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 $564k and spending of $559k, spending 99% of its income. Across the 2 years on record, from June 2019 to June 2020, income fell from $1.7m to $564k (-67%), an average of -67% a year. The sharpest change came in the year to June 2020, when income dropped by 67%. Over the whole period it spent 39% 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 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within PA. Charities of a similar size with the same main cause include No Wrong Door for Support and Recovery Inc ($564k), Karlsson Foundation for Psychoanalysis ($564k) and Little Baby Face Foundation ($564k).

At year end it held assets of $423.9m against liabilities of $44.3m, net assets of $379.6m.