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University of Louisville Physicians

Louisville, KY · EIN 27-3645560 · 501(c)(3) · Publicly supported organization (509(a)(2))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

University of Louisville Physicians reported $442.4 million in revenue and $580.9 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $85.75 went to program services, $14.25 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 88.6% of the total. The highest compensation it reported for one person was $2,751,526 (PLASTIC SURGEON/UOFL PROFESSOR). 1,035 people received more than $100,000 in reportable compensation. Revenue rose 72% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $581M

For context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $442M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,634 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
85.7%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
14.3%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
8.7%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.2%0.1%
Program service revenue share
Part VIII 2g ÷ 12
88.6%93.7%
Highest reported compensation
Part VII-A, columns D–F
$2,751,526$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.47%1.34%
People paid over $100,000
Part VII, line 2
1,03527
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
1.86.6
Independent voting board members
Part VI 1a–1b
0 of 1388.9%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$498M expenses · 100.0% of program spending · grants $2,824 · revenue $404M

Operation of clinical departments, in furtherance of the organization's and University of Louisville school of medicine's ("ulsm") mission to provide a variety of medical services, and broaden the skills and patient populations of ulsm to carry on research, teaching and patient care

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PLASTIC SURGEON/UOFL PROFESSOR
Highest compensated employee, 40.00 hrs/week
$2,698,271$27,571$25,684$2,751,526
SURGEON/UOFL PROFESSOR
Highest compensated employee, 40.00 hrs/week
$1,427,299$223,124$70,589$1,721,012
CARDIOLOGIST
Highest compensated employee, 40.00 hrs/week
$1,481,724$0$56,137$1,537,861
MEDICAL DIRECTOR/ORTHOPEDIC SURGEON
Highest compensated employee, 40.00 hrs/week
$1,466,339$0$56,137$1,522,476
CARDIOLOGIST
Highest compensated employee, 40.00 hrs/week
$1,389,446$0$45,000$1,434,446
CEO, UOFL HEALTH, INC
Officer, 3.00 hrs/week
$0$1,368,253$39,790$1,408,043
NEUROSURGERY (ULP AND JEWISH)/UOFL PROFESSOR
Former, 20.00 hrs/week
$187,760$1,035,069$61,813$1,284,642
CHAIR/SURGEON (BCC)/UOFL PROFESSOR
Director/trustee, officer, 1.00 hrs/week
$0$1,028,494$70,052$1,098,546

1,035 people received more than $100,000 in reportable compensation from University of Louisville Physicians (Part VII, line 2). Compensation of current officers, directors and key employees totaled $5.3M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$200M$400M$600M$800MFY2020FY2021FY2022FY2023FY2024FY2025$442M$581M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$442M$581M85.7%$86M$2,751,526
FY2024 ⓘ$414M$502M85.3%$122M$1,750,207
FY2023 ⓘ$354M$442M84.0%$90M$1,653,819
FY2022 ⓘ$299M$395M82.9%$56M$1,811,371
FY2021 ⓘ$292M$346M80.3%−$36M$1,265,706
FY2020 ⓘ$258M$287M85.7%$4.4M$1,135,430

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b13 · 0 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2Yes
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 53,633

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
EVETS ENTERPRISES LLC
Contract physician services
$655,417
RK REDDY LLC
Contract physician services
$336,960

Individuals listed as contractors are left out. 7 contractors were paid more than $100,000 in all.

Correct a figure or respond

Every number above is copied from University of Louisville Physicians's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for University of Louisville Physicians, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All health care charities · Largest charities in Kentucky

Questions people ask

How much of University of Louisville Physicians's spending goes to programs?

In the fiscal year ending June 30, 2025, University of Louisville Physicians reported that 85.7% of its $580.9 million in expenses went to program services, 14.3% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does University of Louisville Physicians pay its top executive?

The largest total compensation University of Louisville Physicians reported for one person in the fiscal year ending June 30, 2025 was $2,751,526, for the role of PLASTIC SURGEON/UOFL PROFESSOR (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does University of Louisville Physicians get its money?

Of $442.4 million in revenue in the fiscal year ending June 30, 2025, 8.7% came from contributions and grants (including 0.2% from government grants) and 88.6% from program service revenue (Form 990, Part VIII).

Is University of Louisville Physicians a registered charity?

The IRS lists EIN 27-3645560 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202641349349308599 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202531329349300338 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202431359349309258 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202331289349301013 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202241369349313524 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202131379349303793 · read the filing

All filings for EIN 27-3645560: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.