Thedacare Regional Medical Center- Appleton Inc

Analysis

Thedacare Regional Medical Center- Appleton Inc is a registered charity in United States, based in Appleton, WI. It received its IRS tax-exemption ruling in November 1959, 67 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 Regional Medical Center- Appleton Inc reported income of $429.1m and spending of $370.3m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $320.1m to $429.1m (+34%), an average of +7.6% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 85% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Thedacare Regional Medical Center- Appleton Inc sits at the 98th percentile: it is larger than about 98% of them. 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 Baystate Medical Practices Inc ($429.1m), Beacon Kalamazoo Inc ($431.1m) and Piedmont Newnan Hospital Inc ($428.5m).

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 $97.7m. At year end it held assets of $815.3m against liabilities of $9.9m, net assets of $805.5m.