Upmc and the Washington Hospital Cancer Center

Analysis

Upmc and the Washington Hospital Cancer Center is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in February 2008, 18 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Upmc and the Washington Hospital Cancer Center reported income of $8.1m and spending of $8.1m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.4m to $8.1m (+50%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 37%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Upmc and the Washington Hospital Cancer Center sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within PA. Charities of a similar size with the same main cause include Northbay Education Inc ($8.1m), True North Recovery Inc ($8.1m) and Foundation for Research ($8.1m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $2.2m. At year end it held assets of $9.2m against liabilities of $281k, net assets of $8.9m.