Presbyterian Medical Center of the University of Pennsylvania Health
92% goes to programs $5 to raise $100 Strong reserves Growing revenue
Presbyterian Medical Center of the University of Pennsylvania Health is a 501(c)(3) organization based in Philadelphia, Pennsylvania, registered in 1995, with $1,339,360,462 in FY2023 revenue. CharityIndex grades it A+, and it directs about 92% of spending to programs.
1500 Market St 10th Floor, Philadelphia, PA, 19102 EIN 23-2810852 Since 1995
Revenue (FY2023)
$1.3B
▲ 9.0% vs prior year
Health median: $840K
Expenses (FY2023)
$1.3B
Net assets
$748.8M
Employees
4,665
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A+
A+Program efficiency40% of the rating92% to programs · $5 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 Presbyterian Medical Center of the University of Pennsylvania Health: 92% to programs · $5 to raise $100 earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating7 mo reserves · +5% 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 Presbyterian Medical Center of the University of Pennsylvania Health: 7 mo reserves · +5% 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 Presbyterian Medical Center of the University of Pennsylvania 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 Presbyterian Medical Center of the University of Pennsylvania Health: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Provision of charitable healthcare services.
Contact & location
- Address
- 1500 Market St 10th Floor, Philadelphia, PA, 19102
- City
- Philadelphia
- State
- Pennsylvania
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $445.3M (FY2013) to $1.3B (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $219.6MNet assets $748.8M
Operating margin
5.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$968.4M
Total liabilities
$219.6M
Net assets
$748.8M
Salaries & benefits
$501.9M
39% of expenses
Board members
7
4 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $1,339,360,462▲9.0% | $1,272,141,882▲8.2% | $748,752,262▲8.8% | $968,381,000▲2.2% | 990 |
| 2022 | $1,228,381,390▲7.4% | $1,175,954,738▲7.3% | $688,469,822▲6.5% | $947,222,243▲1.7% | 990 |
| 2021 | $1,144,236,840▲13.5% | $1,095,515,650▲14.5% | $646,609,750▲8.7% | $931,405,283▲7.8% | 990 |
| 2020 | $1,007,924,819▲3.5% | $956,673,596▲5.5% | $595,122,056▲14.9% | $864,132,692▲6.3% | 990 |
| 2019 | $973,479,342▲10.6% | $906,629,443▲9.2% | $518,058,150▲17.7% | $812,689,177▲12.2% | 990 |
| 2018 | $880,172,032▲12.3% | $830,318,445▲11.7% | $440,186,299▲13.8% | $724,452,524▲3.2% | 990 |
| 2017 | $783,438,877▲13.5% | $743,253,057▲7.0% | $386,791,047▲14.3% | $701,694,375▲0.2% | 990 |
| 2016 | $690,075,776▲13.7% | $694,507,524▲14.5% | $338,357,900▲7.4% | $700,348,859▲6.9% | 990 |
| 2015 | $606,852,651▲19.6% | $606,615,884▲19.5% | $315,078,119▼1.4% | $655,068,159▲2.9% | 990 |
| 2014 | $507,261,125▲13.9% | $507,831,695▲19.7% | $319,531,800▲1.4% | $636,795,328▲31.8% | 990 |
| 2013 | $445,317,694 | $424,201,698▲0.4% | $315,102,866▲12.2% | $483,103,329▲22.6% | 990 |
| 2012 | — | $422,402,609▼4.9% | $280,801,980▲4.3% | $394,117,852▲10.8% | 990 |
| 2011 | — | $444,065,263▲6.4% | $269,183,995▲0.1% | $355,710,026▲4.1% | 990 |
| 2010 | — | $417,548,954▲2.9% | $268,991,063▲11.4% | $341,632,610▲8.5% | 990 |
| 2009 | — | $405,781,326 | $241,442,821 | $315,012,482 | 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 Ballinghoff Rnmsnmba — $572,396 (0.04% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| James Ballinghoff Rnmsnmba | Board Member; Cno | 55 | $572,396 |
| Robert J Russell Mpanhafache | Ceo As of 9/3/23; Ex-off. Mbr | 54 | $505,902 |
| S Siu Md | Physician Advisor | 55 | $334,579 |
| Kimberly A Deppert | Assoc. Exec Dir. Card Srvcs | 55 | $332,011 |
| Nishaminy Kasbekar | Chief Pharmacy Officer | 55 | $323,672 |
| Gene Gofman Mba | Asst. Controller/secretary | 54 | $315,537 |
| Vinal Patel | Medical Lab. Scientist II | 55 | $267,872 |
| George Iyoob | Clinical Director | 55 | $258,007 |
| Anthony Zumpano | Fmr Asst. Controller/secretary | 54 | $241,123 |
| Ann Conlin | Board Member | 1 | — |
| Benjamin C Sun Md Mpp | Board Member | 1 | — |
