Jefferson University Physicians
93% goes to programs $503 to raise $100 Thin reserves
Jefferson University Physicians is a 501(c)(3) organization based in Philadelphia, Pennsylvania, registered in 1995, with $505,723,960 in FY2023 revenue. CharityIndex grades it D, and it directs about 93% of spending to programs.
1101 Market Street Suite 2004, Philadelphia, PA, 19107 EIN 23-2809585 Since 1995
Revenue (FY2023)
$505.7M
▲ 4.0% vs prior year
Education median: $200K
Expenses (FY2023)
$629.0M
Net assets
-$350.5M
Employees
2,751
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
FProgram efficiency40% of the rating93% to programs · $503 to raise $100
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 Jefferson University Physicians: 93% to programs · $503 to raise $100 earns a F on this criterion. See the exact thresholds →
FFinancial health25% of the rating0 mo reserves · -24% 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 Jefferson University Physicians: 0 mo reserves · -24% margin earns a F on this criterion. See the exact thresholds →
BGovernance25% of the rating4 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 Jefferson University Physicians: 4 of 6 checks met earns a B 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 Jefferson University Physicians: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To provide physician services and to support the medical, educational and research mission of thomas jefferson university and jefferson health.
Contact & location
- Address
- 1101 Market Street Suite 2004, Philadelphia, PA, 19107
- City
- Philadelphia
- State
- Pennsylvania
- Category
- Education
- Subcategory
- Support Foundations & Fundraising
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $410.4M (FY2013) to $505.7M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $542.7MNet assets -$350.5M
Operating margin
-24.4%
Spent more than it raised in the latest fiscal year.
Total assets
$192.2M
Total liabilities
$542.7M
Net assets
-$350.5M
Salaries & benefits
$485.1M
77% of expenses
Board members
3
1 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $505,723,960▲4.0% | $628,955,180▲11.6% | -$350,503,969▼53.6% | $192,241,751▼3.1% | 990 |
| 2022 | $486,472,780▲1.3% | $563,662,149▲4.8% | -$228,178,622▼50.6% | $198,357,275▼1.3% | 990 |
| 2021 | $480,062,972▲0.7% | $537,754,855▲6.5% | -$151,538,640▼68.5% | $200,938,334▲7.1% | 990 |
| 2020 | $476,809,687▲3.3% | $504,823,945▼1.8% | -$89,913,699▼32.1% | $187,548,071▲21.6% | 990 |
| 2019 | $461,491,709▲0.9% | $514,260,406▲6.8% | -$68,051,552▼297% | $154,234,555▼23.4% | 990 |
| 2018 | $457,196,451▼2.3% | $481,302,168▲3.6% | -$17,136,086▼591% | $201,259,593▼16.3% | 990 |
| 2017 | $467,923,262▲12.0% | $464,560,692▲7.9% | $3,493,559▲1937% | $240,510,490▲7.3% | 990 |
| 2016 | $417,938,006▼1.1% | $430,590,433▲2.3% | $171,531▼98.6% | $224,116,215▲6.9% | 990 |
| 2015 | $422,540,906▲5.3% | $420,866,178▲5.4% | $12,061,542▼70.5% | $209,667,740▼12.6% | 990 |
| 2014 | $401,237,469▼2.2% | $399,443,098▲0.9% | $40,841,885▲4.5% | $239,883,749▲0.2% | 990 |
| 2013 | $410,390,129 | $396,030,394▼0.4% | $39,088,553▲58.1% | $239,505,101▲12.0% | 990 |
| 2012 | — | $397,664,152▲5.4% | $24,728,818▼12.6% | $213,811,811▼7.6% | 990 |
| 2011 | — | $377,346,076▲11.1% | $28,287,556▼16.8% | $231,378,466▲81.5% | 990 |
| 2010 | — | $339,766,480▲16.3% | $33,983,634▼6.9% | $127,485,493▲14.3% | 990 |
| 2009 | — | $292,041,204 | $36,514,116 | $111,561,272 | 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: Srinivas Prasad Md Ms — $2,577,187 (0.41% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Srinivas Prasad Md Ms | Physician & Tju Professor | 55 | $2,577,187 |
| Jack Jallo Md Phd | Physician & Tju Professor | 55 | $2,245,015 |
| Joshua Heller Md | Physician & Tju Professor | 55 | $2,120,184 |
| Michael Reid Gooch Md | Physician & Tju Professor | 55 | $2,008,484 |
| Robert H Rosenwasser Md | Physician & Tju Professor | 55 | $281,823 |
| Baligh R Yehia Md | Director | 5 | — |
| Cristina G Cavalieri Esq | Secretary | 60 | — |
| Edmund Pribitkin Md Mba | President | 55 | — |
| John P Mordach | Treasurer | 60 | — |
| Joseph G Cacchionemdfacc | Chair - Director | 55 | — |
| Lisa A Lori Esq | Director | 5 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Thomas Jefferson University | Corporate Services | $42,035,446 |
| Heart Center of Philadelphia PC | Medical | $962,832 |
| Locum Tenens | Staffing | $940,086 |
| South Philly East Health and Wellne | Medical | $716,619 |
| Ivory Tower Group | Consulting | $541,441 |
Grants received · $315K total
5 grants to Jefferson University Physicians totaling $315K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Amyotrophic Lateral Sclerosis Assn | Certified treatment center of excellence grant | 2019 | $25,000 |
| Amyotrophic Lateral Sclerosis Assn | Certified treatment center of excellence grant | 2018 | $25,000 |
| Patient Access Network Foundation | Patient assistance | 2015 | $11,343 |
| Michael J Fox Foundation For Parkinsons Research | Parkinson's research | 2014 | $230,093 |
| Patient Access Network Foundation | Patient assistance | 2014 | $23,660 |
Grants made · $125K in FY2019
1 grant totaling $125K in FY2019. All grants made by Jefferson University Physicians →
| Recipient | Purpose | Amount |
|---|---|---|
| Thomas Jefferson University | Program support | $124,846 |
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Frequently asked questions
- Is Jefferson University Physicians a legitimate nonprofit?
- Yes. Jefferson University Physicians is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 23-2809585, based in Philadelphia, Pennsylvania. Donations are tax-deductible.
- What is Jefferson University Physicians's EIN?
- Jefferson University Physicians's Employer Identification Number (EIN) is 23-2809585.
- How much revenue does Jefferson University Physicians report?
- Jefferson University Physicians reported $505,723,960 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Jefferson University Physicians's spending goes to programs?
- Jefferson University Physicians spends about 93% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Jefferson University Physicians have?
- CharityIndex grades Jefferson University Physicians D, based on program efficiency and fundraising cost.
- How much does Jefferson University Physicians's highest-paid employee make?
- The highest reported compensation on Jefferson University Physicians's latest Form 990 is $2,577,187, paid to Srinivas Prasad Md Ms (Physician & Tju Professor).
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Data for Jefferson University Physicians (EIN 23-2809585) 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.