Penn State Health
Penn State Health reported $856.6 million in revenue and $1.15 billion in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $80.97 went to program services, $19.03 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: 95.7% of the total. The highest compensation it reported for one person was $3,235,216 (DIRECTOR/CEO - PART YEAR). 1,229 people received more than $100,000 in reportable compensation. Revenue rose 102% 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 $1.15BFor 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 $857MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 81.0% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 19.0% | 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 | 0.1% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 95.7% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $3,235,216 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.28% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 1,229 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | -13.3 | 6.6 |
| Independent voting board members Part VI 1a–1b | 13 of 17 | 88.9% |
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 expenseTo promote, support, and further the pennsylvania state university; to promote health through the management and/or support of facilities and other assets that provide health care services; to integrate community-based and academic medical center health care in order to achieve improved outcomes and limit the costs of care via improved efficiencies; to support financially and operationally the pennsylvania state university college of medicine; to support the pennsylvania state university in the performance of its duties as successor trustee of the milton s. Hershey medical center pursuant to…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| DIRECTOR/CEO - PART YEAR Director/trustee, officer, 40.0 hrs/week | $2,575,103 | $0 | $660,113 | $3,235,216 |
| PRESIDENT Officer, 43.0 hrs/week | $1,549,663 | $0 | $155,443 | $1,705,106 |
| DIRECTOR (PSU PRESIDENT) Director/trustee, 1.0 hrs/week | $0 | $1,569,399 | $46,803 | $1,616,202 |
| CFO & EVP, TREASURER - PART YEAR Officer, 40.0 hrs/week | $1,391,377 | $0 | $46,993 | $1,438,370 |
| EXEC CP & CHIEF STRATEGY OFFICER Key employee, 47.0 hrs/week | $1,018,755 | $0 | $53,919 | $1,072,674 |
| CHIEF OF STAFF Key employee, 48.0 hrs/week | $930,204 | $0 | $36,657 | $966,861 |
| Senior VP and Chief HR Officer - HR Admin Highest compensated employee, 50.0 hrs/week | $865,997 | $0 | $30,977 | $896,974 |
| DIRECTOR/PRESIDENT Highest compensated employee, 45.0 hrs/week | $617,771 | $0 | $82,429 | $700,200 |
1,229 people received more than $100,000 in reportable compensation from Penn State Health (Part VII, line 2). Compensation of current officers, directors and key employees totaled $12M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance 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–1b17 · 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 2Yes
- 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 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 56,022
- Volunteers Part I, line 613
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| RI RCM INC It services | $16,135,061 |
| QUANTUM IMAGING & THERAPEUTIC Purchased service | $6,423,166 |
| LOCUMSMART It services | $5,077,521 |
| CERNER CORPORATION It services | $3,013,534 |
| DIVURGENT It services | $1,688,515 |
Individuals listed as contractors are left out. 119 contractors were paid more than $100,000 in all.
Private foundation grants it received
9 private foundations reported grants to Penn State Health totaling $62,126 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Penn State Health's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Penn State Health, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Penn State Health spent in FY2025, $80.97 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Anmed HealthAnderson, SC · revenue $855M · programs 91.2% · 2024
- Munson Medical CenterTraverse City, MI · revenue $862M · programs 85.0% · FY2025
- Overlake Medical Center & ClinicsBellevue, WA · revenue $852M · programs 85.2% · FY2025
- St Luke's Health System LtdBoise, ID · revenue $869M · programs 73.7% · FY2025
- St Francis HospitalGreenville, SC · revenue $851M · programs 94.5% · 2024
All health care charities · Largest charities in Pennsylvania
Questions people ask
How much of Penn State Health's spending goes to programs?
In the fiscal year ending June 30, 2025, Penn State Health reported that 81.0% of its $1.15 billion in expenses went to program services, 19.0% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Penn State Health pay its top executive?
The largest total compensation Penn State Health reported for one person in the fiscal year ending June 30, 2025 was $3,235,216, for the role of DIRECTOR/CEO - PART YEAR (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Penn State Health get its money?
Of $856.6 million in revenue in the fiscal year ending June 30, 2025, 0.1% came from contributions and grants and 95.7% from program service revenue (Form 990, Part VIII).
Is Penn State Health a registered charity?
The IRS lists EIN 47-3769205 as a 501(c)(3) organization (supporting organization, type i), 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 202631359349303193 · read the filing
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202501359349305925 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202441319349305259 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202321359349310072 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202201369349316700 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202121379349305517 · read the filing
All filings for EIN 47-3769205: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.