Penn State Health
82% goes to programs $0 to raise $100 Thin reserves Growing revenue
Penn State Health is a 501(c)(3) organization based in Hershey, Pennsylvania, registered in 2016, with $866,020,903 in FY2023 revenue. CharityIndex grades it C, and it directs about 82% of spending to programs.
100 Crystal A Drive Ca 522, Hershey, PA, 17033 EIN 47-3769205 Since 2016
Revenue (FY2023)
$866.0M
▲ 44.0% vs prior year
Health median: $840K
Expenses (FY2023)
$1.0B
Net assets
-$951.1M
Employees
5,359
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →C+Program efficiency40% of the rating82% 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 Penn State Health: 82% to programs · $0 to raise $100 earns a C+ on this criterion. See the exact thresholds →
FFinancial health25% of the rating0 mo reserves · -19% 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 Penn State Health: 0 mo reserves · -19% margin earns a F 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 Penn State Health: 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 Penn State Health: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To continually improve the health and well-being of the people of pennsylvania, and beyond.
Contact & location
- Address
- 100 Crystal A Drive Ca 522, Hershey, PA, 17033
- City
- Hershey
- State
- Pennsylvania
- Category
- Health Care
- Subcategory
- Support Foundations & Fundraising
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $4.7M (FY2016) to $866.0M (FY2023) across 8 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $2.6BNet assets -$951.1M
Operating margin
-19.4%
Spent more than it raised in the latest fiscal year.
Total assets
$1.6B
Total liabilities
$2.6B
Net assets
-$951.1M
Salaries & benefits
$593.5M
57% of expenses
Board members
15
11 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $866,020,903▲44.0% | $1,033,760,536▲17.3% | -$951,076,461▼14.3% | $1,637,318,794▲12.1% | 990 |
| 2022 | $601,230,428▲13.8% | $881,341,749▲23.1% | -$831,786,359▼61.9% | $1,460,460,820▼7.9% | 990 |
| 2021 | $528,411,422▼1.1% | $716,043,116▲17.0% | -$513,729,361▼179% | $1,585,838,588▼13.8% | 990 |
| 2020 | $534,372,914▲25.8% | $612,082,108▲16.1% | -$184,363,804▼48.6% | $1,838,675,424▼8.5% | 990 |
| 2019 | $424,892,556▲40.8% | $527,247,411▲23.1% | -$124,057,517▼331% | $2,010,298,637▲57.3% | 990 |
| 2018 | $301,760,919▲33.5% | $428,422,773▲76.1% | $53,655,172▼68.7% | $1,277,843,609▲206% | 990 |
| 2017 | $226,079,946▲4724% | $243,243,032▲1268% | $171,243,732▲1615% | $418,101,541▲144% | 990 |
| 2016 | $4,686,680 | $17,774,984 | -$11,305,241 | $171,488,148 | 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: Stephen Massini — $1,600,902 (0.15% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Stephen Massini | Director / Ceo | 48 | $1,600,902 |
| Roline Adolphine | Physician | 40 | $1,098,941 |
| Lance Wood Md | Physician | 40 | $1,023,663 |
| Deborah Addo | President / Coo | 43 | $989,928 |
| Daniel Lodge | Physician | 40 | $947,796 |
| Ian Wilhelm | Physician | 40 | $936,306 |
| Dennis Duryea | Physician | 40 | $927,763 |
| Paula Tinch | Evp & Cfo, Treasurer | 48 | $770,936 |
| Thomas Stoessel | Exec Vp & Chief Strategy Officer | 45 | $741,755 |
| Cletis Earle | Senior Vp & Cio | 40 | $582,929 |
| Judith Hlafcsak | Chief of Staff | 38 | $575,663 |
| Peter Dillon Md | Prn Physician Leader (thru 12/23) | 50 | $538,613 |
| Kimberly Lansford | Chief Compliance and Business Risk | 40 | $500,387 |
| Ross Darrow | Assoc. Treas / Vp Treas - Finance | 44 | $297,918 |
| Kathleen Miller | Assoc. Secretary (thru 5/24) | 33 | $101,559 |
| Ann Allwein | Interim Assoc. Sec. (as of 5/24) | 33 | $77,372 |
| Barry Robinson | Director | 1 | — |
| David Kleppinger | Director | 1 | — |
| Deborah Rice-johnson | Director | 1 | — |
| Dr Eric Barron | Fmr Director (psu Emp) (thru 5/22) | 0 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Ri Rcm Inc | It Services | $11,795,187 |
| Quantum Imaging & Therapeutic | Purchased Service | $5,571,443 |
| Infor Us Inc | It Services | $4,077,879 |
| Medsys Group LLC | It Services | $3,034,180 |
| Cerner Corporation | It Services | $2,793,663 |
Grants received · $404K total
14 grants to Penn State Health totaling $404K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Highmark Health | General support | 2024 | $20,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $14,952 |
| American Endowment Foundation | Educational | 2022 | $25,000 |
| Petsmart Charities Inc | Animal-assisted therapy | 2021 | $86,000 |
| Highmark Health | General support | 2021 | $40,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $32,050 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $32,050 |
| American Federation of State County & Municipal Employees | Scholarship | 2021 | $25,000 |
| American Gift Fund | Operations | 2020 | $10,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2020 | $8,700 |
| American Endowment Foundation | Programs | 2019 | $25,000 |
| Trustees of Columbia University | Research | 2018 | $37,269 |
| Trustees of Columbia University | Research | 2017 | $43,038 |
| Philadelphia Foundation | Fighting childhood cancer obo ben witter | 2016 | $5,000 |
Grants made · $72.4M in FY2023
21 grants totaling $72.4M in FY2023 — showing the 15 largest. All grants made by Penn State Health →
| Recipient | Purpose | Amount |
|---|---|---|
| The Pennsylvania State University - College of Medicine | Program support | $72,080,443 |
| Cocoa Packs Inc | Program support | $42,500 |
| Lancaster Chamber of Commerce and Industry | Program support | $25,025 |
| The Foundation For Enhancing Communities | Program support | $23,750 |
| Harrisburg Regional Chamber | Program support | $20,813 |
| Boy Scouts of America | Program support | $18,500 |
| Township of Derry | Program support | $15,000 |
| Ronald Mcdonald House Charities of Central PA | Program support | $12,500 |
| Make A Wish Foundation of Philadelphia Delware & Sus Valley | Program support | $12,500 |
| Caring Cupboard Inc | Program support | $10,000 |
| United Way of Lebanon County Inc | Program support | $10,000 |
| Hershey Volunteer Fire Co | Program support | $10,000 |
| Pennsylvania Chamber of Business & Industry | Program support | $10,000 |
| Vickies Angel Walk Inc | Program support | $10,000 |
| The M S Hershey Foundation | Program support | $9,908 |
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Compare Penn State Health
Frequently asked questions
- Is Penn State Health a legitimate nonprofit?
- Yes. Penn State Health is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 47-3769205, based in Hershey, Pennsylvania. Donations are tax-deductible.
- What is Penn State Health's EIN?
- Penn State Health's Employer Identification Number (EIN) is 47-3769205.
- How much revenue does Penn State Health report?
- Penn State Health reported $866,020,903 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Penn State Health's spending goes to programs?
- Penn State Health spends about 82% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Penn State Health have?
- CharityIndex grades Penn State Health C, based on program efficiency and fundraising cost.
- How much does Penn State Health's highest-paid employee make?
- The highest reported compensation on Penn State Health's latest Form 990 is $1,600,902, paid to Stephen Massini (Director / Ceo).
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Data for Penn State Health (EIN 47-3769205) 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.