Augustana Care

Analysis

Augustana Care is a registered charity in United States, based in Edina, MN. It received its IRS tax-exemption ruling in September 1992, 34 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Augustana Care reported income of $69.5m and spending of $66.7m, spending 96% of its income. Across the 6 years on record, from September 2019 to December 2023, income grew from $55.6m to $69.5m (+25%), an average of +4.6% a year. The sharpest change came in the year to December 2020, when income rose by 284%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Augustana Care sits at the 99th percentile: it is one of the largest 1% in its cause. 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 Toward Independent Living & Learning Inc ($69.5m), Presbyterian Community Hospital Inc ($69.6m) and Capital Impact Partners ($69.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.2% and program service revenue 88% of the total. Other salaries and wages came to $38.1m. At year end it held assets of $114.0m against liabilities of $105.3m, net assets of $8.7m. It reported 1,925 employees.