Group Health Cooperative of South Central Wi

Analysis

Group Health Cooperative of South Central Wi is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in November 1983, 43 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, Group Health Cooperative of South Central Wi reported income of $531.6m and spending of $520.4m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $430.6m to $531.6m (+23%), an average of +5.4% a year. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Group Health Cooperative of South Central Wi sits at the 99th percentile: it is larger than about 98% 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 Tower Health ($531.6m), Sandhills Center for Mental Health Developmental Disabilities & Subst ($532.9m) and Tidalhealth Peninsula Regional Inc ($527.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.8% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $3.9m (0.7% of expenses). Other salaries and wages came to $52.0m. At year end it held assets of $137.8m against liabilities of $96.5m, net assets of $41.3m. It reported 910 employees.