Benefis Medical Group Inc

Analysis

Benefis Medical Group 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 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, Benefis Medical Group Inc reported income of $98.1m and spending of $98.1m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $74.8m to $98.1m (+31%), an average of +7.0% a year. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Benefis Medical Group Inc sits at the 95th percentile: it is larger than about 95% 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 Neighborcare Health ($97.9m), Three Lower Counties Community Services Inc ($98.2m) and Lifeskills Inc ($97.9m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $8.3m (8.4% of expenses). Other salaries and wages came to $77.5m. At year end it held assets of $749.9m against liabilities of $750.1m, net assets of -$225k. It reported 361 employees.