Milwaukee Health Services Inc

Analysis

Milwaukee Health Services Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in October 1991, 35 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 January 2024, Milwaukee Health Services Inc reported income of $24.6m and spending of $23.4m, spending 95% of its income. Across the 5 years on record, from January 2020 to January 2024, income grew from $20.3m to $24.6m (+21%), an average of +4.9% a year. The sharpest change came in the year to January 2021, when income rose by 44%. 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, Milwaukee Health Services Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within WI. Charities of a similar size with the same main cause include Baker Places Inc ($24.6m), Munson Home Care ($24.6m) and Scranton Counseling Center ($24.5m).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 35% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $906k (3.9% of expenses). Other salaries and wages came to $9.7m. At year end it held assets of $12.4m against liabilities of $5.3m, net assets of $7.1m. It reported 230 employees.