Revenue and Expenses over Five Years in Intellectual Disability Service Providers in Pennsylvania
Abstract
Purpose: The aim of this study was to ascertain the financial health of intellectual disability provider agencies in Pennsylvania over a five-year period of time.
Method: GuideStar was used to access the 990 tax forms of 79 provider agencies belonging to the PAR provider association.
Results: Data revealed that approximately 1/3 of the service providers had expenses that exceeded revenue each year. Despite this negative finding, net assets of the provider agencies grew and it was evident that additional money was entering the system. The threats of this sort of situation were discussed.
Conclusions: It appears to be a constant that 1/3 of provider agencies have expenses that exceed revenue each year. This data questions the long-term sustainability of Pennsylvania intellectual disability providers.
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