University Healthcare Alliance

Analysis

University Healthcare Alliance is a registered charity in United States, based in Newark, CA. It received its IRS tax-exemption ruling in December 2011, 15 years ago. 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 August 2023, University Healthcare Alliance reported income of $401.1m and spending of $476.8m, spending 119% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $364.6m to $401.1m (+10.0%), an average of +2.4% a year. Over the whole period it spent 121% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, University Healthcare Alliance sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within CA. Charities of a similar size with the same main cause include Eastern Maine Healthcare Systems ($395.7m), Florida Hospital Ocala Inc ($402.7m) and Coastal Developmental Services Foundation ($387.3m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 0.5% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $3.6m (0.7% of expenses). Other salaries and wages came to $90.1m. At year end it held assets of $185.2m against liabilities of $117.5m, net assets of $67.7m. It reported 1,435 employees.

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.