Trinity Health Mid-Atlantic Medical Group F-K-A Langhorne Physician Se

Analysis

Trinity Health Mid-Atlantic Medical Group F-K-A Langhorne Physician Se is a registered charity in United States, based in Langhorn, PA. It received its IRS tax-exemption ruling in August 1990, 36 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 June 2023, Trinity Health Mid-Atlantic Medical Group F-K-A Langhorne Physician Se reported income of $66.5m and spending of $101.5m, spending 153% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $48.9m to $66.5m (+36%), an average of +8.0% a year. The sharpest change came in the year to June 2021, when income rose by 21%. Over the whole period it spent 146% 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 Mid-Atlantic Medical Group F-K-A Langhorne Physician Se sits at the 94th percentile: it is larger than about 94% 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 Aurora Comprehensive Community Mental Health Center Inc ($66.5m), Elizabethtown Community Hospital ($66.5m) and Lifestream Blood Bank ($66.4m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $313k (0.3% of expenses). Other salaries and wages came to $65.0m. At year end it held assets of $19.0m against liabilities of $332.3m, net assets of -$313.4m. It reported 536 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.