Winneshiek Medical Center Foundation

Analysis

Winneshiek Medical Center Foundation is a registered charity in United States, based in Decorah, IA. It received its IRS tax-exemption ruling in July 1985, 41 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Winneshiek Medical Center Foundation reported income of $542k and spending of $648k, spending 120% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $270k to $542k (+101%), an average of +26% a year. The sharpest change came in the year to June 2021, when income rose by 141%. Over the whole period it spent 56% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Winneshiek Medical Center Foundation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 74th percentile within IA. Charities of a similar size with the same main cause include Community Hope Christian Counseling and Mental Health Center ($542k), Parkinson Place Inc ($542k) and Terri Brodeur Breast Cancer Foundation Inc ($542k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $2.4m against liabilities of $0, net assets of $2.4m.