Avera at Home

Analysis

Avera at Home is a registered charity in United States, based in Sioux Falls, SD. It received its IRS tax-exemption ruling in April 1992, 34 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, Avera at Home reported income of $76.0m and spending of $71.2m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $52.1m to $76.0m (+46%), an average of +9.9% a year. The sharpest change came in the year to June 2020, when income rose by 19%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Avera at Home sits at the 94th percentile: it is larger than about 94% 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 Becket Academy Inc ($76.0m), Childrens Orthopaedic Surgery Foundation Inc ($76.1m) and Munson Healthcare Charlevoix Hospital ($75.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.9% and program service revenue 99% of the total. Other salaries and wages came to $30.3m. At year end it held assets of $33.1m against liabilities of $6.9m, net assets of $26.2m. It reported 651 employees.