Burnett Medical Center Inc

Analysis

Burnett Medical Center Inc is a registered charity in United States, based in Grantsburg, WI. It received its IRS tax-exemption ruling in May 1958, 68 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, Burnett Medical Center Inc reported income of $26.8m and spending of $26.8m, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $21.7m to $26.8m (+24%), an average of +5.5% a year. The sharpest change came in the year to September 2021, when income rose by 24%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Burnett Medical Center Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within WI. Charities of a similar size with the same main cause include West Valley Nursing Homes Inc ($26.8m), California Home for the Aged Inc ($26.8m) and Victory Programs Inc ($26.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 2.7% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $369k (1.4% of expenses). Other salaries and wages came to $10.2m. At year end it held assets of $23.0m against liabilities of $11.8m, net assets of $11.2m. It reported 253 employees.