FROEDTERT MEMORIAL LUTHERAN HOSPITAL INC
9200 W WISCONSIN AVE, MILWAUKEE, WI · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $2,872,787,804 | $2,694,598,001 | $1,388,094,264 |
| FY2024 | $2,686,528,098 | $2,464,244,933 | $1,236,057,200 |
| FY2023 | $2,481,549,002 | $2,387,419,901 | $1,152,508,289 |
| FY2022 | $2,334,062,736 | $2,200,937,161 | $1,051,275,350 |
| FY2021 | $2,165,393,007 | $1,979,201,294 | $979,527,607 |
| FY2020 | $1,958,737,595 | $1,815,153,838 | $942,838,348 |
| FY2019 | $1,860,321,502 | $1,747,742,246 | $996,385,238 |
| FY2018 | $1,727,566,274 | $1,589,508,464 | $929,597,793 |
| FY2017 | $1,575,803,912 | $1,450,874,152 | $855,974,597 |
| FY2016 | $1,455,537,553 | $1,313,478,381 | $750,850,219 |
| FY2015 | $1,352,808,378 | $1,230,305,526 | $702,362,306 |
| FY2014 | $1,164,798,966 | $1,072,411,598 | $653,582,792 |
| FY2013 | $1,099,741,790 | $982,347,227 | $1,006,009,736 |
| FY2012 | $1,057,373,763 | $955,530,617 | $839,881,421 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $11,524,196 | 0% |
| Program service revenue | $2,757,914,449 | 100% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $2,257,526,621 | 84% |
| Management & general | $437,071,380 | 16% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 100% of total revenue in FY2025.
- Program services accounted for 84% of functional expenses, management & general 16%, and fundraising 0%.
- 84% of functional expenses went to program services in FY2025. That is higher than 52.2% of 138 Health Care organizations in WI.
- Net assets covered about 6.2 months of expenses at the end of the reporting year. That puts it in the 31st percentile among 420 Health Care organizations in WI.
- Total revenue was higher than 100.2% of 426 Health Care organizations in WI.
- Total revenue rose from $1,057,373,763 in FY2012 to $2,872,787,804 in FY2025, Revenue increased in 13 and decreased in 0 of 13 year-over-year comparisons.
- Revenue covered expenses in each of the 14 reported years, FY2012 to FY2025.
- Net assets grew from $839,881,421 to $1,388,094,264 between FY2012 and FY2025.
- Donations are generally tax-deductible (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
TO ADVANCE THE HEALTH OF OUR COMMUNITIES THROUGH EXCELLENCE AND DISCOVERY, INSPIRING EACH PERSON TO LIVE THEIR UNIQUE, BEST LIFE.
IRS status
| Ruling year | 1968 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | E21 — Health Care (in WI) |
| Donations | Donations are generally tax-deductible (public charity). |
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- UNIVERSITY OF WISCONSIN MEDICAL FOUNDATION INC — MIDDLETON, WI · $1,572,803,135
- MCHS HOSPITALS INC — MARSHFIELD, WI · $1,455,966,010
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded September 20, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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