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Uhealthsolutions Inc

RegisteredEIN 04-3541678Westborough, MAHealth and saving lives
Income$28.1m2023-06
Spending$25.2msame year
Spent / received91%5-year average
Size in its cause90th pctHealth and saving lives
Exempt since2002Publicly supported organisat
Employees172latest return

Analysis

Uhealthsolutions Inc is a registered charity in United States, based in Westborough, MA. It received its IRS tax-exemption ruling in June 2002, 24 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Uhealthsolutions Inc reported income of $28.1m and spending of $25.2m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $19.7m to $28.1m (+42%), an average of +9.3% a year. The sharpest change came in the year to June 2023, when income rose by 26%. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Uhealthsolutions Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within MA. Charities of a similar size with the same main cause include Baystate Health Inc ($28.0m), Central Neighborhood Health Foundation ($28.1m) and University Neurology Inc ($28.0m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 97% of the total. Other salaries and wages came to $7.5m. At year end it held assets of $51.1m against liabilities of $5.1m, net assets of $46.0m. It reported 172 employees.

Income and spending

$0$7.0m$14.0m$21.1m$28.1m2019 Income: $19,699,6502019 Spending: $18,162,34720192020 Income: $18,635,6762020 Spending: $16,963,99920202021 Income: $21,401,9802021 Spending: $20,333,76420212022 Income: $22,267,3522022 Spending: $19,519,84920222023 Income: $28,067,4992023 Spending: $25,216,8012023
IncomeSpending

Where the income comes from

  • Program services 97%
  • Other 3.1%

Similar-sized charities, same cause

CharityLocationIncome
Baystate Health IncSpringfield$28.0m
Central Neighborhood Health FoundationSanta Fe SPGS$28.1m
University Neurology IncBuffalo$28.0m
Central California Blood CenterFresno$28.1m