Benefis Community Hospitals Inc

Analysis

Benefis Community Hospitals Inc is a registered charity in United States, based in Great Falls, MT. It received its IRS tax-exemption ruling in August 2017, 9 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 December 2023, Benefis Community Hospitals Inc reported income of $14.0m and spending of $15.6m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.8m to $14.0m (+104%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 54%. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Benefis Community Hospitals Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within MT. Charities of a similar size with the same main cause include Preston-Taylor Community Health Centers Incorporated ($13.9m), All Care Health Center ($14.0m) and Redwoods Rural Health Center Inc ($13.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.8% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $293k (1.9% of expenses). Other salaries and wages came to $5.5m. At year end it held assets of $33.2m against liabilities of $28.9m, net assets of $4.2m. It reported 133 employees.