Mile Bluff Medical Center Inc

Analysis

Mile Bluff Medical Center Inc is a registered charity in United States, based in Mauston, WI. It received its IRS tax-exemption ruling in August 1963, 63 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, Mile Bluff Medical Center Inc reported income of $116.7m and spending of $117.3m, spending 101% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $91.1m to $116.7m (+28%), an average of +6.4% a year. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mile Bluff Medical Center Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within WI. Charities of a similar size with the same main cause include Project Renewal Inc ($116.5m), Nathan Littauer Hospital Association ($117.1m) and St Nicholas Hospital of the Hospital Sisters of the Third ($116.2m).

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 $2.9m (2.5% of expenses). Other salaries and wages came to $53.2m. At year end it held assets of $114.3m against liabilities of $70.0m, net assets of $44.3m. It reported 918 employees.