RIDDLE MEMORIAL HOSPITAL
240 N RADNOR CHESTER RD STE170, RADNOR, PA · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $341,274,095 | $318,141,134 | $314,893,056 |
| FY2024 | $286,856,267 | $297,204,108 | $288,158,948 |
| FY2023 | $248,712,889 | $265,509,038 | $247,490,615 |
| FY2022 | $233,729,377 | $250,220,673 | $148,204,541 |
| FY2021 | $230,832,261 | $220,551,480 | $70,849,137 |
| FY2020 | $194,363,433 | $210,878,616 | $36,912,178 |
| FY2019 | $202,316,244 | $197,493,090 | $47,228,262 |
| FY2018 | $198,041,178 | $191,816,667 | $53,009,577 |
| FY2017 | $195,274,262 | $194,180,650 | $21,749,709 |
| FY2016 | $190,816,179 | $179,827,727 | $8,846,899 |
| FY2015 | $182,691,786 | $171,176,386 | $31,954,578 |
| FY2014 | $174,826,364 | $165,314,599 | $28,619,358 |
| FY2013 | $169,056,615 | $168,897,802 | $6,872,165 |
| FY2012 | $176,776,085 | $169,093,473 | $4,003,882 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $774,171 | 0% |
| Program service revenue | $330,206,323 | 100% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $225,701,485 | 71% |
| Management & general | $92,439,649 | 29% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 100% of total revenue in FY2025.
- Program services accounted for 71% of functional expenses, management & general 29%, and fundraising 0%.
- 71% of functional expenses went to program services in FY2025. That is higher than 11.2% of 278 Health Care organizations in PA.
- Net assets covered about 11.9 months of expenses at the end of the reporting year. That puts it in the 50th percentile among 1094 Health Care organizations in PA.
- Total revenue was higher than 96% of 1128 Health Care organizations in PA.
- Total revenue rose from $176,776,085 in FY2012 to $341,274,095 in FY2025, Revenue increased in 11 and decreased in 2 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 4 of 14 reported years (FY2020, FY2022, FY2023, FY2024).
- Net assets grew from $4,003,882 to $314,893,056 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
PROVIDE A COMPREHENSIVE RANGE OF HEALTH SERVICES THAT MEET THE NEEDS AND IMPROVE THE QUALITY OF LIFE IN THE COMMUNITIES WE SERVE.
IRS status
| Ruling year | 1964 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | E220 — Health Care (in PA) |
| Donations | Donations are generally tax-deductible (public charity). |
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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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