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Eskenazi Medical Group Inc

RegisteredEIN 35-1693695Indianapolis, INHealth and saving lives
Income$64.9m2023-12
Spending$64.9msame year
Spent / received97%5-year average
Size in its cause94th pctHealth and saving lives
Exempt since1988Supporting organisation
Employees316latest return

Analysis

Eskenazi Medical Group Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in August 1988, 38 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, Eskenazi Medical Group Inc reported income of $64.9m and spending of $64.9m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $51.5m to $64.9m (+26%), an average of +6.0% a year. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Eskenazi Medical Group Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within IN. Charities of a similar size with the same main cause include Collier Health Services Inc ($64.7m), H B Magruder Memorial Hospital ($65.0m) and Marin Community Clinic ($64.6m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 97% of the total. Compensation of current officers, directors and key employees was $1.8m (2.7% of expenses). Other salaries and wages came to $47.3m. At year end it held assets of $63.4m against liabilities of $17.5m, net assets of $46.0m. It reported 316 employees.

Income and spending

$0$16.2m$32.5m$48.7m$64.9m2019 Income: $51,486,6962019 Spending: $51,532,94620192020 Income: $53,630,6802020 Spending: $51,830,41020202021 Income: $58,733,8182021 Spending: $56,046,76420212022 Income: $60,184,8002022 Spending: $56,671,17720222023 Income: $64,919,0802023 Spending: $64,921,0272023
IncomeSpending

Where the income comes from

  • Program services 97%
  • Other 3.3%

Similar-sized charities, same cause

CharityLocationIncome
Collier Health Services IncImmokalee$64.7m
H B Magruder Memorial HospitalPort Clinton$65.0m
Marin Community ClinicNovato$64.6m
Genesis Healthcare IncColumbia$65.0m