My Choice Wisconsin Inc
Analysis
My Choice Wisconsin Inc is a registered charity in United States, based in Wauwatosa, WI. It received its IRS tax-exemption ruling in March 2017, 9 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, My Choice Wisconsin Inc reported income of $686.3m and spending of $525.0m, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $355.6m to $686.3m (+93%), an average of +18% a year. The sharpest change came in the year to December 2020, when income rose by 102%. Over the whole period it spent 92% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, My Choice Wisconsin Inc sits at the 99th percentile: it is larger than about 99% 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 Vitalant ($686.2m), Commonspirit Washington Community Care ($687.6m) and Mercy Health System Corporation ($685.9m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $2.1m (0.4% of expenses). Other salaries and wages came to $38.1m. At year end it held assets of $266.6m against liabilities of $0, net assets of $266.6m. It reported 1,247 employees.
Income and spending
Where the income comes from
- Contributions & grants 0.0%
- Program services 78%
- Other 22%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Vitalant | Scottsdale | $686.2m |
| Commonspirit Washington Community Care | Phoenix | $687.6m |
| Mercy Health System Corporation | Janesville | $685.9m |
| St Marys Health Inc Dba Ascension | Saint Louis | $688.9m |