Charity Search / WELLSPAN MEDICAL GROUP
Health Care (E31Z) 990 on File

WELLSPAN MEDICAL GROUP

EIN: 23-2730785 · YORK, PA 17405-2767 · United States · FY 2023 Data
3 out of 5 49 / 100 Based on 2+ years of filings
Financial strength (30%) 54/100
Reliability (20%) 55/100
Effectiveness (25%) 88/100
Impact (25%) No data yet
Financial data: FY 2023 · Scored 9/13/2026
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Financial Overview — FY 2023
$858.7M
Total Revenue
$949.3M
Total Expenses
$60.5M
Net Assets
5278
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 98.6%
Fundraising Efficiency N/A
Operating Reserve 0.77x
Liability-to-Asset 69.6%
Revenue Diversification 99.7%
Executive Compensation $4.6M
Compared with Peers
FY 2023
Compared with 1,811 similar organizations (United States, Health Care, $100M and over in expenses), FY 2023.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
98.6% 87.3%
P10P90
Top quarter
Admin expense ratio
Management and general / total expenses · lower is better
1.4% 12.7%
P10P90
Top quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.0%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
0.8 mo 6.0 mo
P10P90
Bottom quarter
Liabilities to assets
Total liabilities / total assets · lower is better
69.6% 46.1%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
99.7% 96.8%
P10P90
Bottom quarter
Revenue growth
Year over year revenue growth
11.8% 6.3%
P10P90
Expense growth
Year over year expense growth
13.7% 6.6%
P10P90
Surplus margin
Surplus as a share of revenue
-10.6% 1.3%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $858.7M $949.3M $60.5M 98.6% 5278
2022 $767.8M $835.0M $21.7M 98.2% 4944
2021 $745.8M $762.0M N/A — 4626
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Organization Details
EIN
23-2730785
State
PA
City
YORK
ZIP
17405-2767
Classification
E31Z
Category
Health Care
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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