Reedsburg Area Medical Center Foundation Ltd

Analysis

Reedsburg Area Medical Center Foundation Ltd is a registered charity in United States, based in Reedsburg, WI. It received its IRS tax-exemption ruling in May 1976, 50 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Reedsburg Area Medical Center Foundation Ltd reported income of $866k and spending of $1.3m, spending 148% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $283k to $866k (+206%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 88%. Over the whole period it spent 147% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Reedsburg Area Medical Center Foundation Ltd sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within WI. Charities of a similar size with the same main cause include Hope Town Inc ($866k), Recovery House of Central Florida Inc ($867k) and Southeast Arizona Area Health Education Center Inc ($866k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 28% of the total. At year end it held assets of $2.1m against liabilities of $10k, net assets of $2.1m.