Upmc

Analysis

Upmc is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in January 1983, 43 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 June 2020, Upmc reported income of $1.3m and spending of $2.2m, spending 172% of what it took in. Across the 2 years on record, from June 2019 to June 2020, income fell from $2.8m to $1.3m (-55%), an average of -55% a year. The sharpest change came in the year to June 2020, when income dropped by 55%. Over the whole period it spent 89% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Upmc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 80th percentile within PA. Charities of a similar size with the same main cause include Central Vermont Substance Abuse Services Inc ($1.3m), We Care Jacksonville Inc ($1.3m) and Community Action for Social Justice ($1.3m).

On its Form 990 for the period ending June 2020, revenue came from contributions and grants 277% of the total. Other salaries and wages came to $611k. At year end it held assets of $18.0m against liabilities of $4.8m, net assets of $13.3m. It reported 7 employees.