University Health Systems of Eastern Carolina Foundation Inc

Analysis

University Health Systems of Eastern Carolina Foundation Inc is a registered charity in United States, based in Greenville, NC. It received its IRS tax-exemption ruling in November 2004, 22 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 September 2023, University Health Systems of Eastern Carolina Foundation Inc reported income of $7.8m and spending of $2.9m, leaving 63% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $6.3m to $7.8m (+24%), an average of +5.4% a year. The sharpest change came in the year to September 2020, when income rose by 78%. Over the whole period it spent 54% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, University Health Systems of Eastern Carolina Foundation Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within NC. Charities of a similar size with the same main cause include Behavioral Health Management Services Inc ($7.8m), Alcohol and Drug Council of Tompkins County Inc ($7.8m) and Rockford Ambulance Inc ($7.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 79% of the total. At year end it held assets of $51.7m against liabilities of $21.1m, net assets of $30.6m.