Pennsylvania Psychiatric Institute

Analysis

Pennsylvania Psychiatric Institute is a registered charity in United States, based in Hershey, PA. It received its IRS tax-exemption ruling in October 2008, 18 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, Pennsylvania Psychiatric Institute reported income of $50.5m and spending of $52.0m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $36.4m to $50.5m (+39%), an average of +8.6% a year. The sharpest change came in the year to June 2023, when income rose by 17%. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Pennsylvania Psychiatric Institute 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 Memorial Hospital Association ($50.5m), Community Counseling Solutions ($50.5m) and Little Falls Hospital ($50.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 39% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $767k (1.5% of expenses). Other salaries and wages came to $23.9m. At year end it held assets of $18.3m against liabilities of $18.0m, net assets of $298k. It reported 485 employees.