ABINGTON MEMORIAL HOSPITAL
1101 MARKET ST 29TH FL, PHILADELPHIA, PA · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $899,279,834 | $1,028,676,924 | -$24,596,548 |
| FY2024 | $877,861,678 | $920,186,359 | $119,043,796 |
| FY2023 | $912,000,483 | $986,829,689 | $107,291,508 |
| FY2022 | $854,727,773 | $920,160,395 | $115,891,089 |
| FY2021 | $858,404,541 | $916,519,033 | $124,113,911 |
| FY2020 | $866,047,638 | $914,359,404 | -$2,699,440 |
| FY2019 | $866,420,167 | $858,567,144 | $192,921,716 |
| FY2018 | $840,191,539 | $814,732,143 | $222,488,987 |
| FY2017 | $811,935,778 | $779,261,881 | $126,355,023 |
| FY2016 | $770,619,642 | $735,279,244 | $45,577,653 |
| FY2015 | $718,978,008 | $690,500,058 | $158,144,019 |
| FY2014 | $697,338,185 | $696,673,192 | $143,598,961 |
| FY2013 | $708,544,757 | $687,688,751 | $177,057,493 |
| FY2012 | $705,447,194 | $695,759,303 | $124,020,386 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $1,910,130 | 0% |
| Program service revenue | $879,951,404 | 100% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $889,159,908 | 86% |
| Management & general | $137,654,324 | 13% |
| Fundraising | $1,862,692 | 0% |
What the numbers show
- Program service revenue made up 100% of total revenue in FY2025.
- Program services accounted for 86% of functional expenses, management & general 13%, and fundraising 0%.
- 86% of functional expenses went to program services in FY2025. That is higher than 47.8% of 278 Health Care organizations in PA.
- Net assets covered about -0.3 months of expenses at the end of the reporting year. That puts it in the 9th percentile among 1094 Health Care organizations in PA.
- Total revenue was higher than 98.8% of 1128 Health Care organizations in PA.
- Total revenue rose from $705,447,194 in FY2012 to $899,279,834 in FY2025, Revenue increased in 8 and decreased in 5 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 6 of 14 reported years (FY2020, FY2021, FY2022, FY2023, FY2024, FY2025).
- The highest revenue on record here is $912,000,483 in FY2023.
- Net assets declined from $124,020,386 to -$24,596,548 between FY2012 and FY2025.
- Donations are generally tax-deductible (public charity).
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 MISSION OF ABINGTON MEMORIAL HOSPITAL D/B/A ABINGTON HOSPITAL - JEFFERSON HEALTH IS TO IMPROVE LIVES.
IRS status
| Ruling year | 1935 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | E220 — Health Care (in PA) |
| Donations | Donations are generally tax-deductible (public charity). |
Similar organizations
- WELLSPAN HEALTH — YORK, PA · $920,651,702
- PENNSYLVANIA HOSPITAL OF THE UNIV OF PENNSYLVANIA HEALTH SYSTEM — PHILADELPHIA, PA · $930,519,232
- PENN STATE HEALTH — HERSHEY, PA · $856,562,700
- GEISINGER SYSTEM SERVICES — DANVILLE, PA · $836,870,045
- GEISINGER WYOMING VALLEY MEDICAL CENTER — DANVILLE, PA · $1,043,877,364
- LEHIGH VALLEY PHYSICIAN GROUP — ALLENTOWN, PA · $1,144,530,356
- WELLSPAN MEDICAL GROUP — YORK, PA · $1,153,356,451
- ROBERT PACKER HOSPITAL — SAYRE, PA · $634,375,036
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.
Think something here is wrong or should be removed? Use the contact form — we act on removal requests within 30 days.