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 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 2020, Upmc reported income of $34.5m and spending of $34.3m, spending 100% of its income. Across the 2 years on record, from June 2019 to June 2020, income fell from $34.5m to $34.5m (-0.1%), an average of -0.1% a year. Over the whole period it spent 101% 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 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within PA. Charities of a similar size with the same main cause include Kentucky Blood Center Inc ($34.5m), HCSC Blood Center ($34.5m) and Northern Counties Health Care Inc ($34.4m).

On its Form 990 for the period ending June 2020, revenue came from contributions and grants 4.8% and program service revenue 95% of the total. Other salaries and wages came to $12.9m. At year end it held assets of $15.2m against liabilities of $6.6m, net assets of $8.7m. It reported 261 employees.