University Health Services Inc

Analysis

University Health Services Inc is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in February 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, University Health Services Inc reported income of $4.0m and spending of $3.9m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.2m to $4.0m (-6.1%), an average of -1.6% a year. The sharpest change came in the year to June 2021, when income rose by 273%. Over the whole period it spent 182% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University Health Services Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within VA. Charities of a similar size with the same main cause include Cristo Rey Fort Worth Catholic High School Inc ($4.0m), Alliance Charter Academy ($4.0m) and The Mahoning County High School ($4.0m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $40.1m against liabilities of $26.5m, net assets of $13.6m.