University of Cincinnati Physicians Inc

Analysis

University of Cincinnati Physicians Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in August 1989, 37 years ago. 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 2023, University of Cincinnati Physicians Inc reported income of $383.7m and spending of $368.2m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $278.1m to $383.7m (+38%), an average of +8.4% a year. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, University of Cincinnati Physicians Inc 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 San Gabriel Pomona Valleys Developmental Services Inc ($380.6m), Coastal Developmental Services Foundation ($387.3m) and Nuvance Health Medical Practice CT Inc ($377.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.5% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $9.5m (2.6% of expenses). Other salaries and wages came to $305.3m. At year end it held assets of $168.3m against liabilities of $36.2m, net assets of $132.0m. It reported 1,940 employees.