University Place Inc

Analysis

University Place Inc is a registered charity in United States, based in West Lafayette, IN. It received its IRS tax-exemption ruling in October 2001, 25 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, University Place Inc reported income of $14.0m and spending of $12.2m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $11.2m to $14.0m (+25%), an average of +5.7% a year. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, University Place Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within IN. Charities of a similar size with the same main cause include Chota Community Health Services ($14.0m), Childrens Hospital Pathology Foundation Inc ($14.0m) and Olive View UCLA Education and Research Institute Inc ($14.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.1% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $202k (1.7% of expenses). Other salaries and wages came to $2.8m. At year end it held assets of $26.9m against liabilities of $41.0m, net assets of -$14.1m. It reported 142 employees.