Geisinger Jersey Shore Hospital

Analysis

Geisinger Jersey Shore Hospital is a registered charity in United States, based in Danville, PA. It received its IRS tax-exemption ruling in April 1937, 89 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 December 2023, Geisinger Jersey Shore Hospital reported income of $49.5m and spending of $40.3m, spending 81% of its income. Across the 6 years on record, from June 2019 to December 2023, income grew from $25.6m to $49.5m (+93%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 108%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Geisinger Jersey Shore Hospital sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within PA. Charities of a similar size with the same main cause include Genesis Health Inc ($49.5m), United Indian Health Services Inc ($49.5m) and West Side Community Health Services Inc ($49.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.6% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $548k (1.4% of expenses). Other salaries and wages came to $15.2m. At year end it held assets of $33.4m against liabilities of $26.1m, net assets of $7.3m. It reported 364 employees.