Ripon Medical Center Inc

Analysis

Ripon Medical Center Inc is a registered charity in United States, based in Ripon, WI. It received its IRS tax-exemption ruling in January 1969, 57 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, Ripon Medical Center Inc reported income of $32.7m and spending of $33.3m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $30.0m to $32.7m (+8.9%), an average of +2.1% 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, Ripon Medical Center Inc sits at the 91st percentile: it is larger than about 91% 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 Childrens Hospital Opthalmology Foundation Inc ($32.7m), Gracemed Health Clinic Inc ($32.7m) and Valley Citizens Foundation for Health Care Inc ($32.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.0% and program service revenue 98% of the total. Other salaries and wages came to $13.1m. At year end it held assets of $30.6m against liabilities of $9.9m, net assets of $20.7m.