Milwaukee Regional Medical Center Water Service Inc

Analysis

Milwaukee Regional Medical Center Water Service Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in July 2019, 7 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 (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Milwaukee Regional Medical Center Water Service Inc reported income of $4.3m and spending of $3.5m, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $555k to $4.3m (+673%), an average of +67% a year. The sharpest change came in the year to December 2020, when income rose by 404%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Milwaukee Regional Medical Center Water Service Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within WI. Charities of a similar size with the same main cause include Advanced Teaching Concepts Inc ($4.3m), Clinical Directors Network Inc ($4.3m) and Midwest Athletes Against Childhood Cancer Inc ($4.3m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $12.2m against liabilities of $11.4m, net assets of $790k.