Healthpartners Institute

Analysis

Healthpartners Institute is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in September 1990, 36 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Healthpartners Institute reported income of $52.6m and spending of $53.4m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $46.6m to $52.6m (+13%), an average of +3.1% a year. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Healthpartners Institute sits at the 93rd percentile: it is larger than about 93% 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 Northern California Institute for Research and Education Inc ($52.6m), Trinity Health Grand Haven Hospital ($52.7m) and Family Health Center of Marshfield Inc ($52.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.8% and program service revenue 84% of the total. At year end it held assets of $83.3m against liabilities of $5.5m, net assets of $77.8m.