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Wisconsin · Nonprofit

Froedtert ThedaCare Health Inc

Froedtert ThedaCare Health Inc (Wisconsin) receives grants from 1 organization whose IRS filings report $172,047 to it, the largest being American Heart Association Inc ($172,047). 1 of them have funded it in more than one year.

$1.4B
Revenue FY2025
1
Funders on record
$172k
Grants received
$4.1B
Net assets
1/1 repeat funderspeak grant-dependency 0%

Against its field

Froedtert ThedaCare Health Inc has grown faster than three-quarters of the 877 health nonprofits its size.

Operating margin7% · above the median
Months of reserve1.4mo · above the median
Revenue growth (annualized)13% · top quartile

this organization peer median middle 50% of peers· 877 health nonprofits over $100M, FY2025

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($491M) Expenses 100 ($444M) Net assets 100 ($961M)2018 Revenue 114 ($562M) Expenses 110 ($487M) Net assets 115 ($1.1B)2019 Revenue 122 ($599M) Expenses 118 ($524M) Net assets 127 ($1.2B)2020 Revenue 137 ($675M) Expenses 140 ($620M) Net assets 150 ($1.4B)2021 Revenue 179 ($881M) Expenses 178 ($789M) Net assets 202 ($1.9B)2022 Revenue 195 ($956M) Expenses 190 ($844M) Net assets 194 ($1.9B)2023 Revenue 224 ($1.1B) Expenses 223 ($990M) Net assets 211 ($2.0B)2024 Revenue 564 ($2.8B) Expenses 269 ($1.2B) Net assets 435 ($4.2B)2025 Revenue 275 ($1.4B) Expenses 282 ($1.2B) Net assets 428 ($4.1B)
'17'18'19'20'21'22'23'24'25
Revenue (275)Expenses (282)Net assets (428)Peer revenue range

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

0% of Froedtert ThedaCare Health Inc’s revenue is contributions — more earned-revenue than three-quarters of its peers (1% for the typical peer).

This organization
Typical peer · 2,195 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.

$48M
17
$75M
18
$75M
19
$55M
20
$92M
21
$112M
22
$111M
23
$1.6B
24
$101M
25
1.4
months of
reserve
02Who funds it

Who funds it, year by year

2020 → 2023: the base held at 1 funder, grant income rose $24k → $36k.

Funder
'20
'21
'22
'23
'24*
'25*
total
funders
1
1
1
1
1
1

From the IRS filings of Froedtert ThedaCare Health Inc’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

Froedtert ThedaCare Health Inc draws 100% of its grant income from funders outside Wisconsin, across 1 state in all.

TX

In-state vs out-of-state, by year

20
21
22
23
Wisconsin out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Organizations like Froedtert ThedaCare Health Inc

Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Wisconsin

Nationally

04Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

94% of spending goes to programs.

Program 94%Management 6%Fundraising 0%

Governance

17
board members
94%
independent
Conflict-of-interest policyWhistleblower policyDocument retentionBoard reviewed the 990Audited financials

Footprint & structure

Files a return copy in 1 state

WI

Part of a family of 51 related entities

  • Inception Health LLC · disregarded
  • Integrated Holdings LLC · disregarded
  • Froedtert Health Pharmacy Solutions LLC · disregarded
  • Inception Health Operations LLC · disregarded
  • Inception Health Investments LLC · disregarded

Screen this organization

A dated, signed PDF of the compliance screen for Froedtert ThedaCare Health Inc: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Froedtert ThedaCare Health Inc?
Froedtert ThedaCare Health Inc (Wisconsin) receives grants from 1 organization whose IRS filings report $172,047 to it, the largest being American Heart Association Inc ($172,047). 1 of them have funded it in more than one year.
How many funders does Froedtert ThedaCare Health Inc have?
IRS filings report 1 organization giving $172,047 in grants to Froedtert ThedaCare Health Inc, 1 of which have funded it in more than one year.
Who is the largest funder of Froedtert ThedaCare Health Inc?
American Heart Association Inc is the largest funder on record, with $172,047 in grants. The full list of funders is on this page.
How can an organization like Froedtert ThedaCare Health Inc find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Wisconsin. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 1funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported August 27, 2026. What this page cannot tell you · view filing