Presbyterian Medical Center Of The University Of Pennsylvania Health

Organization Overview

Presbyterian Medical Center Of The University Of Pennsylvania Health is located in Philadelphia, PA. The organization was established in 1995. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 06/2021, Presbyterian Medical Center Of The University Of Pennsylvania Health employed 3,903 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Presbyterian Medical Center Of The University Of Pennsylvania Health is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, Presbyterian Medical Center Of The University Of Pennsylvania Health generated $1.0b in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $956.7m during the year ending 06/2021. While expenses have increased by 7.9% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROVISION OF CHARITABLE HEALTHCARE SERVICES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEE SCHEDULE O


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Hsc Builders Construction Mgrs
Construction
$17,016,951
Wexford Ucsc 3737 Llc
Property Lease
$10,381,871
Dva Healthcare Of Pa Inc
Medical Services
$1,748,040
Allied Universal Company
Outsourced Staff
$2,662,564
Axis Construction Management
Construction
$8,423,770
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$13,876
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$8,410,244
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$8,424,120
Total Program Service Revenue$964,527,270
Investment income $687,335
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $6,966,675
Net Gain/Loss on Asset Sales $1,833,399
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,007,924,819

Grants Recieved

Over the last fiscal year, we have identified 5 grants that Presbyterian Medical Center Of The University Of Pennsylvania Health has recieved totaling $1,201,792.

Awarding OrganizationAmount
Foundation Fighting Blindness Inc

Columbia, MD

PURPOSE: RESEARCH

$993,565
Parkinson Council

Philadelphia, PA

PURPOSE: COMPREHENSIVE CARE AND OUTREACH

$80,000
Philadelphia Foundation

Philadelphia, PA

PURPOSE: GENERAL OPERATING SUPPORT

$67,327
Schwab Charitable Fund

San Francisco, CA

PURPOSE: HEALTH

$50,900
American Heart Association Inc

Dallas, TX

PURPOSE: AORTIC STENOSIS INITIATIVE

$10,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$135,791,491
Earnings$52,717,110
Net Contributions$918,371
Other Expense$7,344,890
Ending Balance$182,082,082

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