Shullsburg Memorial Hospital Assn

Analysis

Shullsburg Memorial Hospital Assn is a registered charity in United States, based in Shullsburg, WI. It received its IRS tax-exemption ruling in March 1953, 73 years ago. 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, Shullsburg Memorial Hospital Assn reported income of $382k and spending of $459k, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $347k to $382k (+10%), an average of +2.4% a year. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Shullsburg Memorial Hospital Assn 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 66th percentile, and in the 66th percentile within WI. Charities of a similar size with the same main cause include Columbia Classical Ballet Co ($382k), Swim Team of Placentia ($382k) and Amity Charitable Trust Fund ($382k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.1% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $49k (11% of expenses). Other salaries and wages came to $250k. At year end it held assets of $252k against liabilities of $0, net assets of $252k. It reported 18 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.