Urban Health Plan Inc

Analysis

Urban Health Plan Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in February 1979, 47 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, Urban Health Plan Inc reported income of $158.2m and spending of $151.7m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $141.3m to $158.2m (+12%), an average of +2.9% a year. The sharpest change came in the year to December 2021, when income rose by 38%. 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, Urban Health Plan Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 99th percentile within NY. Charities of a similar size with the same main cause include Trihealth Physician Institute ($158.1m), Hugh Chatham Memorial Hospital Inc ($158.3m) and Mission Hospital Inc ($157.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $1.8m (1.2% of expenses). Other salaries and wages came to $74.4m. At year end it held assets of $279.3m against liabilities of $200.4m, net assets of $78.9m. It reported 1,228 employees.