Benedictine Living Communities - Bismarck Inc

Analysis

Benedictine Living Communities - Bismarck Inc is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3).

In the financial year ending June 2023, Benedictine Living Communities - Bismarck Inc reported income of $18.2m and spending of $17.1m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $16.0m to $18.2m (+14%), an average of +3.3% a year. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Benedictine Living Communities - Bismarck Inc 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 97th percentile, and in the 97th percentile within MN. Charities of a similar size with the same main cause include Garvey Manor Nursing Home ($18.2m), Cape Fear Tutoring Inc ($18.2m) and Madelia Health ($18.2m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 98% of the total. Other salaries and wages came to $8.2m. At year end it held assets of $34.5m against liabilities of $30.8m, net assets of $3.7m. It reported 311 employees.