Range Regional Health Services

Analysis

Range Regional Health Services is a registered charity in United States, based in Hibbing, MN. It received its IRS tax-exemption ruling in March 1977, 49 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 December 2023, Range Regional Health Services reported income of $134.7m and spending of $135.2m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $131.9m to $134.7m (+2.2%), an average of +0.5% a year. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Range Regional Health Services 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 Satellite Healthcare Inc ($134.7m), Methodist Health Inc ($134.8m) and Greater Delaware Valley Society of Transplant Surgeons ($134.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $1.2m (0.9% of expenses). Other salaries and wages came to $67.4m. At year end it held assets of $97.7m against liabilities of $37.9m, net assets of $59.7m. It reported 1,102 employees.