Froedtert West Bend Hospital Foundation Inc

Analysis

Froedtert West Bend Hospital Foundation Inc is a registered charity in United States, based in West Bend, WI. It received its IRS tax-exemption ruling in December 2001, 25 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Froedtert West Bend Hospital Foundation Inc reported income of $1.0m and spending of $552k, leaving 46% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.0m to $1.0m (-49%), an average of -15% a year. The sharpest change came in the year to June 2022, when income dropped by 30%. Over the whole period it spent 32% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Froedtert West Bend Hospital Foundation Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within WI. Charities of a similar size with the same main cause include Alport Syndrome Foundation Inc ($1.0m), Kirk H and Joann P Gibson Family Foundation for Parkinsons Research ($1.0m) and Serenity and Wellness Clinic ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% of the total. Other salaries and wages came to $185k. At year end it held assets of $23.3m against liabilities of $402k, net assets of $22.9m.