Lehigh Valley Physician Group

Analysis

Lehigh Valley Physician Group is a registered charity in United States, based in Allentown, PA. It received its IRS tax-exemption ruling in July 1993, 33 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, Lehigh Valley Physician Group reported income of $807.9m and spending of $919.6m, spending 114% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $610.1m to $807.9m (+32%), an average of +7.3% a year. The sharpest change came in the year to June 2023, when income rose by 16%. Over the whole period it spent 106% 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 Physician Group sits at the 99th percentile: it is one of the largest 1% in its cause. 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 Swedishamerican Hospital ($806.1m), Gates Medical Research Institute ($809.5m) and Baptist Health Care Inc ($805.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $14.9m (1.6% of expenses). Other salaries and wages came to $570.9m. At year end it held assets of $374.1m against liabilities of $465.0m, net assets of -$90.8m. It reported 4,672 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.