Ladd Memorial Hospital

Analysis

Ladd Memorial Hospital is a registered charity in United States, based in Osceola, WI. It received its IRS tax-exemption ruling in August 1958, 68 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 December 2023, Ladd Memorial Hospital reported income of $59.3m and spending of $50.4m, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $39.1m to $59.3m (+51%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 37%. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ladd Memorial Hospital sits at the 94th percentile: it is larger than about 94% 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 Hiv-Aids Alliance for Region Two ($59.2m), Southlake Tri-City Management Corp ($59.3m) and John Muir Behavioral Health ($59.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.4% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $1.2m (2.5% of expenses). Other salaries and wages came to $15.8m. At year end it held assets of $64.6m against liabilities of $15.4m, net assets of $49.2m. It reported 354 employees.