Thedacare Medical Center-Shawano Inc

Analysis

Thedacare Medical Center-Shawano Inc is a registered charity in United States, based in Appleton, WI. It received its IRS tax-exemption ruling in February 1963, 63 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-Shawano Inc reported income of $92.2m and spending of $80.6m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $60.3m to $92.2m (+53%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 28%. Over the whole period it spent 86% 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-Shawano 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 Downtown Emergency Service Center ($92.2m), Community Hospital of Anaconda ($92.3m) and Easter Seals New Jersey Inc ($92.0m).

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 $33.4m. At year end it held assets of $122.1m against liabilities of $5.8m, net assets of $116.4m.