Milwaukee Regional Medical Center Inc

Analysis

Milwaukee Regional Medical Center Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in February 1972, 54 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Milwaukee Regional Medical Center Inc reported income of $6.2m and spending of $4.5m, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $13.4m to $6.2m (-54%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 54%. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Milwaukee Regional Medical Center Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within WI. Charities of a similar size with the same main cause include Sign Fracture Care International ($6.2m), Texas Hospital Association Foundation ($6.2m) and Marie Esther Health Center Inc ($6.2m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 82% of the total. Compensation of current officers, directors and key employees was $252k (5.5% of expenses). Other salaries and wages came to $447k. At year end it held assets of $89.3m against liabilities of $85.8m, net assets of $3.5m. It reported 47 employees.