Edgebrook Care Center Inc

Analysis

Edgebrook Care Center Inc is a registered charity in United States, based in Edgerton, 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 publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Edgebrook Care Center Inc reported income of $8.5m and spending of $6.6m, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.8m to $8.5m (+47%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 43%. Over the whole period it spent 89% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Edgebrook Care Center Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within MN. Charities of a similar size with the same main cause include Legacy Health Foundation ($8.5m), Alliancechicago ($8.5m) and The Manor Inc ($8.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 80% of the total. Other salaries and wages came to $2.9m. At year end it held assets of $11.1m against liabilities of $2.0m, net assets of $9.2m. It reported 142 employees.