Universal Health Services

Analysis

Universal Health Services is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in July 1990, 36 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Universal Health Services reported income of $7.9m and spending of $10.8m, spending 136% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.7m to $7.9m (+194%), an average of +31% a year. The sharpest change came in the year to June 2020, when income rose by 105%. Over the whole period it spent 170% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Universal Health Services sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 96th percentile within AL. Charities of a similar size with the same main cause include Mental Health Association in Fulton & Montgomery Counties ($7.9m), Society for Maternal-Fetal Medicine ($7.9m) and Achieve Human Services Inc ($7.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.1% and program service revenue 88% of the total. At year end it held assets of $8.9m against liabilities of $5.2m, net assets of $3.7m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.