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Health · 2023 Form 990

University Of Chicago Medical Center: $2.9B Revenue, $2.1B Program Expenses

Chicago, Illinois · EIN 363488183 · Filing year 2023

University Of Chicago Medical Center reported $2.9B in total revenue, $2.7B in total expenses, and $4.4B in total assets on its 2023 IRS Form 990. 78.0% of expenses ($2.1B) went directly to programs. Top officer compensation is not reported on this 990 filing. Overall efficiency grade: A (87/100).

Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.

A
Efficiency Score
87/100

Key Facts (2023 Form 990)

Total Revenue
$2.9B
Total Expenses
$2.7B
Program Expenses
$2.1B
Program Expense Ratio
78.0%
Total Assets
$4.4B
Reserve Months
19.1 months
EIN
363488183
Latest 990 Year
2023
Top Officer Compensation
Not reported

University Of Chicago Medical Center earns an A on the nonprofit efficiency rubric — a top-tier rating that reflects strong program-spending ratios, reasonable executive compensation, and stable financial reserves. The composite score of 87/100 places it in the upper bracket of U.S. tax-exempt organizations.

On revenue, University Of Chicago Medical Center is among the largest U.S. nonprofits: $2.9B in 2023 reported revenue. Organizations at this scale typically operate hospitals, university systems, or national federations — the financial pattern looks more like a corporation than the small-charity stereotype. University Of Chicago Medical Center directs 80% of its expenses to programs — above the third-party-rater threshold for an efficient organization.

Five-year revenue trajectory is strongly positive: University Of Chicago Medical Center has grown materially in real terms, which usually signals successful fundraising and program expansion. CEO compensation is reported as zero in the filing — typical for nonprofits where the chief executive is paid through a related entity (parent system, university, or foundation) rather than the filing organization itself, or for small organizations whose chief is a volunteer or board member. University Of Chicago Medical Center is categorized under Health — the largest segment of U.S. nonprofit revenue, dominated by hospitals, hospital systems, and health-research organizations. Revenue-to-program ratios in this category often look different from smaller-program nonprofits because the underlying operations are capital-intensive.


$2.9B
Revenue
$2.7B
Expenses
$4.4B
Total Assets
78.0%
Program Spending

How University Of Chicago Medical Center Compares

University Of Chicago Medical Center directs 78.0% of spending to programs, meeting the 65% minimum recommended by charity watchdogs. Its efficiency score of 87/100 is 6 points above the Health category average. The organization holds 19.1 months of operating reserves, indicating strong financial stability.

Financials

Where Your Donation Goes

$2.1B
Program Spending
78.0% of expenses
Not reported
CEO Compensation
19.1 mo
Reserve Months
of expenses in assets

Based on IRS tax-exempt organization data, for every dollar donated to University Of Chicago Medical Center, approximately 78.0 cents goes directly to program activities. The remaining funds cover administrative costs, fundraising, and management expenses.

Trend

Revenue History


University Of Chicago Medical Center has an Efficiency Score of A (87/100). Approximately 78.0% of expenses go directly to program activities, with the remainder covering administration and fundraising.

University Of Chicago Medical Center, Donor FAQ

University Of Chicago Medical Center has an Efficiency Score of A (87/100). Approximately 78.0% of expenses go directly to program activities, with the remainder covering administration and fundraising.

CEO/officer compensation for University Of Chicago Medical Center is not reported in the most recent IRS 990 filing on file.

University Of Chicago Medical Center reported $2.9B in annual revenue and $2.7B in total expenses for filing year 2023. The organization holds $4.4B in total assets.

For every dollar donated to University Of Chicago Medical Center, approximately 78.0 cents goes to program activities. The organization has 19.1 months of operating reserves, providing financial stability to sustain its mission.

University Of Chicago Medical Center is a registered 501(c) organization with EIN 363488183, based in Chicago, Illinois. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.

Sources: IRS 990 Filings, ProPublica Nonprofit Explorer
Last updated:

Financial data is sourced from IRS 990 filings via ProPublica Nonprofit Explorer. Efficiency Scores combine program spending ratio (50%), revenue growth (20%), reserve months (20%), and CEO compensation ratio (10%). Filing data may lag 6-18 months from the tax year.