Ebenezer Society

Analysis

Ebenezer Society is a registered charity in United States, based in Edina, MN. It received its IRS tax-exemption ruling in September 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, Ebenezer Society reported income of $44.7m and spending of $48.1m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $26.1m to $44.7m (+71%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 64%. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ebenezer Society sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within MN. Charities of a similar size with the same main cause include Community Health Connections Inc ($44.7m), Blue Hill Memorial Hospital Inc ($44.9m) and Ascension Via Christi Health Inc ($44.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.6% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $394k (0.8% of expenses). Other salaries and wages came to $29.2m. At year end it held assets of $84.4m against liabilities of $61.5m, net assets of $22.9m. It reported 1,514 employees.