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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2022, Upmc reported income of $120k and spending of $13k, leaving 89% of income unspent that year. Across the 4 years on record, from June 2019 to June 2022, income grew from $89k to $120k (+35%), an average of +10% a year. The sharpest change came in the year to June 2020, when income rose by 80%. Over the whole period it spent 42% 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 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 39th percentile within PA. Charities of a similar size with the same main cause include Ascenda ($120k), Foundation for Arthroplasty Research and Education ($120k) and Childrens Mental Health Circle of Friends Inc ($120k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 115% of the total. At year end it held assets of $553k against liabilities of $5,602, net assets of $547k.