Allina Health System

Analysis

Allina Health System is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in March 1984, 42 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, Allina Health System reported income of $5.38bn and spending of $5.58bn, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.66bn to $5.38bn (+16%), an average of +3.7% a year. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Allina Health System sits at the 100th percentile: it is one of the largest 1% in its cause. 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 University Hospitals Health System Inc ($5.29bn), Providence Health & Services Oregon ($5.47bn) and Sentara Health Plans ($5.25bn).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.7% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $22.8m (0.4% of expenses). Other salaries and wages came to $2.70bn. At year end it held assets of $5.96bn against liabilities of $2.97bn, net assets of $2.99bn. It reported 33,927 employees.