Maple Grove Hospital Corporation

Analysis

Maple Grove Hospital Corporation is a registered charity in United States, based in Maple Grove, MN. It received its IRS tax-exemption ruling in April 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 hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Maple Grove Hospital Corporation reported income of $274.3m and spending of $237.7m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $210.3m to $274.3m (+30%), an average of +6.9% a year. Over the whole period it spent 85% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Maple Grove Hospital Corporation sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within MN. Charities of a similar size with the same main cause include Clinical Care Associates of the University of Pennsylvania Health ($274.2m), Adventist Health System Georgia Inc ($274.5m) and Central Vermont Medical Center Inc HCSR ($274.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.7% and program service revenue 99% of the total. Other salaries and wages came to $101.4m. At year end it held assets of $157.8m against liabilities of $120.4m, net assets of $37.4m. It reported 1,468 employees.