Moundview Memorial Hospital & Clinics Inc

Analysis

Moundview Memorial Hospital & Clinics Inc is a registered charity in United States, based in Friendship, WI. It received its IRS tax-exemption ruling in May 1961, 65 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Moundview Memorial Hospital & Clinics Inc reported income of $25.5m and spending of $24.2m, spending 95% of its income. Across the 5 years on record, from December 2019 to September 2023, income grew from $18.8m to $25.5m (+36%), an average of +8.0% a year. The sharpest change came in the year to December 2021, when income rose by 26%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Moundview Memorial Hospital & Clinics 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 Heartland Community Health Clinic ($25.5m), Jewish Rehabilitation Center for Aged of the North Shore Inc ($25.6m) and Northern Riverview Health Care Center Inc ($25.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.4% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $167k (0.7% of expenses). Other salaries and wages came to $6.6m. At year end it held assets of $21.0m against liabilities of $2.7m, net assets of $18.3m.