St Croix Regional Medical Center

Analysis

St Croix Regional Medical Center is a registered charity in United States, based in St Croix FLS, WI. It received its IRS tax-exemption ruling in April 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, St Croix Regional Medical Center reported income of $71.1m and spending of $67.4m, spending 95% of its income. Across the 6 years on record, from June 2019 to December 2023, income fell from $124.6m to $71.1m (-43%), an average of -11% a year. The sharpest change came in the year to December 2023, when income dropped by 49%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, St Croix Regional Medical Center 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 University Pediatric Associates Inc ($71.0m), Doylestown Health Physicians ($71.2m) and Copa Health Inc ($71.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.6% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $567k (0.8% of expenses). Other salaries and wages came to $25.7m. At year end it held assets of $97.9m against liabilities of $16.1m, net assets of $81.9m. It reported 1,141 employees.