Southwest Health Center Inc

Analysis

Southwest Health Center Inc is a registered charity in United States, based in Platteville, WI. It received its IRS tax-exemption ruling in August 1981, 45 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 June 2023, Southwest Health Center Inc reported income of $112.6m and spending of $95.0m, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $78.0m to $112.6m (+44%), an average of +9.6% a year. Over the whole period it spent 86% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Southwest Health Center Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within WI. Charities of a similar size with the same main cause include Fenway Community Health Center Inc ($112.6m), University of Maryland Faculty Physicians Inc ($112.7m) and Upstate Cerebral Palsy Inc ($112.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.4% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $1.9m (2.0% of expenses). Other salaries and wages came to $40.6m. At year end it held assets of $156.2m against liabilities of $23.3m, net assets of $132.8m. It reported 625 employees.