United Memorial Medical Center

Analysis

United Memorial Medical Center is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in July 1960, 66 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, United Memorial Medical Center reported income of $163.2m and spending of $153.5m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $114.8m to $163.2m (+42%), an average of +9.2% a year. The sharpest change came in the year to December 2021, when income rose by 25%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, United Memorial Medical Center sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 99th percentile within NY. Charities of a similar size with the same main cause include Brighton Marine Inc ($162.9m), Bryan Hospital Kearney ($163.3m) and Commcare Corporation ($162.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.6% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $1.6m (1.1% of expenses). Other salaries and wages came to $69.2m. At year end it held assets of $151.7m against liabilities of $74.1m, net assets of $77.6m. It reported 1,246 employees.