Avera St Marys

Analysis

Avera St Marys is a registered charity in United States, based in Pierre, SD. 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 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, Avera St Marys reported income of $108.7m and spending of $114.1m, spending 105% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $103.0m to $108.7m (+5.5%), an average of +1.4% a year. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Avera St Marys sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within SD. Charities of a similar size with the same main cause include Great Plains Tribal Leaders Health Board ($108.7m), Upmc ($108.7m) and Mount Sinai Health System Self Insurance Trust ($108.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.2% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $222k (0.2% of expenses). Other salaries and wages came to $49.3m. At year end it held assets of $94.5m against liabilities of $35.2m, net assets of $59.3m. It reported 653 employees.