Markesan Resident Home Incorporated

Analysis

Markesan Resident Home Incorporated is a registered charity in United States, based in Markesan, WI. It received its IRS tax-exemption ruling in June 1986, 40 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Markesan Resident Home Incorporated reported income of $8.1m and spending of $6.8m, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.4m to $8.1m (+27%), an average of +6.2% a year. The sharpest change came in the year to December 2023, when income rose by 36%. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Markesan Resident Home Incorporated sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within WI. Charities of a similar size with the same main cause include Child Mind Medical Practice PLLC ($8.1m), Eagles Autism Challenge Inc ($8.1m) and Newport Hospital Foundation Inc ($8.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 84% of the total. Other salaries and wages came to $3.4m. At year end it held assets of $6.9m against liabilities of $2.6m, net assets of $4.3m. It reported 144 employees.