Gundersen Lutheran Medical Foundation Inc

Analysis

Gundersen Lutheran Medical Foundation Inc is a registered charity in United States, based in LA Crosse, WI. It received its IRS tax-exemption ruling in January 1977, 49 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Gundersen Lutheran Medical Foundation Inc reported income of $23.5m and spending of $25.3m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to September 2023, income fell from $31.6m to $23.5m (-26%), an average of -7.1% a year. The sharpest change came in the year to December 2021, when income rose by 75%. Over the whole period it spent 84% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Gundersen Lutheran Medical Foundation Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within WI. Charities of a similar size with the same main cause include Sisters of St Mary of Oregon Maryville Corporation ($23.5m), Life Pace Inc ($23.5m) and Hacienda Inc ($23.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 58% and program service revenue 37% of the total. At year end it held assets of $81.0m against liabilities of $4.9m, net assets of $76.1m.