Upmc

Analysis

Upmc is a registered charity in United States, based in Pittsburg, 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 $2.5m and spending of $4.6m, spending 185% of what it took in. Across the 2 years on record, from June 2019 to June 2020, income fell from $49.6m to $2.5m (-95%), an average of -95% a year. The sharpest change came in the year to June 2020, when income dropped by 95%. Over the whole period it spent 100% 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 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 86th percentile within PA. Charities of a similar size with the same main cause include Spanish Peaks Healthcare Systems ($2.5m), General Care Services Inc ($2.5m) and Eastern Allergy Conference Inc ($2.5m).

On its Form 990 for the period ending June 2020, revenue came from program service revenue 100% of the total. Other salaries and wages came to $62k. At year end it held assets of $42.7m against liabilities of $702k, net assets of $42.0m. It reported 22 employees.