Aspirus Merrill Hospital & Clinics Inc

Analysis

Aspirus Merrill Hospital & Clinics Inc is a registered charity in United States, based in Merrill, WI. It received its IRS tax-exemption ruling in January 1979, 47 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 Merrill Hospital & Clinics Inc reported income of $27.4m and spending of $23.5m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $17.4m to $27.4m (+57%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 27%. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Aspirus Merrill Hospital & Clinics Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within WI. Charities of a similar size with the same main cause include Calais Community Hospital ($27.4m), Teton Valley Health Care Inc ($27.4m) and Huntsman Cancer Foundation ($27.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.8% and program service revenue 99% of the total. Other salaries and wages came to $8.9m. At year end it held assets of $13.0m against liabilities of $10.3m, net assets of $2.7m. It reported 109 employees.