Fort Healthcare Inc

Analysis

Fort Healthcare Inc is a registered charity in United States, based in Fort Atkinson, WI. It received its IRS tax-exemption ruling in January 1944, 82 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 September 2023, Fort Healthcare Inc reported income of $150.6m and spending of $144.9m, spending 96% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $135.0m to $150.6m (+12%), an average of +2.8% a year. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Fort Healthcare Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within WI. Charities of a similar size with the same main cause include Reynolds Memorial Hospital Inc ($150.4m), St Josephs Medical PC ($151.0m) and Saint Anthony Hospital ($150.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.3% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $5.2m (3.6% of expenses). Other salaries and wages came to $56.6m. At year end it held assets of $247.5m against liabilities of $57.2m, net assets of $190.3m. It reported 1,065 employees.