Aspirus Eagle River Hospital Inc

Analysis

Aspirus Eagle River Hospital Inc is a registered charity in United States, based in Eagle River, WI. It received its IRS tax-exemption ruling in April 2023, 3 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 June 2023, Aspirus Eagle River Hospital Inc reported income of $17.6m and spending of $16.5m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $17.0m to $17.6m (+3.9%), an average of +1.0% a year. The sharpest change came in the year to June 2021, when income rose by 21%. Over the whole period it spent 89% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Aspirus Eagle River Hospital Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within WI. Charities of a similar size with the same main cause include Visiting Nurse Service and Hospice of Suffolk Inc ($17.6m), Life Management Center of Northwest Florida Inc ($17.6m) and Kittson Memorial Hospital Association ($17.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.9% and program service revenue 99% of the total. Other salaries and wages came to $7.4m. At year end it held assets of $8.2m against liabilities of $7.5m, net assets of $721k. It reported 73 employees.