United Health Services Hospitals Inc

Analysis

United Health Services Hospitals Inc is a registered charity in United States, based in Binghamton, NY. It received its IRS tax-exemption ruling in July 1982, 44 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 Health Services Hospitals Inc reported income of $993.8m and spending of $1.01bn, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $753.4m to $993.8m (+32%), an average of +7.2% a year. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, United Health Services Hospitals Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within NY. Charities of a similar size with the same main cause include Poudre Valley Medical Group LLC ($987.6m), Community Hospital of the Monterey Peninsula ($1.00bn) and Aultman Health Foundation Group Return ($982.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.3% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $1.8m (0.2% of expenses). Other salaries and wages came to $321.0m. At year end it held assets of $781.8m against liabilities of $581.4m, net assets of $200.4m. It reported 6,123 employees.