Jefferson University Physicians

Analysis

Jefferson University Physicians is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in October 1995, 31 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Jefferson University Physicians reported income of $486.5m and spending of $563.7m, spending 116% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $457.2m to $486.5m (+6.4%), an average of +1.6% a year. Over the whole period it spent 110% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Jefferson University Physicians sits at the 100th 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 Kipp Texas Inc ($484.5m), University of the Pacific ($488.7m) and Brandeis University ($478.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.0% and program service revenue 99% of the total. Other salaries and wages came to $377.8m. At year end it held assets of $198.4m against liabilities of $426.5m, net assets of -$228.2m. It reported 2,764 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.