Froedtert Hospital Foundation Inc

Analysis

Froedtert Hospital Foundation Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in August 2021, 5 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, Froedtert Hospital Foundation Inc reported income of $4.5m and spending of $1.9m, leaving 58% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.9m to $4.5m (+55%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 106%. Over the whole period it spent 64% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Froedtert Hospital Foundation Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within WI. Charities of a similar size with the same main cause include The Renaissance ($4.5m), Hope for Haitis Children Ministries Inc ($4.5m) and Waterbury Ambulance Service Inc ($4.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 80% of the total. At year end it held assets of $30.7m against liabilities of $165k, net assets of $30.5m.