Main Line Hospitals Inc
64% goes to programs $0 to raise $100 Strong reserves Growing revenue
Main Line Hospitals Inc is a 501(c)(3) organization based in Radnor, Pennsylvania, registered in 1934, with $1,746,848,267 in FY2023 revenue. CharityIndex grades it B+, and it directs about 64% of spending to programs.
240 N Radnor Chester Rd Ste170, Radnor, PA, 19087 EIN 23-1352160 Since 1934
Revenue (FY2023)
$1.7B
▲ 8.3% vs prior year
Health median: $840K
Expenses (FY2023)
$1.7B
Net assets
$2.1B
Employees
9,165
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
C+Program efficiency40% of the rating64% to programs · $0 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 Main Line Hospitals Inc: 64% to programs · $0 to raise $100 earns a C+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating15 mo reserves · +2% 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 Main Line Hospitals Inc: 15 mo reserves · +2% margin earns a A 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 Main Line Hospitals Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 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 Main Line Hospitals Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Provide a comprehensive range of health services, complemented by educational & research activities that meet the needs and improve the quality of life in the communities we serve.
What they do
Outpatient acute healthcare services main line hospitals, inc. offers a full array of outpatient services both within the campus of our four member hospitals (bryn mawr hospital, the lankenau hospital, paoli hospital, and bryn mawr rehabilitation hospital), as well as in five separate ambulatory centers located in the communities we serve. outpatient services offered include imaging services, clinical laboratories, physical, occupational and speech therapy services, sleep disorder centers, adult day services, cardiology services and a cardiac rehabilitation program, cancer center, and multiple physicians in the areas of primary care, ob/gyn, pediatric, internal and family medicine and other specialists. for the fiscal period presented, main line hospitals, inc. attended to 926,104 outpatient visits, performed 19,494 outpatient surgeries, and provided emergent care with 164,860 visits to our hospital based 24 hours/day, 7 days/week emergency rooms.
Contact & location
- Address
- 240 N Radnor Chester Rd Ste170, Radnor, PA, 19087
- City
- Radnor
- State
- Pennsylvania
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $1.1B (FY2013) to $1.7B (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $916.9MNet assets $2.1B
Operating margin
2.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.1B
Total liabilities
$916.9M
Net assets
$2.1B
Salaries & benefits
$646.2M
38% of expenses
Board members
22
18 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $1,746,848,267▲8.3% | $1,707,356,023▲2.0% | $2,149,841,511▲1.8% | $3,066,740,378▲2.1% | 990 |
| 2022 | $1,612,423,596▲10.1% | $1,673,232,141▲6.0% | $2,111,333,534▼6.0% | $3,004,888,193▼6.6% | 990 |
| 2021 | $1,464,520,146▼3.1% | $1,577,903,220▲13.1% | $2,245,466,450▼3.7% | $3,217,965,839▼7.9% | 990 |
| 2020 | $1,511,439,236▲14.6% | $1,395,653,568▲4.9% | $2,331,601,763▲12.5% | $3,495,864,750▲10.6% | 990 |
| 2019 | $1,318,786,272▲1.9% | $1,330,266,517▲7.4% | $2,073,281,358▼3.1% | $3,161,038,295▲9.0% | 990 |
| 2018 | $1,294,755,796▼0.2% | $1,238,878,726▲3.4% | $2,139,503,468▲1.3% | $2,900,694,241▲3.6% | 990 |
| 2017 | $1,296,849,223▲2.9% | $1,198,721,126▼0.7% | $2,111,693,010▲8.9% | $2,800,104,349▲3.1% | 990 |
| 2016 | $1,259,894,951▲2.0% | $1,207,467,532▲7.8% | $1,939,864,687▲6.0% | $2,715,996,778▲5.3% | 990 |
| 2015 | $1,234,963,781▲3.6% | $1,120,183,736▲7.3% | $1,830,489,949▼2.8% | $2,579,863,411▲6.5% | 990 |
| 2014 | $1,192,486,465▲4.3% | $1,044,026,228▲6.9% | $1,883,199,143▲5.8% | $2,421,558,779▲5.2% | 990 |
