Group Health Co-Operative of Eau Claire

Analysis

Group Health Co-Operative of Eau Claire is a registered charity in United States, based in Altoona, WI. It received its IRS tax-exemption ruling in September 1994, 32 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, Group Health Co-Operative of Eau Claire reported income of $248.6m and spending of $252.7m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $149.8m to $248.6m (+66%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Group Health Co-Operative of Eau Claire sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within WI. Charities of a similar size with the same main cause include St Charles Hospital Corp ($248.6m), Riddle Memorial Hospital ($248.7m) and Baptist Memorial Hospital-Golden Triangle Inc ($247.5m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $3.2m. At year end it held assets of $101.2m against liabilities of $48.0m, net assets of $53.2m. It reported 70 employees.