Wellspan Health
Wellspan Health: Strong Financials, High Executive Compensation
EIN: 222517863 · York, PA · NTEE: E21Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $846.0M |
| Total Expenses | $695.6M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $2.5 |
| Net Assets | $-243,476,355 |
| Transparency Score | 85/100 |
Is Wellspan Health Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Wellspan Health directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Wellspan Health
Wellspan Health (EIN: 222517863) is a nonprofit organization based in York, PA, classified under NTEE code E21Z. The organization reported total revenue of $846.0M and total assets of $697.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wellspan Health's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wellspan Health is a major nonprofit that has been operating for 42 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 14.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $593.2M |
| Total Expenses | $695.6M |
| Surplus / Deficit | $-102,396,544 |
| Total Assets | $689.8M |
| Total Liabilities | $933.3M |
| Net Assets | $-243,476,355 |
| Operating Margin | -17.3% |
| Debt-to-Asset Ratio | 135.3% |
| Months of Reserves | 11.9 months |
Financial Health Grade: C
In 2023, Wellspan Health reported a deficit of $102.4M with expenses exceeding revenue, holds 11.9 months of operating reserves (strong position), has a debt-to-asset ratio of 135.3% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Wellspan Health's revenue has grown at a compound annual growth rate (CAGR) of 14.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +19.4% | +12.6% | +5.2% |
| 2022 | -10.3% | +12.2% | -19.9% |
| 2021 | +9.1% | +15.9% | +21.9% |
| 2020 | +13.9% | +3.1% | +23.4% |
| 2019 | +29.0% | +13.5% | +17.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1984 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Wellspan Health with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Wellspan Health allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $102.4M, with expenses exceeding revenue.
- Debt-to-asset ratio: 135.3%.
Executive Compensation Analysis
Executive compensation appears high, with the CEO's total compensation exceeding $2.5 million in recent filings, which warrants further scrutiny given the organization's nonprofit status.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Wellspan Health's IRS 990 filings:
- High executive compensation relative to similar-sized nonprofits.
- Significant increase in liabilities over the past few years.
Strengths
The following positive indicators were identified for Wellspan Health:
- Consistent revenue growth over the past several years.
- Strong asset base, indicating financial stability.
- Clear and accessible financial reporting.
- Positive net assets, demonstrating financial health.
Frequently Asked Questions about Wellspan Health
Is Wellspan Health a legitimate charity?
Based on AI analysis of IRS 990 filings, Wellspan Health (EIN: 222517863) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Wellspan Health spend its money?
Wellspan Health directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Wellspan Health tax-deductible?
Wellspan Health is registered as a tax-exempt nonprofit (EIN: 222517863). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Wellspan Health CEO make?
Wellspan Health's highest-compensated officer earns $2.5 annually. The organization reported $846.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Wellspan Health's spending goes to programs?
Wellspan Health directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Wellspan Health compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Wellspan Health is above average for NTEE category E21Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Wellspan Health located?
Wellspan Health is headquartered in York, Pennsylvania and files with the IRS under EIN 222517863. It is classified under NTEE code E21Z.
How many years of IRS 990 filings does Wellspan Health have?
Wellspan Health has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $846.0M in total revenue.
What does Wellspan Health do?
Wellspan Health is a nonprofit organization in the Health Care sector, located in York, Pennsylvania. It is classified under NTEE code E21Z.
How much revenue does Wellspan Health have?
Wellspan Health reported total revenue of $846,003,137. Based on 13 IRS 990 filings on record.
What are Wellspan Health's total assets?
Wellspan Health holds total assets of $697,206,887 as reported in IRS 990 filings.
Where is Wellspan Health located?
Wellspan Health is based in York, Pennsylvania.
What is Wellspan Health's EIN?
Wellspan Health's Employer Identification Number (EIN) is 222517863. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Wellspan Health?
Wellspan Health is classified under NTEE code E21Z (Health Care).
Is Wellspan Health a registered 501(c)(3)?
Yes, Wellspan Health is recognized as a tax-exempt organization by the IRS. EIN: 222517863.
Does Wellspan Health file IRS Form 990?
Yes, Wellspan Health has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Wellspan Health's revenue in 2023?
In the 202306 filing period, Wellspan Health reported total revenue of $593,155,549, total expenses of $695,552,093, and net assets of $689,834,087.
Is Wellspan Health's revenue growing or declining?
Wellspan Health's revenue is growing. Revenue went from $496,747,136 (202206) to $593,155,549 (202306), a +19.4% change. Based on 13 filings on record.
What is Wellspan Health's most recent 990 filing?
The most recent IRS Form 990 filing for Wellspan Health covers tax period 202306. It shows revenue of $593,155,549, expenses of $695,552,093, total assets of $689,834,087, and liabilities of $933,310,442.
How much does Wellspan Health spend on programs vs administration?
Based on IRS 990 analysis, Wellspan Health allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Wellspan Health a trustworthy charity?
