Froedtert Memorial Lutheran Hospital Trust

Analysis

Froedtert Memorial Lutheran Hospital Trust is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in August 1954, 72 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Froedtert Memorial Lutheran Hospital Trust reported income of $5.8m and spending of $5.8m, spending 101% of its income. The sharpest change came in the year to December 2021, when income rose by 2279%. Over the whole period it spent 60% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Froedtert Memorial Lutheran Hospital Trust sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within WI. Charities of a similar size with the same main cause include Lifescape Foundation ($5.8m), Coastal Mental Health Center Inc ($5.8m) and John 3 16 Ministries Inc ($5.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% of the total. Compensation of current officers, directors and key employees was $248k (4.2% of expenses). At year end it held assets of $89.5m against liabilities of $0, net assets of $89.5m.