University Of Chicago Medical Center: $2.9B Revenue, $2.7B 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. Total compensation for current officers and key employees was $20.3M (0.70% of revenue). NonprofitTruth efficiency grade: A (91/100).
Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.
Key Facts (2023 Form 990)
- Total Revenue
- $2.9B
- Total Expenses
- $2.7B
- Total Assets
- $4.4B
- Reserve Months
- 19.1 months
- Surplus / (Deficit)
- $151.8M
- EIN
- 363488183
- Latest 990 Year
- 2023
- Current-Officer Compensation
- $20.3M
- Officer Comp % of Revenue
- 0.70%
University Of Chicago Medical Center earns an A on the NonprofitTruth efficiency rubric — a top-tier rating that reflects healthy operating reserves, reasonable officer compensation, and steady multi-year revenue. The composite score of 91/100 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. On the reserves factor, University Of Chicago Medical Center scores well — assets relative to annual spending sit in the range nonprofit-finance experts consider healthy (roughly three months to two years of operating expenses).
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. Officer compensation is modest relative to organizational size: University Of Chicago Medical Center reports $20.3M in total compensation for current officers and key employees (Form 990 Part IX, line 5) against $2.9B in revenue. The ratio is well within the bands third-party charity raters consider reasonable at this scale. 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. The financial profile in this category is capital-intensive, with large balance sheets and program service revenue that often dwarfs donations.
How University Of Chicago Medical Center Compares
University Of Chicago Medical Center earns a NonprofitTruth efficiency grade of A (91/100). That is 13 points above the Health category average. Compensation for current officers and key employees represents 0.70% of total revenue. The organization holds 19.1 months of operating reserves, indicating strong financial cushion.
990 Financial Snapshot
Based on IRS tax-exempt organization data, University Of Chicago Medical Center reported $2.9B in revenue against $2.7B in total functional expenses for filing year 2023, holding roughly 19.1 months of operating reserves. A program-vs-overhead split is not shown here because total program service expenses (Form 990 Part IX, line 25, column B) are not available in the ProPublica Nonprofit Explorer feed this site ingests; that breakdown can be read directly from the organization’s e-filed 990.
The 990 reports $20.3M in total compensation for current officers, directors, trustees, and key employees (Part IX, line 5) — 0.70% of total revenue. This is an aggregate across all listed officers; per-person amounts appear on Schedule J.
Revenue History
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University Of Chicago Medical Center has a NonprofitTruth Efficiency Score of A (91/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.
University Of Chicago Medical Center, Donor FAQ
University Of Chicago Medical Center has a NonprofitTruth Efficiency Score of A (91/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.
University Of Chicago Medical Center reports $20.3M in total compensation for current officers, directors, trustees, and key employees (IRS Form 990 Part IX, line 5), representing 0.70% of the organization's $2.9B in annual revenue. This is an aggregate figure for all listed officers, not a single executive's salary; per-person pay is detailed on Schedule J of the 990.
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.
University Of Chicago Medical Center holds approximately 19.1 months of operating reserves (total assets relative to annual expenses) based on its 2023 IRS Form 990, one input into its A efficiency grade.
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.
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Financial data is sourced from IRS Form 990 filings via ProPublica Nonprofit Explorer. The Efficiency Score combines three signals the 990 feed actually reports: financial health / operating reserves (40%), multi-year revenue consistency (35%), and current-officer compensation relative to revenue (25%). It does not include a program-spending ratio, because total program service expenses are not exposed by the ProPublica feed; no program ratio is estimated. Filing data may lag 6-18 months from the tax year.