Community Memorial Hospital of Menomonee Falls Inc

Analysis

Community Memorial Hospital of Menomonee Falls Inc is a registered charity in United States, based in Menomonee FLS, WI. It received its IRS tax-exemption ruling in January 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 June 2023, Community Memorial Hospital of Menomonee Falls Inc reported income of $257.7m and spending of $283.7m, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $308.0m to $257.7m (-16%), an average of -4.4% a year. The sharpest change came in the year to June 2021, when income dropped by 16%. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Community Memorial Hospital of Menomonee Falls Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within WI. Charities of a similar size with the same main cause include Trihealth Physician Enterprises Corp ($257.5m), Gottlieb Community Health Services Corporation ($257.8m) and Ephraim McDowell Regional Medical C Enter ($257.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.0% and program service revenue 95% of the total. Other salaries and wages came to $103.4m. At year end it held assets of $121.6m against liabilities of $11.5m, net assets of $110.1m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.