Upmc

Analysis

Upmc is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in January 1983, 43 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Upmc reported income of $203.9m and spending of $194.5m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $99.6m to $203.9m (+105%), an average of +20% a year. The sharpest change came in the year to June 2021, when income rose by 31%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Upmc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 99th percentile within PA. Charities of a similar size with the same main cause include Chinese-American Planning Council Home Attendant Program Inc ($203.8m), Nascentia Health at Home ($204.0m) and Texas Health Harris Methodist Hospital Alliance ($203.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.7% and program service revenue 99% of the total. Other salaries and wages came to $63.6m. At year end it held assets of $238.0m against liabilities of $104.6m, net assets of $133.4m. It reported 1,227 employees.