Benefis Health System Inc

Analysis

Benefis Health System Inc is a registered charity in United States, based in Great Falls, MT. It received its IRS tax-exemption ruling in March 2010, 16 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 under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Benefis Health System Inc reported income of $125.3m and spending of $113.7m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $69.7m to $125.3m (+80%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 101%. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Benefis Health System Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 100th percentile within MT. Charities of a similar size with the same main cause include Welia Health ($125.2m), Foundation Medical Partners Inc ($125.3m) and Upson County Hospital Inc ($125.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.3% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $5.6m (5.0% of expenses). Other salaries and wages came to $13.7m. At year end it held assets of $1.85bn against liabilities of $1.46bn, net assets of $394.1m. It reported 237 employees.