Prohealth Oconomowoc Memorial Hospital Inc

Analysis

Prohealth Oconomowoc Memorial Hospital Inc is a registered charity in United States, based in Waukesha, WI. It received its IRS tax-exemption ruling in June 1956, 70 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, Prohealth Oconomowoc Memorial Hospital Inc reported income of $131.6m and spending of $128.9m, spending 98% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $109.5m to $131.6m (+20%), an average of +4.7% a year. The sharpest change came in the year to September 2021, when income rose by 22%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Prohealth Oconomowoc Memorial Hospital 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 Tri-State Memorial Hospital ($131.5m), Jane Phillips Memorial Medical Center Inc ($131.6m) and Munson Healthcare Cadillac ($131.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.2% and program service revenue 100% of the total. Other salaries and wages came to $26.6m. At year end it held assets of $115.0m against liabilities of $110.8m, net assets of $4.2m. It reported 1,030 employees.