Beaver Dam Community Hospitals Inc

Analysis

Beaver Dam Community Hospitals Inc is a registered charity in United States, based in Beaver Dam, WI. It received its IRS tax-exemption ruling in July 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 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, Beaver Dam Community Hospitals Inc reported income of $102.8m and spending of $135.3m, spending 132% of what it took in. Across the 6 years on record, from June 2019 to December 2023, income fell from $115.2m to $102.8m (-11%), an average of -2.3% a year. The sharpest change came in the year to December 2021, when income rose by 63%. Over the whole period it spent 108% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Beaver Dam Community Hospitals Inc sits at the 95th percentile: it is larger than about 95% 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 Ascension Via Christi Hospital Manhattan Inc ($102.7m), Joint Township District Memorial Hospital ($102.9m) and Southeast Florida Behavioral Health Network Inc ($102.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $378k (0.3% of expenses). Other salaries and wages came to $45.9m. At year end it held assets of $156.2m against liabilities of $49.5m, net assets of $106.7m.