Tri-County Memorial Hospital Inc

Analysis

Tri-County Memorial Hospital Inc is a registered charity in United States, based in Whitehall, WI. It received its IRS tax-exemption ruling in June 1937, 89 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, Tri-County Memorial Hospital Inc reported income of $23.1m and spending of $26.0m, spending 113% of what it took in. Across the 5 years on record, from December 2019 to September 2023, income fell from $25.2m to $23.1m (-8.6%), an average of -2.2% a year. The sharpest change came in the year to September 2023, when income dropped by 22%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Tri-County Memorial Hospital Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within WI. Charities of a similar size with the same main cause include Mental Health Association in Tulsa Inc ($23.0m), Connecticut Community Care Inc ($23.1m) and Concepts of Independent Choices Inc ($23.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.5% and program service revenue 98% of the total. Other salaries and wages came to $9.4m. At year end it held assets of $67.2m against liabilities of $50.0m, net assets of $17.2m.