Stoughton Hospital Association

Analysis

Stoughton Hospital Association is a registered charity in United States, based in Stoughton, WI. It received its IRS tax-exemption ruling in November 1937, 89 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, Stoughton Hospital Association reported income of $69.3m and spending of $57.2m, spending 83% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $50.7m to $69.3m (+37%), an average of +8.1% a year. The sharpest change came in the year to September 2021, when income rose by 29%. Over the whole period it spent 86% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Stoughton Hospital Association sits at the 94th percentile: it is larger than about 94% 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 Valley Health Systems Inc ($69.3m), The Menninger Clinic ($69.4m) and Penn State Health Lancaster Medical Center ($69.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 1.1% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $2.6m (4.5% of expenses). Other salaries and wages came to $19.4m. At year end it held assets of $103.7m against liabilities of $14.7m, net assets of $88.9m. It reported 419 employees.