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Princeton Healthcare System a New Jersey Nonprofit Corporation

Plainsboro, NJ · EIN 21-0635009 · 501(c)(3) · Hospital or medical research organization
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Princeton Healthcare System a New Jersey Nonprofit Corporation reported $638.3 million in revenue and $640.0 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $91.80 went to program services, $8.20 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 98.1% of the total. The highest compensation it reported for one person was $3,329,164 (CEO - UPHS). 425 people received more than $100,000 in reportable compensation. Revenue rose 38% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $640M

For context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $638M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,634 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
91.8%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
8.2%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.4%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.1%
Program service revenue share
Part VIII 2g ÷ 12
98.1%93.7%
Highest reported compensation
Part VII-A, columns D–F
$3,329,164$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.52%1.34%
People paid over $100,000
Part VII, line 2
42527
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
9.26.6
Independent voting board members
Part VI 1a–1b
13 of 1688.9%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$488M expenses · 83.1% of program spending · revenue $517M

Princeton medical center provides comprehensive patient care and support services relating to patient care. It is an acute care facility with 319 beds comprised of 288 acute care, 17 physical rehabiliation and 14 special care nursery bassinets. In 2025, patient days totaled 72,039 and outpatient visits/encounters totaled 159,977. Please

$85M expenses · 14.5% of program spending · revenue $93M

Princeton house behavioral health provides comprehensive psychiatric and substance abuse recovery programs. Its 116 beds produced 31,880 patient days in fy2025. Outpatient visits and treatments across multiple sites amounted to 83,914. Please

$14M expenses · 2.4% of program spending · revenue $16M

Princeton homecare services is a home care and visiting nurse, and hospice service. In fy2025, there were 62,566 occasions of service and 14,303 hospice visits recorded. This growing service is vital in the capacity to provide care at the patient's home rather than requiring a stay in the hospital. Princeton homecare services also operates a hospice. Please

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CEO - UPHS
Director/trustee, officer, 1.0 hrs/week
$0$2,954,787$374,377$3,329,164
TRUSTEE
Director/trustee, 1.0 hrs/week
$0$1,133,945$52,528$1,186,473
PRESIDENT & CEO
Director/trustee, officer, 47.0 hrs/week
$855,051$0$97,875$952,926
SENIOR VP MEDICAL AFFAIRS
Key employee, 55.0 hrs/week
$512,462$0$15,644$528,106
SVP & CFO - ASST. TREAS.
Officer, 49.0 hrs/week
$489,159$0$31,044$520,203
VP BUS SVC LINE DEV-UNTIL 3/25
Key employee, 55.0 hrs/week
$442,263$0$50,045$492,308
VP PHYSICIAN ALIGNMENT
Key employee, 55.0 hrs/week
$443,583$0$15,421$459,004
FORMER CHRO & VP HUMAN RESOUR.
Former, 0.0 hrs/week
$0$433,984$9,591$443,575

425 people received more than $100,000 in reportable compensation from Princeton Healthcare System a New Jersey Nonprofit Corporation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $7.5M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$200M$400M$600M$800MFY2020FY2021FY2022FY2023FY2024FY2025$638M$640M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$638M$640M91.8%$492M$3,329,164
FY2024 ⓘ$612M$622M91.9%$471M$2,797,907
FY2023 ⓘ$575M$565M92.2%$465M$3,396,943
FY2022 ⓘ$538M$519M92.0%$444M$2,965,606
FY2021 ⓘ$486M$477M91.7%$444M$2,440,021
FY2020 ⓘ$461M$455M91.6%$371M$1,978,733

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b16 · 13 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 53,328
  • Volunteers Part I, line 6548

Correct a figure or respond

Every number above is copied from Princeton Healthcare System a New Jersey Nonprofit Corporation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Princeton Healthcare System a New Jersey Nonprofit Corporation, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All health care charities · Largest charities in New Jersey

Questions people ask

How much of Princeton Healthcare System a New Jersey Nonprofit Corporation's spending goes to programs?

In the fiscal year ending June 30, 2025, Princeton Healthcare System a New Jersey Nonprofit Corporation reported that 91.8% of its $640.0 million in expenses went to program services, 8.2% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Princeton Healthcare System a New Jersey Nonprofit Corporation pay its top executive?

The largest total compensation Princeton Healthcare System a New Jersey Nonprofit Corporation reported for one person in the fiscal year ending June 30, 2025 was $3,329,164, for the role of CEO - UPHS (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Princeton Healthcare System a New Jersey Nonprofit Corporation get its money?

Of $638.3 million in revenue in the fiscal year ending June 30, 2025, 0.4% came from contributions and grants and 98.1% from program service revenue (Form 990, Part VIII).

Is Princeton Healthcare System a New Jersey Nonprofit Corporation a registered charity?

The IRS lists EIN 21-0635009 as a 501(c)(3) organization (hospital or medical research organization), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202611349349310536 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202501359349309535 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202431359349307268 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202321329349301922 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202211339349302636 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202121339349302837 · read the filing

All filings for EIN 21-0635009: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.