Official Seal, Everything Is Broken (2026)

Everything Is Broken

Report No. 1 · Nonprofit Hospital Executive Pay vs Charity Care · Annual Report, 2026 edition

Pennsylvania · Ranked 392 of 1033 by CEO pay.

Pennsylvania Hospital of the University of Pennsylvania Health System

Theresa M Larivee, Board Member, CEO. Fiscal year ending 2025-06.

$1.0M
CEO total compensation
Form 990 Part VII, columns D+E+F
0.77%
of expenses spent on charity care
Schedule H Part I line 7a
14.3%
CEO pay as a share of all charity care

Most of the reported compensation ($928,766 of $1,041,027) came from a related organization (Part VII column E) and was reported on this filing.

§1The filing

Total revenue
$930,519,232
Total expenses
$941,688,335
Net assets
$759,189,584
Employees
3,648
Hospitals covered
1 facilities across 1 filing
Charity care, net
$7,289,874
Bad debt
$17,766,960
Medicare surplus (shortfall), as filed
($6,564,176)
CEO pay from the organization (Part VII col. D)
$0
From related organizations (col. E)
$928,766
Other compensation, including deferred pay and nontaxable benefits (col. F)
$112,261
CEO total compensation (D+E+F)
$1,041,027 to Theresa M Larivee

Medicare surplus (shortfall) is Schedule H Part III line 7: Medicare revenue minus the cost of Medicare care. A figure in parentheses is a shortfall. Like bad debt, it is not community benefit on the IRS form.

Source: Form 990, Pennsylvania Hospital of the University of Pennsylvania Health System, EIN 31-1538725, fiscal year ending 2025-06, as published by the IRS. CEO identification: ceo title multiple.

§2Community benefit versus charity care

What the system reported as total community benefit (Schedule H line 7k)$65.8M Of which charity care to patients who could not pay (line 7a)$7.3M (11%)

The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($17.8M) and Medicare shortfall are reported separately by the IRS and are not community benefit on the form.

Every number on this page was copied from the filing linked above. If a figure is wrong, send the filing that contradicts it and the correction runs at the top of this page.

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Pennsylvania Hospital of the University of Pennsylvania Health System: CEO pay $1.0M, charity care 0.77% of expenses