Avera Marshall

Analysis

Avera Marshall is a registered charity in United States, based in Marshall, MN. It received its IRS tax-exemption ruling in December 1981, 45 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 Marshall reported income of $138.6m and spending of $134.9m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $98.0m to $138.6m (+41%), an average of +9.0% a year. The sharpest change came in the year to June 2021, when income rose by 19%. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Avera Marshall sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 100th percentile within MN. Charities of a similar size with the same main cause include Proctor Hospital ($138.3m), JWCH Institute Inc ($138.6m) and Mary Washington Healthcare ($138.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.6% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $778k (0.6% of expenses). Other salaries and wages came to $52.0m. At year end it held assets of $91.7m against liabilities of $24.4m, net assets of $67.3m. It reported 831 employees.