Ut Le Bonheur Pediatric Specialists Inc

Analysis

Ut Le Bonheur Pediatric Specialists Inc is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in April 2014, 12 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Ut Le Bonheur Pediatric Specialists Inc reported income of $58.2m and spending of $107.7m, spending 185% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $52.9m to $58.2m (+10.0%), an average of +3.2% a year. Over the whole period it spent 178% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ut Le Bonheur Pediatric Specialists Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within TN. Charities of a similar size with the same main cause include SHC Medical Center Toppenish ($58.2m), Hackley School ($58.2m) and Crusaders Central Clinic Association ($58.1m).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $4.3m (4.0% of expenses). Other salaries and wages came to $67.6m. At year end it held assets of $22.3m against liabilities of $24.1m, net assets of -$1.7m. It reported 681 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.