Uc Healthcare System

Analysis

Uc Healthcare System is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in January 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Uc Healthcare System reported income of $2.26bn and spending of $2.49bn, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.83bn to $2.26bn (+23%), an average of +5.3% a year. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Uc Healthcare System sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within OH. Charities of a similar size with the same main cause include Harvard Pilgrim Health Care Inc ($2.23bn), Baptist Hospital of Miami Inc ($2.28bn) and University of Maryland Medical System Corporation ($2.23bn).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.2% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $8.0m (0.3% of expenses). Other salaries and wages came to $1.13bn. At year end it held assets of $1.64bn against liabilities of $1.05bn, net assets of $591.1m. It reported 13,525 employees.