Aspirus Inc

Analysis

Aspirus Inc is a registered charity in United States, based in Wausau, WI. It received its IRS tax-exemption ruling in May 1979, 47 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 June 2023, Aspirus Inc reported income of $24.2m and spending of $877k, leaving 96% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $16.0m to $24.2m (+51%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 219%. Over the whole period it spent -10% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Aspirus Inc sits at the 90th percentile: it is larger than about 90% 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 Rape Abuse and Incest National Network Inc ($24.2m), Mohave Mental Health Clinic Inc ($24.2m) and St Thomas Community Health Center Inc ($24.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.1% and program service revenue 6.4% of the total. At year end it held assets of $991.3m against liabilities of $97.4m, net assets of $893.9m. It reported 2,319 employees.