Benedictine Care Centers

Analysis

Benedictine Care Centers is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in March 1946, 80 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 June 2023, Benedictine Care Centers reported income of $25.8m and spending of $25.7m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $23.9m to $25.8m (+8.0%), an average of +1.9% 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, Benedictine Care Centers sits at the 90th percentile: it is larger than about 90% 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 St John Sapulpa Inc ($25.8m), Riverspring Services Corp ($25.8m) and Parkside Inc ($25.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.2% and program service revenue 99% of the total. Other salaries and wages came to $13.4m. At year end it held assets of $28.0m against liabilities of $24.6m, net assets of $3.4m. It reported 448 employees.