Wellspan Properties Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE PURPOSE OF WELLSPAN PROPERTIES IS TO DEVELOP MEDICAL CENTERS AND LEASE TO TAX-EXEMPT AFFILIATES.
- Income
- $17.1 million
- Spending
- $17.4 million
- Spent on programs
- 95%
- Reserves
- -137.1 months of spending
- Largest source of income
- fees for its services, 98%
- Employees
- 0
- Volunteers
- 0
- Highest pay
- $3.2 million, president & ceo - wellspan health
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 35 out of 100. Higher than 16% of charities in its peer group (housing, $10m to $100m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
2 of 20It owes 85% of what it owns.
Living within its means
8 of 15Spending exceeded income by 2% of income.
Income trend
10 of 15Income fell 9% on the year before.
Spending floor
15 of 1595% of spending went to programs.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 75 out of 100. Higher than 9% of charities in its peer group (housing, $10m to $100m).
Independent board
5 of 250 of 7 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $16.6 million spent. WELLSPAN PROPERTIES, INC. ("WP") IS A CHARITABLE CORPORATION THAT SUPPORTS A PARENT COMPANY, WELLSPAN HEALTH ("WSH"), AND RELATED COMPANIES, COLLECTIVELY A HEALTH CARE DELIVERY SYSTEM, IN YORK, ADAMS, LANCASTER AND SURROUNDING COUNTIES. AS A COMMUNITY-BASED, NOT-FOR-PROFIT ORGANIZATION, WSH IS DEDICATED TO BEING THE LEADER IN DEVELOPING, DELIVERING AND COORDINATING HEALTH CARE SERVICES, WHICH IMPROVE THE HEALTH AND WELL-BEING OF THE PEOPLE IT SERVES. WSH PROVIDES, THROUGH ITS SUBSIDIARIES, ACCESS TO QUALITY, CONVENIENT AND AFFORDABLE HEALTH CARE THROUGH MORE THAN 250 PATIENT CARE LOCATIONS THAT OFFER SERVICES SUCH AS DIAGNOSTIC IMAGING, LABORATORY TESTING AND ANALYSIS, REHABILITATION, PRIMARY CARE, RETAIL PHARMACY, WALK-IN HEALTH CARE AND OTHER ESSENTIAL SERVICES. THESE SERVICES INCLUDE 47 AMBULATORY CARE AND OUTPATIENT SITES IN YORK, ADAMS, LANCASTER AND SURROUNDING COUNTIES AS WELL AS NORTHERN MARYLAND. WSH ALSO PROVIDES SIX RETAIL PHARMACY SITES, OVER 80 PRIMARY CARE AND SPECIALTY PHYSICIAN OFFICES, OVER 2,500 MEDICAL AND DENTAL STAFF MEMBERS, NINE HOSPITALS WITH MORE THAN 850 BEDS AND MORE THAN 82,000 ANNUAL ADMISSIONS. WSH INCLUDES YORK HEALTH PLAN, D/B/A SOUTH CENTRAL PREFERRED, A PREFERRED PROVIDER ORGANIZATION AND THIRD-PARTY ADMINISTRATOR SERVING 55 EMPLOYERS AND NEARLY 30,000 RESIDENTS OF YORK, ADAMS, CUMBERLAND, DAUPHIN, LEBANON, PERRY AND FRANKLIN COUNTIES. SCP ALSO PROVIDES COMPREHENSIVE WORKSITE WELLNESS SERVICES, THAT INCLUDES AN EMPLOYEE ASSISTANCE PROGRAM (EAP), CURRENTLY SERVING OVER ONE-HUNDRED FIFTY EMPLOYERS WITH MORE THAN 100,000 LIVES. WP SUPPORTS WSH AND ITS MISSION TO IMPROVE THE HEALTH AND WELL-BEING OF THE PEOPLE IT SERVES. WSH WILL ASSUME A LEADERSHIP ROLE AND DEVELOP PARTNERSHIPS WITH OTHER ORGANIZATIONS TO IMPROVE ACCESS TO COORDINATED HIGH-QUALITY COST-EFFECTIVE HEALTH CARE SERVICES, EDUCATE THE HEALTH CARE PROVIDERS OF TOMORROW, PROMOTE HEALTHY LIFESTYLES AND LIFE-LONG WELLNESS AND MAKE ITS LOCAL COMMUNITIES HEALTHIER, MORE DESIRABLE PLACE TO LIVE, WORK AND PLAY. WP, WHICH IS EXEMPT FROM FEDERAL INCOME TAX PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, IS A COMPONENT OF WELLSPAN HEALTH CARE SERVICES ("WHCS"). WP'S PARENT, WHCS, IS ALSO EXEMPT FROM FEDERAL INCOME TAX AND IS THE SOLE MEMBER OF WP. WHCS IS A COMPONENT OF WSH, WHICH IS ALSO EXEMPT FROM FEDERAL INCOME TAX. WP WAS FORMED BY WSH AS A MEANS OF HANDLING REAL ESTATE TRANSACTIONS FOR FACILITIES TO BE USED IN FURTHERING WSH'S MISSION OF IMPROVING ACCESS TO COORDINATED, HIGH-QUALITY, COST-EFFECTIVE AND COMPASSIONATE HEALTHCARE SERVICES. WP TAKES ADVANTAGE OF TAX-EXEMPT BOND POOLS TO FINANCE THE PURCHASE OR CONSTRUCTION OF FACILITIES USED FOR THIS PURPOSE. WP, A PENNSYLVANIA NOT-FOR-PROFIT, GENERATES ITS REVENUE BY CHARGING RENT FOR ITS FACILITIES. WP'S PURPOSE IS TO SUPPORT WSH AND ITS AFFILIATES TO IMPROVE THE HEALTH AND WELL-BEING OF THE PEOPLE IT SERVICES. WP SUPPORTS IT'S 501(C)(3) WSH AFFILIATES, INCLUDING YORK HOSPITAL, GETTYSBURG HOSPITAL, WELLSPAN MEDICAL GROUP, THE GOOD SAMARITAN HOSPITAL OF LEBANON PENNSYLVANIA, EPHRATA COMMUNITY HOSPITAL, VNA HOME HEALTH SERVICES AND VNA COMMUNITY SERVICES, EACH OF WHICH IS A SECTION 501(C)(3) ORGANIZATION AND A PUBLIC CHARITY AS DESCRIBED IN SECTION 509(A)(1) OR 509(A)(2) OF THE CODE. ALL OF THE SUPPORTED AFFILIATED ORGANIZATIONS ARE PURELY PUBLIC CHARITIES AND EXEMPT FROM PENNSYLVANIA SALES TAX. ALL LEASES WERE AT FAIR MARKET VALUE.SEE WELLSPAN HEALTH - 2025 COMMUNITY BENEFIT REPORT LOCATED AT HTTPS://WWW.WELLSPAN.ORG/ABOUT-WELLSPAN/IMPROVING-HEALTHY-COMMUNITIES/COMMUNITY-BENEFIT.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since March 1988.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
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