Gundersen Lutheran Administrative Services Inc

Analysis

Gundersen Lutheran Administrative Services Inc is a registered charity in United States, based in LA Crosse, WI. It received its IRS tax-exemption ruling in June 1988, 38 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 September 2023, Gundersen Lutheran Administrative Services Inc reported income of $866.3m and spending of $823.4m, spending 95% of its income. Across the 5 years on record, from December 2019 to September 2023, income grew from $771.1m to $866.3m (+12%), an average of +3.0% a year. The sharpest change came in the year to December 2021, when income rose by 18%. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Gundersen Lutheran Administrative Services Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within WI. Charities of a similar size with the same main cause include South Miami Hospital Inc ($865.0m), Danbury Hospital ($872.4m) and Holmes Regional Medical Center ($864.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.1% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $1,000 (0.0% of expenses). Other salaries and wages came to $547.0m. At year end it held assets of $1.01bn against liabilities of $1.05bn, net assets of -$43.8m.