The Heart Group of Lancaster General Health

Analysis

The Heart Group of Lancaster General Health is a registered charity in United States, based in Lancaster, PA. It received its IRS tax-exemption ruling in February 2014, 12 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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, The Heart Group of Lancaster General Health reported income of $19.5m and spending of $41.5m, spending 212% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $17.7m to $19.5m (+11%), an average of +2.6% a year. Over the whole period it spent 206% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Heart Group of Lancaster General Health sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within PA. Charities of a similar size with the same main cause include Bethel Methodist Home ($19.5m), American Association of Blood Banks ($19.6m) and First Nations Community Health Source Inc ($19.5m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 94% of the total. Compensation of current officers, directors and key employees was $914k (2.2% of expenses). Other salaries and wages came to $29.5m. At year end it held assets of $5.7m against liabilities of $6.1m, net assets of -$385k. It reported 229 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.