Aspirus Medical Group Northern Wisconsin Inc

Analysis

Aspirus Medical Group Northern Wisconsin Inc is a registered charity in United States, based in Wausau, WI. It received its IRS tax-exemption ruling in February 2023, 3 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, Aspirus Medical Group Northern Wisconsin Inc reported income of $265k and spending of $22k, leaving 92% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $83.9m to $265k (-100%), an average of -76% a year. The sharpest change came in the year to June 2023, when income dropped by 96%. Over the whole period it spent 141% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Aspirus Medical Group Northern Wisconsin Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within WI. Charities of a similar size with the same main cause include Relevant Pregnancy Options Center ($265k), Adams County Medical Foundation Inc ($265k) and Larue County Geriatric Center Inc ($265k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 60% and program service revenue 40% of the total. At year end it held assets of $446k against liabilities of $124k, net assets of $322k.