Thedacare Medical Center-Berlin Inc

Analysis

Thedacare Medical Center-Berlin Inc is a registered charity in United States, based in Appleton, WI. It received its IRS tax-exemption ruling in June 1937, 89 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, Thedacare Medical Center-Berlin Inc reported income of $56.0m and spending of $58.3m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $60.4m to $56.0m (-7.3%), an average of -1.9% a year. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Thedacare Medical Center-Berlin Inc sits at the 93rd percentile: it is larger than about 93% 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 Peninsula Community Health Services ($56.0m), Polk Medical Center Inc ($56.0m) and Parkinsons Foundation Inc ($56.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 99% of the total. Other salaries and wages came to $20.8m. At year end it held assets of $80.3m against liabilities of $2.5m, net assets of $77.8m.