University Health Services Inc

Analysis

University Health Services Inc is a registered charity in United States, based in Augusta, GA. It received its IRS tax-exemption ruling in January 1985, 41 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, University Health Services Inc reported income of $495.7m and spending of $499.9m, spending 101% of its income. Across the 5 years on record, from December 2019 to June 2023, income fell from $574.3m to $495.7m (-14%), an average of -3.6% a year. The sharpest change came in the year to June 2023, when income rose by 57%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, University Health Services Inc 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 GA. Charities of a similar size with the same main cause include Iowa Health System ($495.1m), Marietta Memorial Hospital ($496.6m) and Musculoskeletal Transplant Foundation Inc ($493.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.1% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $7.1m (1.4% of expenses). Other salaries and wages came to $167.5m. At year end it held assets of $1.18bn against liabilities of $338.9m, net assets of $844.8m. It reported 4,525 employees.