Door County Memorial Hospital

Analysis

Door County Memorial Hospital is a registered charity in United States, based in Sturgeon Bay, WI. It received its IRS tax-exemption ruling in October 1944, 82 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, Door County Memorial Hospital reported income of $113.6m and spending of $110.8m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $94.8m to $113.6m (+20%), an average of +4.6% a year. The sharpest change came in the year to June 2022, when income rose by 16%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Door County Memorial Hospital 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 Memorial Hospital ($113.5m), Mercy Aco Clinical Services Inc ($113.6m) and South Peninsula Hospital Inc ($113.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.9% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $2.4m (2.1% of expenses). Other salaries and wages came to $55.4m. At year end it held assets of $150.3m against liabilities of $18.4m, net assets of $131.9m. It reported 807 employees.