SAINT PETERS UNIVERSITY HOSPITAL
254 EASTON AVE, NEW BRUNSWICK, NJ · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $650,125,285 | $609,402,884 | $370,887,000 |
| FY2023 | $584,565,841 | $565,533,375 | $299,998,000 |
| FY2022 | $582,115,621 | $532,926,906 | $239,632,000 |
| FY2021 | $579,936,246 | $509,478,261 | $163,031,000 |
| FY2020 | $493,767,895 | $475,055,076 | $55,978,000 |
| FY2019 | $487,186,110 | $467,013,413 | $50,147,000 |
| FY2018 | $474,091,228 | $458,461,883 | $40,836,000 |
| FY2017 | $456,797,946 | $462,866,375 | $22,003,000 |
| FY2016 | $462,515,298 | $452,149,588 | $31,634,000 |
| FY2015 | $416,915,013 | $416,111,036 | $24,402,850 |
| FY2014 | $409,998,053 | $401,636,972 | $21,766,118 |
| FY2013 | $403,103,034 | $405,817,181 | $69,744,344 |
| FY2012 | $396,564,736 | $401,814,064 | $31,022,811 |
| FY2011 | $413,799,254 | $419,935,319 | $32,227,917 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $18,868,374 | 3% |
| Program service revenue | $604,714,212 | 97% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $481,515,119 | 79% |
| Management & general | $127,887,765 | 21% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 97% of total revenue in FY2024.
- Program services accounted for 79% of functional expenses, management & general 21%, and fundraising 0%.
- 79% of functional expenses went to program services in FY2024. That is higher than 21.6% of 88 Health Care organizations in NJ.
- Net assets covered about 7.3 months of expenses at the end of the reporting year. That puts it in the 36th percentile among 551 Health Care organizations in NJ.
- Total revenue was higher than 97.8% of 582 Health Care organizations in NJ.
- Total revenue rose from $413,799,254 in FY2011 to $650,125,285 in FY2024, Revenue increased in 11 and decreased in 2 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 4 of 14 reported years (FY2011, FY2012, FY2013, FY2017).
- Net assets grew from $32,227,917 to $370,887,000 between FY2011 and FY2024.
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
THE ORGANIZATION IS COMMITTED TO HUMBLE SERVICE TO HUMANITY, ESPECIALLY THE POOR, THROUGH COMPETENCE AND GOOD STEWARDSHIP OF RESOURCES.
IRS status
| Ruling year | 1946 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | E220 — Health Care (in NJ) |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded September 20, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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