Thedacare Medical Center-Waupaca Inc

Analysis

Thedacare Medical Center-Waupaca Inc is a registered charity in United States, based in Appleton, WI. It received its IRS tax-exemption ruling in October 1956, 70 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 Medical Center-Waupaca Inc reported income of $56.4m and spending of $46.5m, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $47.2m to $56.4m (+19%), an average of +4.5% 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, Thedacare Medical Center-Waupaca Inc sits at the 93rd percentile: it is larger than about 93% 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 Goshen Medical Center Incorporated ($56.4m), Windber Hospital Inc ($56.5m) and The Bellevue Hospital ($56.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 98% of the total. Other salaries and wages came to $17.2m. At year end it held assets of $140.7m against liabilities of $1.6m, net assets of $139.1m.