Fairview Physician Associates Network

Analysis

Fairview Physician Associates Network is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in March 1997, 29 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, Fairview Physician Associates Network reported income of $30.8m and spending of $26.6m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $10.8m to $30.8m (+187%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 282%. Over the whole period it spent 68% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Fairview Physician Associates Network sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within MN. Charities of a similar size with the same main cause include Versiti Inc ($30.8m), Apis Services Inc ($30.9m) and Sierra Medical Services Alliance ($30.8m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 97% of the total. Compensation of current officers, directors and key employees was $298k (1.1% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $66.2m against liabilities of $26.4m, net assets of $39.8m. It reported 11 employees.