Thedacare Regional Medical Center - Neenah Inc

Analysis

Thedacare Regional Medical Center - Neenah Inc is a registered charity in United States, based in Appleton, WI. It received its IRS tax-exemption ruling in March 1935, 91 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 - Neenah Inc reported income of $255.0m and spending of $230.8m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $254.6m to $255.0m (+0.2%), an average of +0.0% a year. The sharpest change came in the year to December 2021, when income rose by 29%. Over the whole period it spent 83% 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 - Neenah Inc sits at the 97th percentile: it is larger than about 97% 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 Chi St Vincent Hospital Hot Springs ($254.8m), St Alexius Medical Center ($255.9m) and Mymichigan Medical Center Alpena ($254.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 98% of the total. Other salaries and wages came to $73.8m. At year end it held assets of $686.2m against liabilities of $8.2m, net assets of $678.0m.