Gundersen Lutheran Medical Center Inc

Analysis

Gundersen Lutheran Medical Center Inc is a registered charity in United States, based in LA Crosse, WI. It received its IRS tax-exemption ruling in June 1949, 77 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 September 2023, Gundersen Lutheran Medical Center Inc reported income of $1.11bn and spending of $1.11bn, spending 99% of its income. Across the 5 years on record, from December 2019 to September 2023, income fell from $1.28bn to $1.11bn (-13%), an average of -3.3% a year. The sharpest change came in the year to September 2023, when income dropped by 19%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Gundersen Lutheran Medical Center Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within WI. Charities of a similar size with the same main cause include McLeod Regional Medical Center of the Pee Dee Inc ($1.11bn), Southcoast Hospitals Group Inc ($1.12bn) and Saint Thomas West Hospital ($1.11bn).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.2% and program service revenue 100% of the total. At year end it held assets of $1.97bn against liabilities of $14.0m, net assets of $1.96bn.