St Josephs Community Hospital of West Bend Inc

Analysis

St Josephs Community Hospital of West Bend Inc is a registered charity in United States, based in West Bend, WI. It received its IRS tax-exemption ruling in September 1971, 55 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 June 2023, St Josephs Community Hospital of West Bend Inc reported income of $133.7m and spending of $149.3m, spending 112% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $154.1m to $133.7m (-13%), an average of -3.5% a year. Over the whole period it spent 104% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, St Josephs Community Hospital of West Bend 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 Kennedy Medical Group Practice PC ($133.7m), Childrens Hospital of Wisconsin Foundation Inc ($134.2m) and Avera Queen of Peace ($133.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.0% and program service revenue 93% of the total. Other salaries and wages came to $45.0m. At year end it held assets of $85.0m against liabilities of $5.9m, net assets of $79.2m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.