Riverview Healthcare Association

Analysis

Riverview Healthcare Association is a registered charity in United States, based in Crookston, MN. It received its IRS tax-exemption ruling in February 1943, 83 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 September 2023, Riverview Healthcare Association reported income of $63.0m and spending of $68.5m, spending 109% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $60.9m to $63.0m (+3.5%), an average of +0.9% a year. 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, Riverview Healthcare Association 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 MN. Charities of a similar size with the same main cause include Versiti Illinois Inc ($63.0m), Commonwealth Clinical Alliance Inc ($63.0m) and Mobile Medical Response Inc ($62.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.6% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $2.2m (3.3% of expenses). Other salaries and wages came to $24.3m. At year end it held assets of $85.2m against liabilities of $64.7m, net assets of $20.5m. It reported 449 employees.