Centracare Health System Sauk Centre

Analysis

Centracare Health System Sauk Centre is a registered charity in United States, based in Sauk Centre, MN. It received its IRS tax-exemption ruling in October 2012, 14 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 June 2023, Centracare Health System Sauk Centre reported income of $43.8m and spending of $40.0m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $40.9m to $43.8m (+7.0%), an average of +1.7% a year. The sharpest change came in the year to June 2022, when income rose by 20%. Over the whole period it spent 85% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Centracare Health System Sauk Centre sits at the 92nd percentile: it is larger than about 92% 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 Gainesville Community Hospital Inc ($43.7m), Ehealth Africa ($43.8m) and Banyan Community Health Center Inc ($43.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.8% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $3.2m (8.1% of expenses). Other salaries and wages came to $14.5m. At year end it held assets of $63.2m against liabilities of $16.9m, net assets of $46.3m.