community Hospital Inc ($160.2m) and Bristol Bay Area Health Corporation ($159.6m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.1% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $217k (0.2% of expenses). Other salaries and wages came to $37.4m. At year end it held assets of $343.4m against liabilities of $87.1m, net assets of $256.3m. It reported 926 employees.
Income and spending
Where the income comes from
- Contributions & grants 0.1%
- Program services 95%
- Other 4.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Beth Israel Lahey Health Pharmacy Inc | Charlestown | $159.9m |
| Columbus Community Hospital Inc | Columbus | $160.2m |
| Bristol Bay Area Health Corporation | Dillingham | $159.6m |
| Gundersen Clinic Ltd | LA Crosse | $160.3m |