Flambeau Hospital Inc

Analysis

Flambeau Hospital Inc is a registered charity in United States, based in Park Falls, WI. It received its IRS tax-exemption ruling in August 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 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, Flambeau Hospital Inc reported income of $41.3m and spending of $37.4m, spending 91% of its income. Across the 6 years on record, from June 2019 to December 2023, income grew from $24.4m to $41.3m (+69%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 115%. Over the whole period it spent 87% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Flambeau Hospital Inc sits at the 92nd percentile: it is larger than about 92% 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 United Home Care Services Inc ($41.3m), Planned Parenthood of Northern Central and Southern New Jersey in ($41.3m) and Cedars-Sinai Health System ($41.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.3% and program service revenue 100% of the total. Other salaries and wages came to $16.3m. At year end it held assets of $33.3m against liabilities of $1.6m, net assets of $31.8m.