Health Care
(E220)
IRS Verified
DX Registered
990 on File
ABINGTON MEMORIAL HOSPITAL
Financial strength (30%)
75/100
Reliability (20%)
55/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
Fundraise to provide scholarships and continuing education to the nurses at Abington Hospital to ensure continued quality of community healthcare.
Financial Overview — FY 2023
$912.0M
Total Revenue
$986.8M
Total Expenses
$107.3M
Net Assets
6968
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
85.1%
Fundraising Efficiency
N/A
Operating Reserve
1.30x
Liability-to-Asset
85.7%
Revenue Diversification
98.0%
Executive Compensation
$1.9M
Compared with Peers
FY 2023
Compared with 1,810 similar organizations
(United States, Health Care, $100M and over in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
85.1% | 87.3% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
14.7% | 12.7% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.3% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
1.3 mo | 6.0 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
85.7% | 46.1% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
98.0% | 96.8% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
6.7% | 6.3% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
7.2% | 6.6% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-8.2% | 1.3% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $912.0M | $986.8M | $107.3M | 85.1% | 6968 |
| 2022 | $854.7M | $920.2M | $115.9M | 85.4% | 7085 |
| 2021 | $858.4M | $916.5M | N/A | — | 6959 |
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