| Jack Ende Md | Board Member | 1 | — |
| Judge Renee Cardwell Hughes | Board Member; Chair | 1 | — |
| Keith Kasper | Controller;ex-officio Member | 1 | — |
| Kevin B Mahoney | Ex-officio Member | 1 | — |
| Michele M Volpe | Coo Uphs; Ex-officio Member | 1 | — |
| Rev Dr William J Shaw | Board Member | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Wexford Ucsc 3737 LLC | Property Lease Srvs | $20,312,550 |
| Hsc Builders Construction Mgrs | Construction Srvs | $5,756,699 |
| Allied Universal Company | Outsourced Staffing | $3,097,238 |
| Oncall Physician Staffing Inc | Outsourced Staffing | $1,754,490 |
| General Healthcare Resources | Outsourced Staffing | $1,132,837 |
Grants received · $12.6M total
83 grants to Presbyterian Medical Center of the University of Pennsylvania Health totaling $12.6M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Foundation Fighting Blindness Inc | Research | 2024 | $1,398,985 |
| Philadelphia Foundation | Gun violence reduction | 2024 | $153,374 |
| American Cancer Society Inc | Patient support | 2024 | $10,000 |
| American Cancer Society Inc | Patient support | 2024 | $10,000 |
| Foundation Fighting Blindness Inc | Research | 2023 | $1,093,565 |
| Philadelphia Foundation | General operating support | 2023 | $94,535 |
| Donor Advised Charitable Giving | Health | 2023 | $37,450 |
| American Heart Association Inc | Aortic stenosis initiative | 2023 | $15,000 |
| American Society of Health-system Pharmacists | The grant is provided to the employers of the ashp presidential officers, if requested, to offset support costs that the institution may incur during their election term. | 2023 | $15,000 |
| Urban Affairs Coalition | To teach life saving bleeding control skill and provide kits. | 2023 | $10,000 |
| Foundation Fighting Blindness Inc | Research | 2022 | $575,000 |
| Philadelphia Foundation | General operating support | 2022 | $71,288 |
| Donor Advised Charitable Giving | Health | 2022 | $38,500 |
| American Society of Health-system Pharmacists | See part iv for column (h) descriptionthe grant is provided to the employers of the ashp presidential officers, if requested, to offset support costs that the institution may incur during their election term. | 2022 | $15,000 |
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2022 | $15,000 |
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Frequently asked questions
- Is Presbyterian Medical Center of the University of Pennsylvania Health a legitimate nonprofit?
- Yes. Presbyterian Medical Center of the University of Pennsylvania Health is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 23-2810852, based in Philadelphia, Pennsylvania. Donations are tax-deductible.
- What is Presbyterian Medical Center of the University of Pennsylvania Health's EIN?
- Presbyterian Medical Center of the University of Pennsylvania Health's Employer Identification Number (EIN) is 23-2810852.
- How much revenue does Presbyterian Medical Center of the University of Pennsylvania Health report?
- Presbyterian Medical Center of the University of Pennsylvania Health reported $1,339,360,462 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Presbyterian Medical Center of the University of Pennsylvania Health's spending goes to programs?
- Presbyterian Medical Center of the University of Pennsylvania Health spends about 92% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Presbyterian Medical Center of the University of Pennsylvania Health have?
- CharityIndex grades Presbyterian Medical Center of the University of Pennsylvania Health A+, based on program efficiency and fundraising cost.
- How much does Presbyterian Medical Center of the University of Pennsylvania Health's highest-paid employee make?
- The highest reported compensation on Presbyterian Medical Center of the University of Pennsylvania Health's latest Form 990 is $572,396, paid to James Ballinghoff Rnmsnmba (Board Member; Cno).
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Data for Presbyterian Medical Center of the University of Pennsylvania Health (EIN 23-2810852) 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.