Presbyterian U of Pa Medical Center

Analysis

Presbyterian U of Pa Medical Center is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in May 1972, 54 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Presbyterian U of Pa Medical Center reported income of $67k and spending of $83k, spending 123% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $94k to $67k (-28%), an average of -8.0% a year. The sharpest change came in the year to September 2020, when income dropped by 199%. Over the whole period it spent 131% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Presbyterian U of Pa Medical Center sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 24th percentile within DE. Charities of a similar size with the same main cause include Education and Science Society Inc ($67k), Indiana Retired Teachers Association Foundation Inc ($67k) and PTA California Congress of Parents Teachers & Students Inc ($67k).

Compensation of current officers, directors and key employees was $28k (34% of expenses). At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.