Ut Regional One Physicians Inc

Analysis

Ut Regional One Physicians Inc is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in April 2015, 11 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, Ut Regional One Physicians Inc reported income of $88.4m and spending of $88.4m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $67.7m to $88.4m (+31%), an average of +6.9% a year. 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, Ut Regional One Physicians Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within TN. Charities of a similar size with the same main cause include Good Shepherd Rehabilitation Hosp ($88.3m), Touchette Regional Hospital Inc ($88.4m) and Heart of Texas Community Health Center Inc ($88.2m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $2.7m (3.0% of expenses). Other salaries and wages came to $73.0m. At year end it held assets of $7.2m against liabilities of $7.2m, net assets of $0. It reported 323 employees.