The Association of CHRMC and University Physicians

Analysis

The Association of CHRMC and University Physicians is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in September 1986, 40 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, The Association of CHRMC and University Physicians reported income of $278.1m and spending of $278.9m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $207.9m to $278.1m (+34%), an average of +7.5% a year. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Association of CHRMC and University Physicians 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 100th percentile within WA. Charities of a similar size with the same main cause include Providence Saint Johns Medical Foundation ($277.8m), Olmsted Medical Center ($279.0m) and Southwest Volusia Healthcare Corporation ($277.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.4% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $5.5m (2.0% of expenses). Other salaries and wages came to $224.4m. At year end it held assets of $50.3m against liabilities of $50.3m, net assets of $62k. It reported 839 employees.