Winona Health Services

Analysis

Winona Health Services is a registered charity in United States, based in Winona, MN. It received its IRS tax-exemption ruling in March 1935, 91 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 September 2023, Winona Health Services reported income of $111.1m and spending of $122.2m, spending 110% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $108.5m to $111.1m (+2.4%), an average of +0.6% a year. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Winona Health Services sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within MN. Charities of a similar size with the same main cause include Baylor Scott & White Holdings ($111.0m), Phoebe Sumter Medical Center Inc ($111.3m) and Spectrum Health Systems Inc ($110.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 1.0% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $4.8m (3.9% of expenses). Other salaries and wages came to $49.3m. At year end it held assets of $116.4m against liabilities of $61.3m, net assets of $55.1m. It reported 1,020 employees.