University Physician Group

Analysis

University Physician Group is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in March 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 September 2023, University Physician Group reported income of $147.6m and spending of $148.8m, spending 101% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $131.0m to $147.6m (+13%), an average of +3.0% a year. The sharpest change came in the year to September 2021, when income rose by 16%. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, University Physician Group sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 100th percentile within MI. Charities of a similar size with the same main cause include Bon Secours Medical Group Greenville Specialty Care LLC ($147.6m), Cooper University Hospital Cape Regional Inc ($147.6m) and Cape Cod Healthcare Inc ($147.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 4.5% and program service revenue 93% of the total. Other salaries and wages came to $98.1m. At year end it held assets of $94.6m against liabilities of $80.3m, net assets of $14.4m. It reported 989 employees.