Froedtert & the Medical College of Wisconsin Community Physicians Inc

Analysis

Froedtert & the Medical College of Wisconsin Community Physicians Inc is a registered charity in United States, based in Menomonee Falls, WI. It received its IRS tax-exemption ruling in October 2013, 13 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Froedtert & the Medical College of Wisconsin Community Physicians Inc reported income of $371.3m and spending of $371.3m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $276.9m to $371.3m (+34%), an average of +7.6% a year. The sharpest change came in the year to June 2021, when income rose by 18%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Froedtert & the Medical College of Wisconsin Community Physicians Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within WI. Charities of a similar size with the same main cause include Holy Redeemer Health System ($370.8m), Allen Memorial Hospital Corporation ($371.7m) and Family Health Centers of San Diego Inc ($369.8m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 88% of the total. Compensation of current officers, directors and key employees was $2.4m (0.6% of expenses). Other salaries and wages came to $194.4m. At year end it held assets of $110.2m against liabilities of $42.6m, net assets of $67.6m. It reported 2,728 employees.