Aspirus Riverview Hospital & Clinics Inc

Analysis

Aspirus Riverview Hospital & Clinics Inc is a registered charity in United States, based in Wisc Rapids, WI. It received its IRS tax-exemption ruling in June 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 June 2023, Aspirus Riverview Hospital & Clinics Inc reported income of $173.5m and spending of $142.9m, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $154.8m to $173.5m (+12%), an average of +2.9% a year. 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, Aspirus Riverview Hospital & Clinics Inc sits at the 96th percentile: it is larger than about 96% 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 St Marys Regional Health Center ($172.9m), Community Health Center Incorporated ($173.5m) and Prima Medical Foundation ($172.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.0% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $477k (0.3% of expenses). Other salaries and wages came to $47.9m. At year end it held assets of $172.3m against liabilities of $41.5m, net assets of $130.7m. It reported 722 employees.