Avera Tyler

Analysis

Avera Tyler is a registered charity in United States, based in Tyler, MN. It received its IRS tax-exemption ruling in January 1970, 56 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 June 2023, Avera Tyler reported income of $13.5m and spending of $12.7m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $11.8m to $13.5m (+14%), an average of +3.3% a year. The sharpest change came in the year to June 2021, when income rose by 16%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Avera Tyler sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within MN. Charities of a similar size with the same main cause include South Plains Rural Health Services Inc ($13.5m), The James a Eddy Memorial Geriatric Center Inc ($13.5m) and Hamilton Ambulatory Surgery Center Inc ($13.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.1% and program service revenue 96% of the total. Other salaries and wages came to $5.7m. At year end it held assets of $12.2m against liabilities of $1.5m, net assets of $10.7m. It reported 125 employees.