Upmc is a 501(c)(3) organization based in Pittsburgh, Pennsylvania, registered in 1983, with $24,322,528,674 in FY2023 revenue. CharityIndex grades it A, and it directs about 92% of spending to programs.
Revenue (FY2023)
$24.3B
▲ 7.8% vs prior year
Expenses (FY2023)
$24.6B
Net assets
$8.3B
Employees
79,577
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Upmc: 92% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Upmc: 4 mo reserves · -1% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Upmc: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Upmc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Healthcare, education, and research
Revenue grew from $10.1B (FY2013) to $24.3B (FY2023) across 11 reported years.
Financial snapshot
Operating margin
-1.3%
Spent more than it raised in the latest fiscal year.
Total assets
$11.2B
Total liabilities
$2.9B
Net assets
$8.3B
Salaries & benefits
$8.5B
35% of expenses
Board members
46
9 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $24,322,528,674▲7.8% | $24,631,005,734▲8.6% | $8,300,594,617▼0.5% | $11,152,724,568▼10.5% | 990 |
| 2022 | $22,568,515,184▲10.0% | $22,671,786,620▲13.0% | $8,342,462,276▲5.2% | $12,455,585,375▲3.6% | 990 |
| 2021 | $20,520,943,502▲5.4% | $20,068,751,092▲8.8% | $7,926,867,644▲3.6% | $12,017,036,810▲3.3% | 990 |
| 2020 | $19,463,451,867▲17.4% | $18,440,436,544▲11.8% | $7,648,917,324▲28.8% | $11,637,707,650▲23.6% | 990 |
| 2019 | $16,575,357,648▲11.4% | $16,487,763,608▲10.8% | $5,939,882,004▲1.7% | $9,412,315,445▲10.1% | 990 |
| 2018 | $14,874,280,752▲10.2% | $14,883,289,781▲11.8% | $5,837,818,020▲2.5% | $8,546,151,463▲6.6% | 990 |
| 2017 | $13,498,504,493▲8.3% | $13,309,997,629▲9.4% | $5,696,221,566▲1.3% | $8,020,575,053▲2.6% | 990 |
| 2016 | $12,467,253,363▲6.6% | $12,164,413,932▲7.2% | $5,623,248,290▼0.6% | $7,813,980,382▲2.0% | 990 |
| 2015 | $11,695,858,422▲10.5% | $11,350,122,975▲9.2% | $5,655,231,150▲8.8% | $7,660,676,964▲15.9% | 990 |
| 2014 | $10,588,819,964▲4.9% | $10,397,939,016▲4.7% | $5,199,210,600▲1.5% | $6,610,759,840▲5.3% | 990 |
| 2013 | $10,098,163,008 | $9,927,833,907▲13.5% | $5,121,538,118▲7.9% | $6,276,733,210▲10.9% | 990 |
| 2012 | — | $8,743,867,259▲10.5% | $4,744,885,309▲5.2% | $5,661,763,150▲4.5% | 990 |
| 2011 | — | $7,915,661,168▲9.3% | $4,509,628,213▲8.6% | $5,418,993,044▲8.6% | 990 |
| 2010 | — | $7,244,673,016▲5.3% | $4,150,708,613▲9.2% | $4,990,882,812▲7.2% | 990 |
| 2009 | — | $6,877,784,167 | $3,800,667,497 | $4,655,682,618 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Highest-paid: Jeffrey A Romoff Upm — $12,125,375 (0.05% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Jeffrey A Romoff Upm | Former President & Ceo | 0 | $12,125,375 |
| Leslie C Davis Upm | President & Ceo | 60 | $11,376,172 |
| David Farner Upm | Evp & Chief Administrative Off | 60 | $3,715,281 |
| Fadi Sweiss Md | Neurosurgeon | 40 | $3,210,608 |
| Abhinav Humar Md | Transplant Surgeon | 40 | $2,852,870 |
| W Thomas Mcgough Esq Upm | Evp & Chief Legal Officer | 60 | $2,725,672 |
| Victor Morell Md Upp | Board Member | 40 | $2,598,105 |
| Charles Bogosta Upm | Evp & Pres Int'l | 60 | $2,560,028 |
| James D Luketich Md Upp | Board Member and Dept Chair | 40 | $2,500,334 |
| Christopher Schmidt Md | Orthopaedic Surgeon | 40 | $2,364,005 |
| Edward T Karlovich Upm | Evp & Cfo | 60 | $2,336,826 |
| Albert Lin Md | Orthopaedic Surgeon | 40 | $1,992,504 |
| Dean Sotereanos Md | Orthopaedic Surgeon | 40 | $1,898,596 |
| Jeanne Cunicelli Upm | Evp & President Enterprises | 60 | $1,772,778 |
| Robert M Friedlander Md Upp | Board Member and Dept Chair | 40 | $1,733,325 |
| Philip Pollice Md Mer | Board Member | 40 | $1,697,279 |
| Ajaipal Kang Md Rhs | Board Member | 40 | $1,601,160 |
| Stanley Marks Md Upc | Board Chair | 20 | $1,599,885 |
| Joel Yuhas Upm | Evp, Upmc & Pres, Upmc Hospita | 60 | $1,599,094 |
| Timothy Billiar Md Upm | Evp & Chief Scientific Officer | 60 | $1,571,951 |
| Contractor | Services | Paid |
|---|---|---|
| Whiting-turner Pj Dick Jv | Construct Contractor | $270,993,910 |
| Mascaro Barton Marlow A Joint Ventu | Construct Contractor | $66,873,887 |
| Msp Synchronized Solutions LLC | Physician Services | $56,375,426 |
| Rycon Construction Inc | Construct Contractor | $32,260,407 |
| Aec Group LLC | Info Tech Services | $31,960,548 |
5 grants to Upmc totaling $1.1M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The Bessemer Giving Fund | Medical research | 2024 | $1,000,000 |
| American Cancer Society Inc | Patient support | 2022 | $20,000 |
| Brothers Brother Foundation | Grant for medsurg projects | 2020 | $17,160 |
| University of Pittsburgh | Sponsorship | 2015 | $5,000 |
| University of Pittsburgh | Sponsorship | 2014 | $8,000 |
283 grants totaling $113.6M in FY2023 — showing the 15 largest. All grants made by Upmc →
| Recipient | Purpose | Amount |
|---|---|---|
| University of Pittsburgh | General support | $102,305,601 |
| The Pittsburgh Promise Foundation | Community devel | $1,000,000 |
| Robert Morris University | General support | $885,000 |
| Duquesne University of the Holy Spirit | General support | $749,413 |
| United Way of Venango County Inc | Community devel | $686,833 |
| Upmc | General support | $612,606 |
| Allegheny Conference On Community Development | General support | $535,000 |
| American Heart Association Inc | Heart research | $422,174 |
| Point Park University | General support | $210,000 |
| Jewish Healthcare Foundation of Pittsburgh | Healthcare support | $201,000 |
| Ladies Hospital Aid Society of Western Pennsylvania | General support | $200,000 |
| Family House Inc | Community devel | $164,866 |
| Westminster College | General support | $155,475 |
| Cutting Edge Baseball | General support | $150,000 |
| Second Avenue Commons Inc Formerly Known As 2p110 Cares Inc | General support | $143,970 |
Explore more
Data for Upmc (EIN 20-8295721) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.