Upmc Western Maryland Corporation

Analysis

Upmc Western Maryland Corporation is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in February 2009, 17 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 Western Maryland Corporation reported income of $398.9m and spending of $357.8m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $346.3m to $398.9m (+15%), an average of +3.6% a year. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Upmc Western Maryland Corporation sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within PA. Charities of a similar size with the same main cause include CH Allied Services Inc ($398.7m), Copley Memorial Hospital Inc ($399.2m) and Texas Scottish Rite Hospital for Children ($398.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.5% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $7.6m (2.1% of expenses). Other salaries and wages came to $142.5m. At year end it held assets of $389.8m against liabilities of $22.0m, net assets of $367.8m. It reported 2,454 employees.