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University of Chicago Medical Center

Chicago, IL · EIN 36-3488183 · 501(c)(3) · Hospital or medical research organization
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

University of Chicago Medical Center reported $3.57 billion in revenue and $3.40 billion in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $92.08 went to program services, $7.92 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: 98.1% of the total. The highest compensation it reported for one person was $3,295,016 (TRUSTEE EX OFFICIO/EVP MED AFFAIRS,DEAN, BSD & PRITZKER SCHOOL OF MEDICINE). 3,208 people received more than $100,000 in reportable compensation. Revenue rose 60% 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 $3.40B

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 $3.57B

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)
92.1%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
7.9%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
0.7%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.1%
Program service revenue share
Part VIII 2g ÷ 12
98.1%93.7%
Highest reported compensation
Part VII-A, columns D–F
$3,295,016$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.10%1.34%
People paid over $100,000
Part VII, line 2
3,20827
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
10.06.6
Independent voting board members
Part VI 1a–1b
50 of 5588.9%

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
$2.23B expenses · 71.2% of program spending · revenue $2.35B

THE UNIVERSITY OF CHICAGO MEDICAL CENTER ("UCMC") IS A NATIONALLY RECOGNIZED LEADER IN PATIENT CARE, RESEARCH AND MEDICAL EDUCATION. RENOWNED FOR TREATING SOME OF THE MOST COMPLEX MEDICAL CASES, UCMC BRINGS THE VERY LATEST MEDICAL TREATMENTS TO PATIENTS IN CHICAGO'S SOUTH SIDE COMMUNITY, AND THROUGHOUT THE WORLD. IN THIS WAY, UCMC FURTHERS ITS COMMITMENT TO PATIENT CARE, CLINICAL PRACTICE AND COMMUNITY HEALTH. UCMC PARTNERS WITH THE UNIVERSITY OF CHICAGO PHYSICIANS GROUP AND THE PRITZKER SCHOOL OF MEDICINE TO EDUCATE THE NEXT GENERATION OF PHYSICIANS AND OTHER HEALTH CARE PROFESSIONALS. UCMC…

$765M expenses · 24.4% of program spending · revenue $644M

The pharmacy provides services to both our inpatients and outpatients, including employees and students of ucmc and the University of Chicago. The outpatient pharmacy is located in the duchossois center for advanced medicine (dcam) and ucmc pharmacy services is located in calumet city, il. Both locations can be reached 24/7 via telephone. The pharmacy also provides adult infusion services at our six infusion center locations (hyde park, orland park, river east, silver cross, northbrook, and crown point). The inpatient pharmacy is open 24/7 and dispenses approximately 453,000 medications per…

$109M expenses · 3.5% of program spending · revenue $327M

As a core component of the world-renowned uchicago medicine, uchicago medical laboratories provides access to a full range of diagnostic services in clinical, anatomic, and genomic and molecular pathology, including specialized and esoteric testing. We also offer extensive consultation services through uchicago medicine's clinical practices, which include more than 75 physicians and scientists. Our knowledgeable and highly professional staff serve uchicago medicine entities, managed care organizations, non-affiliated hospitals, outpatient clinics, and private physicians' offices. We have a…

$29M all other programs (line 4d)

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
TRUSTEE EX OFFICIO/EVP MED AFFAIRS,DEAN, BSD & PRITZKER SCHOOL OF MEDICINE
Director/trustee, officer, 20.0 hrs/week
$0$3,233,711$61,305$3,295,016
PRESIDENT UCHS
Director/trustee, officer, 40.0 hrs/week
$2,771,431$0$398,244$3,169,675
FORMER EVP & CHIEF OPERATING OFFICER (THRU 2/1/24)
Former, 0.0 hrs/week
$2,474,057$0$24,300$2,498,357
TRUSTEE EX OFFICIO
Director/trustee, 16.0 hrs/week
$0$2,031,564$51,177$2,082,741
EVP, CHIEF FINANCIAL OFFICER (THRU 12/31/24)
Officer, 40.0 hrs/week
$1,795,872$0$252,606$2,048,478
EVP, CHIEF OPERATING OFFICER - UCHICAGO MEDICINE HEALTH SYSTEM
Officer, 40.0 hrs/week
$1,694,500$0$237,452$1,931,952
EVP AND CHIEF GROWTH OFFICER
Officer, 40.0 hrs/week
$1,176,534$0$189,822$1,366,356
TRUSTEE EX OFFICIO
Director/trustee, 1.0 hrs/week
$0$1,096,988$53,944$1,150,932

3,208 people received more than $100,000 in reportable compensation from University of Chicago Medical Center (Part VII, line 2). Compensation of current officers, directors and key employees totaled $25M (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$1.00B$2.00B$3.00B$4.00BFY2020FY2021FY2022FY2023FY2024FY2025$3.57B$3.40B
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$3.57B$3.40B92.1%$2.82B$3,295,016
FY2024 ⓘ$3.21B$2.94B90.7%$2.61B$3,820,320
FY2023 ⓘ$2.89B$2.73B91.1%$2.34B$3,422,940
FY2022 ⓘ$2.65B$2.44B90.3%$2.34B$4,013,679
FY2021 ⓘ$2.47B$2.24B91.7%$2.37B$3,009,549
FY2020 ⓘ$2.23B$2.09B92.7%$1.88B$3,111,160

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–1b55 · 50 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 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 513,722
  • Volunteers Part I, line 6598

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
THE UNIVERSITY OF CHICAGO
Physician Services
$607,666,962
TURNER CONSTRUCTION COMPANY
Construction Services
$80,570,651
TRIMEDX
Healthcare support services
$25,042,201
US NURSING CORPORATION
Svcs - Contracted Svcs
$18,188,408
AHEAD INC
IT Services
$11,477,796

Individuals listed as contractors are left out. 436 contractors were paid more than $100,000 in all.

Private foundation grants it received

12 private foundations reported grants to University of Chicago Medical Center totaling $1.1M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from University of Chicago Medical Center'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 Chicago Medical Center, you can publish a response that is linked from this page.

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Questions people ask

How much of University of Chicago Medical Center's spending goes to programs?

In the fiscal year ending June 30, 2025, University of Chicago Medical Center reported that 92.1% of its $3.40 billion in expenses went to program services, 7.9% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does University of Chicago Medical Center pay its top executive?

The largest total compensation University of Chicago Medical Center reported for one person in the fiscal year ending June 30, 2025 was $3,295,016, for the role of TRUSTEE EX OFFICIO/EVP MED AFFAIRS,DEAN, BSD & PRITZKER SCHOOL OF MEDICINE (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does University of Chicago Medical Center get its money?

Of $3.57 billion in revenue in the fiscal year ending June 30, 2025, 0.7% came from contributions and grants and 98.1% from program service revenue (Form 990, Part VIII).

Is University of Chicago Medical Center a registered charity?

The IRS lists EIN 36-3488183 as a 501(c)(3) organization (hospital or medical research organization), 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 202601349349304525 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202521359349308107 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202401349349307155 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202311309349302281 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202241339349303234 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202141349349305579 · read the filing

All filings for EIN 36-3488183: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.