Medical Services Inc

Analysis

Medical Services Inc is a registered charity in United States, based in Hayward, WI. It received its IRS tax-exemption ruling in July 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 hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Medical Services Inc reported income of $86.9m and spending of $81.6m, spending 94% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $61.4m to $86.9m (+42%), an average of +9.1% a year. 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, Medical Services 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 Health Quality Partners of Southern California ($86.7m), Weeks Medical Center ($86.9m) and St Marys Medical Group LLC ($86.6m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 0.1% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $1.1m (1.4% of expenses). Other salaries and wages came to $33.9m. At year end it held assets of $127.2m against liabilities of $22.0m, net assets of $105.2m. It reported 596 employees.