Madison Surgery Center Inc

Analysis

Madison Surgery Center Inc is a registered charity in United States, based in Middleton, WI. It received its IRS tax-exemption ruling in March 1999, 27 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 June 2023, Madison Surgery Center Inc reported income of $37.1m and spending of $26.5m, leaving 29% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $15.2m to $37.1m (+145%), an average of +25% a year. The sharpest change came in the year to June 2020, when income rose by 71%. Over the whole period it spent 74% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Madison Surgery Center Inc sits at the 92nd percentile: it is larger than about 92% 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 Central Mississippi Civic Improvement Association Inc ($37.1m), Neighborhood Health Center ($37.2m) and Beaumont Health Foundation ($37.1m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $200k (0.8% of expenses). Other salaries and wages came to $6.8m. At year end it held assets of $17.6m against liabilities of $2.8m, net assets of $14.7m.