Pennington Health Services

Analysis

Pennington Health Services is a registered charity in United States, based in Thief RVR FLS, MN. It received its IRS tax-exemption ruling in June 2007, 19 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Pennington Health Services reported income of $8.6m and spending of $7.3m, spending 86% of its income. Across the 6 years on record, from June 2019 to September 2023, income grew from $6.8m to $8.6m (+25%), an average of +4.6% a year. The sharpest change came in the year to September 2020, when income rose by 304%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Pennington Health Services sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within MN. Charities of a similar size with the same main cause include United Needs and Abilities Inc ($8.6m), Northern Tier Counseling Inc ($8.6m) and Bethany Home Inc ($8.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.0% and program service revenue 97% of the total. Other salaries and wages came to $3.7m. At year end it held assets of $12.3m against liabilities of $9.4m, net assets of $2.9m. It reported 134 employees.