University Orthopaedic Services Inc

Analysis

University Orthopaedic Services Inc is a registered charity in United States, based in Cheektowaga, NY. It received its IRS tax-exemption ruling in April 1995, 31 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, University Orthopaedic Services Inc reported income of $66.3m and spending of $67.2m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $53.4m to $66.3m (+24%), an average of +5.5% a year. The sharpest change came in the year to December 2021, when income rose by 33%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, University Orthopaedic Services Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within NY. Charities of a similar size with the same main cause include Northeast Behavioral Health Corporation ($66.3m), Madison County Community Hospital ($66.3m) and Vcu Health Tappahannock Hospital ($66.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $21.5m (32% of expenses). Other salaries and wages came to $20.3m. At year end it held assets of $60.0m against liabilities of $50.6m, net assets of $9.4m. It reported 511 employees.