Tomah Memorial Hospital Inc

Analysis

Tomah Memorial Hospital Inc is a registered charity in United States, based in Tomah, WI. It received its IRS tax-exemption ruling in November 1954, 72 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, Tomah Memorial Hospital Inc reported income of $86.1m and spending of $78.9m, spending 92% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $62.7m to $86.1m (+37%), an average of +8.2% a year. The sharpest change came in the year to September 2021, when income rose by 25%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Tomah Memorial Hospital Inc sits at the 95th percentile: it is larger than about 95% 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 Rutland Nursing Home Inc ($86.0m), Texas Medical Center Central Heat and Cooling Services Corp ($86.1m) and New York Ehealth Collaborative Inc ($86.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 2.9% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $561k (0.7% of expenses). Other salaries and wages came to $28.5m. At year end it held assets of $129.6m against liabilities of $45.3m, net assets of $84.3m. It reported 518 employees.