Aspirus Stevens Point Hospital & Clinics Inc

Analysis

Aspirus Stevens Point Hospital & Clinics Inc is a registered charity in United States, based in Stevens Point, WI. It received its IRS tax-exemption ruling in April 2023, 3 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, Aspirus Stevens Point Hospital & Clinics Inc reported income of $145.5m and spending of $144.2m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $179.8m to $145.5m (-19%), an average of -5.2% 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, Aspirus Stevens Point Hospital & Clinics 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 Hughston Hospital Inc ($145.1m), Childrens Healthcare of Atlanta Inc ($145.6m) and Missouri Delta Medical Center ($145.0m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $735k (0.5% of expenses). Other salaries and wages came to $45.2m. At year end it held assets of $94.1m against liabilities of $61.7m, net assets of $32.5m. It reported 678 employees.