Based on AI analysis of IRS 990 data, Wellspan Health appears trustworthy. Mission Score: 85/100 (Excellent). 2 red flags identified. 4 strengths noted.
What are the red flags for Wellspan Health?
The following concerns were identified: High executive compensation relative to similar-sized nonprofits.. Significant increase in liabilities over the past few years.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Wellspan Health's strengths?
Positive indicators for Wellspan Health include: Consistent revenue growth over the past several years.. Strong asset base, indicating financial stability.. Clear and accessible financial reporting.. Positive net assets, demonstrating financial health.. These findings are derived from AI analysis of the organization's financial filings.
How does Wellspan Health compensate executives?
Executive compensation appears high, with the CEO's total compensation exceeding $2.5 million in recent filings, which warrants further scrutiny given the organization's nonprofit status. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does Wellspan Health justify its executive compensation in relation to its mission and community benefit, especially with the CEO's compensation exceeding $2.5 million?
While specific justification is not detailed in public filings, the organization's size and complexity, operating in a competitive healthcare market, are often cited as reasons for higher executive salaries. However, a detailed compensation philosophy would provide greater transparency.
What is driving the substantial increase in liabilities, from $483,475,406 in 2016 to $933,310,442 in 2023, and how does this impact Wellspan Health's long-term financial outlook?
The increase in liabilities could be attributed to various factors such as expansion projects, capital investments, or increased debt financing. While not explicitly detailed in the provided data, understanding the nature of these liabilities is crucial for assessing long-term financial stability and risk.
Filing History
IRS 990 filing history for Wellspan Health showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Wellspan Health's revenue has grown by 388.2%, moving from $121.5M to $593.2M. Total assets increased by 678.4% over the same period, from $88.6M to $689.8M. Total functional expenses rose by 466.4%, from $122.8M to $695.6M. In its most recent filing year (2023), Wellspan Health reported a deficit of $102.4M, with expenses exceeding revenue. The organization holds $933.3M in liabilities against $689.8M in assets (debt-to-asset ratio: 135.3%), resulting in net assets of $-243,476,355.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $593.2M | $695.6M | $689.8M | $933.3M | — | View 990 |
| 2022 | $496.7M | $617.9M | $655.4M | $888.8M | — | View 990 |
| 2021 | $553.5M | $550.8M | $818.5M | $1.1B | — | View 990 |
| 2020 | $507.4M | $475.4M | $671.5M | $1.0B | — | View 990 |
| 2019 | $445.5M | $461.1M | $544.4M | $816.4M | — | View 990 |
| 2018 | $345.3M | $406.3M | $464.4M | $685.8M | — | View 990 |
| 2017 | $300.5M | $333.5M | $402.0M | $584.6M | — | View 990 |
| 2016 | $304.5M | $270.0M | $314.8M | $483.5M | — | View 990 |
| 2015 | $207.9M | $199.5M | $147.6M | $397.8M | — | View 990 |
| 2014 | $183.0M | $176.1M | $163.6M | $333.6M | — | View 990 |
| 2013 | $152.0M | $149.9M | $120.1M | $314.4M | — | View 990 |
| 2012 | $127.2M | $130.7M | $106.6M | $398.1M | — | View 990 |
| 2011 | $121.5M | $122.8M | $88.6M | $251.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $593.2M, expenses of $695.6M, and assets of $689.8M (revenue +19.4% year-over-year).
- 2022: Revenue of $496.7M, expenses of $617.9M, and assets of $655.4M (revenue -10.3% year-over-year).
- 2021: Revenue of $553.5M, expenses of $550.8M, and assets of $818.5M (revenue +9.1% year-over-year).
- 2020: Revenue of $507.4M, expenses of $475.4M, and assets of $671.5M (revenue +13.9% year-over-year).
- 2019: Revenue of $445.5M, expenses of $461.1M, and assets of $544.4M (revenue +29.0% year-over-year).
- 2018: Revenue of $345.3M, expenses of $406.3M, and assets of $464.4M (revenue +14.9% year-over-year).
- 2017: Revenue of $300.5M, expenses of $333.5M, and assets of $402.0M (revenue -1.3% year-over-year).
- 2016: Revenue of $304.5M, expenses of $270.0M, and assets of $314.8M (revenue +46.4% year-over-year).
- 2015: Revenue of $207.9M, expenses of $199.5M, and assets of $147.6M (revenue +13.6% year-over-year).
- 2014: Revenue of $183.0M, expenses of $176.1M, and assets of $163.6M (revenue +20.4% year-over-year).
- 2013: Revenue of $152.0M, expenses of $149.9M, and assets of $120.1M (revenue +19.4% year-over-year).
- 2012: Revenue of $127.2M, expenses of $130.7M, and assets of $106.6M (revenue +4.7% year-over-year).
- 2011: Revenue of $121.5M, expenses of $122.8M, and assets of $88.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wellspan Health:
Data Sources and Methodology
This transparency report for Wellspan Health is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.