Gundersen Clinic Ltd

Analysis

Gundersen Clinic Ltd is a registered charity in United States, based in LA Crosse, WI. It received its IRS tax-exemption ruling in February 1989, 37 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, Gundersen Clinic Ltd reported income of $160.3m and spending of $227.8m, spending 142% of what it took in. Across the 5 years on record, from December 2019 to September 2023, income fell from $164.2m to $160.3m (-2.4%), an average of -0.6% a year. The sharpest change came in the year to September 2023, when income dropped by 21%. Over the whole period it spent 146% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Gundersen Clinic Ltd 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 100th percentile, and in the 100th percentile within WI. Charities of a similar size with the same main cause include Columbus Community Hospital Inc ($160.2m), Mymichigan Medical Center Alma ($160.9m) and Lehigh Valley Hospital-Hazleton ($160.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.5% and program service revenue 99% of the total. At year end it held assets of $218.3m against liabilities of $958.1m, net assets of -$739.8m.

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.