Lancaster General Medical Group

Analysis

Lancaster General Medical Group is a registered charity in United States, based in East Petersburg, PA. It received its IRS tax-exemption ruling in June 1996, 30 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, Lancaster General Medical Group reported income of $163.6m and spending of $261.3m, spending 160% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $114.1m to $163.6m (+43%), an average of +9.4% a year. The sharpest change came in the year to June 2021, when income rose by 16%. Over the whole period it spent 158% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lancaster General Medical Group 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 Upper Valley Medical Center ($163.5m), Tidalhealth Atlantic Inc ($163.8m) and Wake Forest University Baptist Medical Center ($163.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.1% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $2.8m (1.1% of expenses). Other salaries and wages came to $148.8m. At year end it held assets of $31.9m against liabilities of $22.2m, net assets of $9.7m. It reported 1,726 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.