Lehigh Valley Hospital Pocono

Analysis

Lehigh Valley Hospital Pocono is a registered charity in United States, based in Allentown, PA. It received its IRS tax-exemption ruling in April 1941, 85 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, Lehigh Valley Hospital Pocono reported income of $426.0m and spending of $341.1m, spending 80% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $276.7m to $426.0m (+54%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 41%. Over the whole period it spent 81% 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 Hospital Pocono sits at the 98th percentile: it is larger than about 98% of them. 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 University of Florida Jacksonville Physicians Inc ($425.4m), Flushing Hospital & Medical Center ($426.2m) and North Shore-Lij Anesthesiology PC ($424.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.3% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $292k (0.1% of expenses). Other salaries and wages came to $98.1m. At year end it held assets of $685.1m against liabilities of $223.3m, net assets of $461.8m. It reported 2,166 employees.