| 2013 | $1,143,366,109 | $976,606,190▲5.8% | $1,779,135,387▲13.5% | $2,302,251,219▲11.1% | 990 |
| 2012 | — | $922,943,960▼2.9% | $1,567,680,500▲18.5% | $2,072,030,647▲10.0% | 990 |
| 2011 | — | $950,689,728▲2.9% | $1,323,437,596▲2.7% | $1,883,208,935▲10.5% | 990 |
| 2010 | — | $923,890,997▲7.0% | $1,288,995,173▲35.5% | $1,703,599,981▲26.6% | 990 |
| 2009 | — | $863,751,053 | $951,284,039 | $1,345,193,910 | 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: James Paradis — $851,919 (0.05% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| James Paradis | President, Paoli Hospital | 39 | $851,919 |
| Kathleen Galbraith | President, Lankenau Hospital | 38 | $825,000 |
| John Schwarz | President, Bryn Mawr Hospital | 37 | $722,737 |
| James Gengaro | Vp, Medical Affairs | 39 | $421,488 |
| Deborah Gondek | Vp, Medical Affairs | 40 | $416,821 |
| William Surkis | Vp, Medical Affairs | 40 | $387,276 |
| Yonathan Kebede | Vp, Operations | 40 | $377,317 |
| Rosadele Plumari | Vp, Administration | 39 | $321,226 |
| Donna Phillips | President, Rehab & Ambul Svcs | 1 | $56,301 |
| Alexandre Costabile | Trustee | 1 | — |
| Andrea Anania | Trustee | 1 | — |
| Barbara Gasper | Trustee | 1 | — |
| Bradford Koles | Trustee | 1 | — |
| Brian T Corbett Esq | Svp, Gen Counsel & Secretary | 1 | — |
| Cheryl Koch Md | Trustee | 1 | — |
| Chris Bruner | Trustee | 1 | — |
| Dalila Wilson-scott | Trustee | 1 | — |
| Darrell Giles | Trustee | 1 | — |
| Deebeanne Tavani | Trustee | 1 | — |
| Donna Havens | Trustee | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| United Anesthesia Service PC | Physician Services | $33,310,205 |
| Radiology Assoc of Main Line PC | Physician Services | $11,844,417 |
| Main Line Emergency Medicine Assoc | Physician Services | $3,331,737 |
| Regional Women's Health Group LLC | Physician Services | $2,220,743 |
| Kemberton Healthcare Services LLC | Professional Svcs | $1,466,309 |
Grants received · $161.3M total
31 grants to Main Line Hospitals Inc totaling $161.3M, reported by foundations on their Schedule I filings — showing the 15 most recent.
Grants made · $203K in FY2023
6 grants totaling $203K in FY2023. All grants made by Main Line Hospitals Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Montgomery Volunteer Fire Co | Annual donation | $60,750 |
| Eddystone Fire Company | Annual donation | $60,750 |
| Brookhaven Fire Company | Annual donation | $60,750 |
| Eldernet of Lower Merion and Narberth | — | $8,500 |
| Lower Merion Township | Annual donation | $6,117 |
| Broomall Fire Company | Annual donation | $6,075 |
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Frequently asked questions
- Is Main Line Hospitals Inc a legitimate nonprofit?
- Yes. Main Line Hospitals Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 23-1352160, based in Radnor, Pennsylvania. Donations are tax-deductible.
- What is Main Line Hospitals Inc's EIN?
- Main Line Hospitals Inc's Employer Identification Number (EIN) is 23-1352160.
- How much revenue does Main Line Hospitals Inc report?
- Main Line Hospitals Inc reported $1,746,848,267 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Main Line Hospitals Inc's spending goes to programs?
- Main Line Hospitals Inc spends about 64% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Main Line Hospitals Inc have?
- CharityIndex grades Main Line Hospitals Inc B+, based on program efficiency and fundraising cost.
- How much does Main Line Hospitals Inc's highest-paid employee make?
- The highest reported compensation on Main Line Hospitals Inc's latest Form 990 is $851,919, paid to James Paradis (President, Paoli Hospital).
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Data for Main Line Hospitals Inc (EIN 23-1352160) 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.