MCHS Hospitals Inc

Analysis

MCHS Hospitals Inc is a registered charity in United States, based in Marshfield, WI. It received its IRS tax-exemption ruling in June 2016, 10 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 December 2023, MCHS Hospitals Inc reported income of $1.46bn and spending of $1.68bn, spending 115% of what it took in. Across the 6 years on record, from September 2019 to December 2023, income grew from $1.18bn to $1.46bn (+24%), an average of +4.3% a year. The sharpest change came in the year to December 2021, when income rose by 311%. 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, MCHS Hospitals Inc sits at the 99th percentile: it is one of the largest 1% in its cause. 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 Upmc ($1.45bn), Lancaster General Hospital ($1.47bn) and Forsyth Memorial Hospital Inc ($1.44bn).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.5% and program service revenue 100% of the total. Other salaries and wages came to $701.7m. At year end it held assets of $910.3m against liabilities of $982.6m, net assets of -$72.3m.