University Physicians & Surgeons Inc

Analysis

University Physicians & Surgeons Inc is a registered charity in United States, based in Huntington, WV. It received its IRS tax-exemption ruling in June 1976, 50 years ago. 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, University Physicians & Surgeons Inc reported income of $234.1m and spending of $238.0m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $218.1m to $234.1m (+7.3%), an average of +1.8% a year. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, University Physicians & Surgeons Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within WV. Charities of a similar size with the same main cause include Lutheran Immigration and Refugee Service ($232.8m), Childrens Hospital Los Angeles Medical Group Inc ($238.8m) and Neighborhood Reinvestment Corp ($232.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.7% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $4.9m (2.1% of expenses). Other salaries and wages came to $160.1m. At year end it held assets of $158.2m against liabilities of $96.4m, net assets of $61.8m. It reported 2,151 employees.