Upmc

Analysis

Upmc is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in January 1983, 43 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 2020, Upmc reported income of $351k and spending of $1.4m, spending 410% of what it took in. Across the 2 years on record, from June 2019 to June 2020, income grew from $350k to $351k (+0.1%), an average of +0.1% a year. Over the whole period it spent 455% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Upmc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within PA. Charities of a similar size with the same main cause include A Peace of Mind Inc ($350k), Walters Childrens Charities Classic ($351k) and Early Recognition Is Critical Inc ($350k).

On its Form 990 for the period ending June 2020, revenue came from program service revenue 100% of the total. At year end it held assets of $20.3m against liabilities of $17.6m, net assets of $2.7m.