Guthrie Medical Group PC
Analysis
Guthrie Medical Group PC is a registered charity in United States, based in Sayre, PA. It received its IRS tax-exemption ruling in March 1988, 38 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, Guthrie Medical Group PC reported income of $453.2m and spending of $454.8m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $437.0m to $453.2m (+3.7%), an average of +0.9% a year. The sharpest change came in the year to June 2020, when income dropped by 21%. Over the whole period it spent 93% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Guthrie Medical Group PC 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 Virtua-Memorial Hospital Burlington County Inc ($452.5m), Osf Multi-Specialty Group ($453.8m) and Corewell Health ($452.2m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 21% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $2.7m (0.6% of expenses). Other salaries and wages came to $261.1m. At year end it held assets of $724.5m against liabilities of $712.5m, net assets of $11.9m. It reported 2,312 employees.
Income and spending
Where the income comes from
- Contributions & grants 21%
- Program services 79%
- Other 0.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Virtua-Memorial Hospital Burlington County Inc | Marlton | $452.5m |
| Osf Multi-Specialty Group | Peoria | $453.8m |
| Corewell Health | Grand Rapids | $452.2m |
| Henry Mayo Newhall Memorial Hospital | Valencia | $454.2m |