Methodist Associates In Healthcare Inc
94% goes to programs Thin reserves Growing revenue
Methodist Associates In Healthcare Inc is a 501(c)(3) organization based in Philadelphia, Pennsylvania, registered in 1993, with $119,539,825 in FY2023 revenue. CharityIndex grades it D, and it directs about 94% of spending to programs.
2301 S Broad St, Philadelphia, PA, 19148 EIN 23-2678055 Since 1993
Revenue (FY2023)
$119.5M
▲ 21.6% vs prior year
Health median: $840K
Expenses (FY2023)
$149.2M
Net assets
-$279.9M
Employees
324
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 rating94% 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 Methodist Associates In Healthcare Inc: 94% to programs earns a F on this criterion. See the exact thresholds →
FFinancial health25% of the rating0 mo reserves · -25% 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 Methodist Associates In Healthcare Inc: 0 mo reserves · -25% 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 Methodist Associates In Healthcare Inc: 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 Methodist Associates In Healthcare Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
To promote, sponsor and render medical care and other healthcare services.
Contact & location
- Address
- 2301 S Broad St, Philadelphia, PA, 19148
- City
- Philadelphia
- State
- Pennsylvania
- Category
- Health Care
- Subcategory
- Clinics & Primary Care
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $7.5M (FY2013) to $119.5M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $298.7MNet assets -$279.9M
Operating margin
-24.8%
Spent more than it raised in the latest fiscal year.
Total assets
$18.8M
Total liabilities
$298.7M
Net assets
-$279.9M
Salaries & benefits
$91.6M
61% of expenses
Board members
4
0 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $119,539,825▲21.6% | $149,205,057▲15.7% | -$279,876,818▼11.9% | $18,799,786▲20.7% | 990 |
| 2022 | $98,340,044▲22.0% | $128,969,442▲21.8% | -$250,212,391▼13.9% | $15,579,420▲23.2% | 990 |
| 2021 | $80,632,109▼2.1% | $105,848,708▲0.8% | -$219,582,993▼13.0% | $12,640,957▲7.6% | 990 |
| 2020 | $82,379,457▲5.4% | $104,975,084▼0.7% | -$194,366,394▼13.2% | $11,743,117▼20.2% | 990 |
| 2019 | $78,122,223▼3.1% | $105,736,561▲8.6% | -$171,770,767▼20.5% | $14,717,852▲1.1% | 990 |
| 2018 | $80,583,186▲77.5% | $97,369,296▲58.2% | -$142,493,429▼13.4% | $14,562,823 | 990 |
| 2017 | $45,400,975▲186% | $61,555,130▲111% | -$125,707,319▼14.7% | $14,556,253▲119% | 990 |
| 2016 | $15,871,200▲89.7% | $29,137,385▲61.5% | -$109,553,164▼13.8% | $6,661,503▲29.4% | 990 |
| 2015 | $8,367,446▲11.3% | $18,042,594▲21.7% | -$96,286,979▼11.2% | $5,147,749▲373% | 990 |
| 2014 | $7,516,327▲0.4% | $14,829,373▲1.5% | -$86,611,831▼9.2% | $1,087,476▼2.8% | 990 |
| 2013 | $7,485,257 | $14,604,150▲5.1% | -$79,298,785▼9.9% | $1,119,346▲21.5% | 990 |
| 2012 | — | $13,890,475▼1.4% | -$72,179,892▼10.3% | $921,641▼37.5% | 990 |
| 2011 | — | $14,094,507▼0.1% | -$65,465,275▼11.6% | $1,474,065▼29.0% | 990 |
| 2010 | — | $14,109,706▲2.1% | -$58,639,787▼11.8% | $2,077,412▲8.0% | 990 |
| 2009 | — | $13,825,026 | -$52,466,532 | $1,924,403 | 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: Gaurav Jain Md — $1,866,703 (1.25% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Gaurav Jain Md | Neurosurgeon | 55 | $1,866,703 |
| Salil Shah Md | Cardiothoracic Surgeon | 55 | $1,558,206 |
| Hekmat Zarzour Md | Neurosurgeon | 55 | $1,488,241 |
| Robert Elliott Md | Neurosurgeon | 55 | $1,354,566 |
| Ravichandra Madineni Md | Neurosurgeon | 55 | $1,161,411 |
| Andrew Nathans | Treasurer - Director | 55 | — |
| Cristina G Cavalieri Esq | Secretary | 60 | — |
| Dixieanne P James | Director; Ex-officio | 55 | — |
| Edmund Pribitkin Md Mba | President - Director | 55 | — |
| Patrick Cockey | Director | 55 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Thomas Jefferson University | Corporate Svcs | $9,109,960 |
Similar organizations in Health
Health
Philadelphia Post-acute Partnersllc
Allentown, PA
$119.2M
Aannual revenue
Health
Carbon Schiylkill Community Hospital Inc
Allentown, PA
$120.2M
B+annual revenue
Health
Wayne Memorial Hospital
Honesdale, PA
$116.3M
Aannual revenue
Health
Wellspan Surgery and Rehabilitation Hospital
York, PA
$126.0M
C+annual revenue
Health
Monongahela Valley Hospital Inc
Monongahela, PA
$127.6M
Aannual revenue
Health
Mount Nittany Medical Center Health Services Inc
State College, PA
$129.9M
B+annual revenue
Waynesboro Hospital
York, PA
$109.1M
Aannual revenue
- Health
Northwest Behavioral Health Partnership Inc
New Castle, PA
$107.7M
B+annual revenue
Health
Mercy Life Center Corporation
Pittsburgh, PA
$107.5M
Aannual revenue
Health
Upmc
Pittsburgh, PA
$131.6M
Bannual revenue
Compare Methodist Associates In Healthcare Inc
Frequently asked questions
- Is Methodist Associates In Healthcare Inc a legitimate nonprofit?
- Yes. Methodist Associates In Healthcare Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 23-2678055, based in Philadelphia, Pennsylvania. Donations are tax-deductible.
- What is Methodist Associates In Healthcare Inc's EIN?
- Methodist Associates In Healthcare Inc's Employer Identification Number (EIN) is 23-2678055.
- How much revenue does Methodist Associates In Healthcare Inc report?
- Methodist Associates In Healthcare Inc reported $119,539,825 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Methodist Associates In Healthcare Inc's spending goes to programs?
- Methodist Associates In Healthcare Inc spends about 94% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Methodist Associates In Healthcare Inc have?
- CharityIndex grades Methodist Associates In Healthcare Inc D, based on program efficiency and fundraising cost.
- How much does Methodist Associates In Healthcare Inc's highest-paid employee make?
- The highest reported compensation on Methodist Associates In Healthcare Inc's latest Form 990 is $1,866,703, paid to Gaurav Jain Md (Neurosurgeon).
More nonprofits in Philadelphia
Explore more
Data for Methodist Associates In Healthcare Inc (EIN 23-2678055) 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.