Aspirus Health Foundation Inc

Analysis

Aspirus Health Foundation Inc is a registered charity in United States, based in Wausau, 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 June 2023, Aspirus Health Foundation Inc reported income of $2.2m and spending of $1.7m, leaving 23% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $5.9m to $2.2m (-63%), an average of -22% a year. The sharpest change came in the year to June 2022, when income rose by 102%. Over the whole period it spent 63% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Aspirus Health Foundation Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within WI. Charities of a similar size with the same main cause include Arlington Pregnancy Center Inc ($2.2m), Washington Center for Nursing ($2.2m) and Cardiometabolic Center Alliance Inc ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 29% and program service revenue 4.8% of the total. Other salaries and wages came to $324k. At year end it held assets of $39.8m against liabilities of $9.1m, net assets of $30.6m.