Doylestown Health Physicians
100% goes to programs Thin reserves Growing revenue
Doylestown Health Physicians is a 501(c)(3) organization based in Doylestown, Pennsylvania, registered in 1986, with $74,156,400 in FY2023 revenue. CharityIndex grades it C+, and it directs about 100% of spending to programs.
599 West State Street, Doylestown, PA, 18901 EIN 23-2368197 Since 1986
Revenue (FY2023)
$74.2M
▲ 4.1% vs prior year
Health median: $840K
Expenses (FY2023)
$98.7M
Net assets
-$45.4M
Employees
617
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
C+Program efficiency40% of the rating100% to programs
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Doylestown Health Physicians: 100% to programs earns a C+ on this criterion. See the exact thresholds →
DFinancial health25% of the rating0 mo reserves · -33% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Doylestown Health Physicians: 0 mo reserves · -33% margin earns a D on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Doylestown Health Physicians: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Doylestown Health Physicians: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To support the charitable tax-exempt purposes, activities and programs of doylestown health system and affiliates, including doylestown hospital.
Contact & location
- Address
- 599 West State Street, Doylestown, PA, 18901
- City
- Doylestown
- State
- Pennsylvania
- Category
- Health Care
- Subcategory
- Support Foundations & Fundraising
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $22.9M (FY2013) to $74.2M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $65.7MNet assets -$45.4M
Operating margin
-33.1%
Spent more than it raised in the latest fiscal year.
Total assets
$20.3M
Total liabilities
$65.7M
Net assets
-$45.4M
Salaries & benefits
$80.0M
81% of expenses
Board members
6
4 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $74,156,400▲4.1% | $98,682,233▲8.2% | -$45,382,820▼1.0% | $20,314,255▲0.1% | 990 |
| 2022 | $71,224,980▲3.4% | $91,211,474▲5.3% | -$44,934,712▼1.1% | $20,287,520▲9.0% | 990 |
| 2021 | $68,893,760▲13.6% | $86,646,094▲8.1% | -$44,448,218▼5.1% | $18,604,607▼9.1% | 990 |
| 2020 | $60,672,147▲15.5% | $80,159,291▲15.6% | -$42,295,884▼18.1% | $20,467,499▲225% | 990 |
| 2019 | $52,540,610▲1.4% | $69,313,552▲10.6% | -$35,808,740▼26.8% | $6,302,925▲38.1% | 990 |
| 2018 | $51,813,881▲24.0% | $62,676,707▲24.1% | -$28,235,798▼62.5% | $4,565,151▼25.5% | 990 |
| 2017 | $41,770,521▲25.0% | $50,493,511▲28.9% | -$17,372,972▼101% | $6,130,359▲59.5% | 990 |
| 2016 | $33,404,329▲22.2% | $39,171,730▲27.1% | -$8,649,982▼200% | $3,844,323▲23.6% | 990 |
| 2015 | $27,335,743▲5.6% | $30,808,755▲4.8% | -$2,882,581▼588% | $3,110,502▼4.5% | 990 |
| 2014 | $25,888,387▲12.9% | $29,390,533▲16.1% | $590,431▼53.2% | $3,258,364▲21.6% | 990 |
| 2013 | $22,935,386 | $25,322,333▲0.6% | $1,262,205▼43.2% | $2,679,720▼22.5% | 990 |
| 2012 | — | $25,171,860▲195% | $2,221,620▲136% | $3,458,157▲160% | 990 |
| 2011 | — | $8,527,611▼1.9% | -$6,256,049▼30.7% | -$5,738,027▼38.1% | 990 |
| 2010 | — | $8,689,964▲1.9% | -$4,785,310▼41.7% | -$4,154,892▼51.8% | 990 |
| 2009 | — | $8,524,819 | -$3,377,572 | -$2,736,986 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Richard Y Highbloom Md — $926,274 (0.94% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Richard Y Highbloom Md | Cardiologist | 55 | $926,274 |
| Matthew Thomas Md | Cardiologist | 55 | $689,489 |
| Steven Guidera Md | Cardiologist | 55 | $689,183 |
| David Boland Md | Cardiologist | 55 | $658,233 |
| Andrew B Rose Md | Cardiologist | 55 | $638,927 |
| Sean Reinhardt Md | Director | 55 | $624,811 |
| Adam Edelson | Former Key Employee | 55 | — |
| Barbara Ann Price | Vice Chair - Director | 6 | — |
| Elizabeth Seeber | Vp & Cfo - Doylestown Health | 55 | — |
| Helen Hammes | Sec./ Treas- Director | 6 | — |
| James L Brexler Fache | Dir-pres/ceo Doylestown Health | 55 | — |
| Marianne E Chabot | Chair - Director | 8 | — |
| Matthew F Costello | Executive Director | 55 | — |
| Patrick Counihan | Director | 3 | — |
| Scott S Levy Md | Vp & Cmo - Doylestown Health | 55 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Doylestown Urology | Medical | $401,412 |
| Waystar Inc | Billing | $342,335 |
| Proscribe LLC | Transcription | $211,943 |
| Abington Memorial Hospital - Jeff H | Medical | $153,375 |
| Capital Health System Inc | Medical | $140,525 |
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Compare Doylestown Health Physicians
Frequently asked questions
- Is Doylestown Health Physicians a legitimate nonprofit?
- Yes. Doylestown Health Physicians is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 23-2368197, based in Doylestown, Pennsylvania. Donations are tax-deductible.
- What is Doylestown Health Physicians's EIN?
- Doylestown Health Physicians's Employer Identification Number (EIN) is 23-2368197.
- How much revenue does Doylestown Health Physicians report?
- Doylestown Health Physicians reported $74,156,400 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Doylestown Health Physicians's spending goes to programs?
- Doylestown Health Physicians spends about 100% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Doylestown Health Physicians have?
- CharityIndex grades Doylestown Health Physicians C+, based on program efficiency and fundraising cost.
- How much does Doylestown Health Physicians's highest-paid employee make?
- The highest reported compensation on Doylestown Health Physicians's latest Form 990 is $926,274, paid to Richard Y Highbloom Md (Cardiologist).
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Data for Doylestown Health Physicians (EIN 23-2368197) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.