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South Dakota · Nonprofit

Avera McKennan

Avera McKennan (South Dakota) receives grants from 33 organizations whose IRS filings report $17,564,652 to it, the largest being THE LEONA M AND HARRY B HELMSLEY CHARITABLE TRUST ($11,000,000). 15 of them have funded it in more than one year.

Revenue FY2025
$1.9B
Funders on record
33
Grants received
$18M
Net assets
$1.1B
15/33 repeat funderspeak grant-dependency 0%
01What it does

What Avera McKennan does

Mission

Avera is a health ministry rooted in the Gospel. Our mission is to make a positive impact in the lives and health of persons and communities by providing quality services and guided by Christian values.

As stated on its FY2025 Form 990.

Program

  1. Avera McKennan's mission is to provide healthcare services to Sioux Falls, South Dakota residents and residents of the surrounding area. Avera McKennan is a 501(c)(3) organization affiliated with Avera Health. Avera McKennan consists of a 641-bed hospital, a 53-bed heart hospital and a 126-bed nursing home in Sioux Falls, SD. Major service lines include oncology, surgery, obstetrics, pediatrics, neonatology, emergency and trauma, critical care including EICU, radiology and diagnostic imaging, psychiatry, behavioral health, pulmonary, orthopedics, neurology, cardiology, and gastroenterology. Transplant services include solid organ (kidney and pancreas) and bone marrow transplant.Avera McKennan owns or leases rural critical hospitals and a nursing home in South Dakota including a 13-bed critical access hospital and a 30-bed nursing home in Gregory, SD, a 25-bed critical access hospital in Milbank, SD, a 23-bed critical access hospital in Dell Rapids, SD, an 18-bed critical access hospital in Flandreau, SD, an 11-bed critical access hospital in Miller, SD (Hand County), and an 11-bed critical access hospital in Rock Rapids, IA. Services offered by the rural critical access hospitals…

    $1,625,838,053 spentof which $780,094 as grants$1,799,243,165 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $1,625,838,053.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($1.0B) Expenses 100 ($982M) Net assets 100 ($587M)2018 Revenue 104 ($1.1B) Expenses 103 ($1.0B) Net assets 110 ($647M)2019 Revenue 110 ($1.1B) Expenses 112 ($1.1B) Net assets 113 ($665M)2020 Revenue 115 ($1.2B) Expenses 120 ($1.2B) Net assets 112 ($657M)2021 Revenue 134 ($1.4B) Expenses 130 ($1.3B) Net assets 135 ($794M)2022 Revenue 138 ($1.4B) Expenses 143 ($1.4B) Net assets 130 ($763M)2023 Revenue 146 ($1.5B) Expenses 148 ($1.5B) Net assets 139 ($814M)2024 Revenue 168 ($1.7B) Expenses 161 ($1.6B) Net assets 171 ($1.0B)2025 Revenue 182 ($1.9B) Expenses 180 ($1.8B) Net assets 195 ($1.1B)
'17'18'19'20'21'22'23'24'25
Revenue (182)Expenses (180)Net assets (195)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $1.4B to $1.8B (+29%).

$924M
$1.2B
$1.2B
$1.4B
$1.4B
$1.4B
$1.4B
$1.8B
$2.1B
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 0% · 2018 0% · 2019 0% · 2020 4% · 2021 4% · 2022 2% · 2023 1% · 2024 1% · 2025 1%. Grants only. Government contracts and fees sit inside program revenue.

1% of Avera McKennan’s revenue is contributions — more donation-reliant than the typical peer (1% for the typical peer).

This organization
Typical peer · 2,214 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.

$40M
’17
$49M
’18
$26M
’19
−$7.1M
’20
$92M
’21
$7.5M
’22
$31M
’23
$133M
’24
$90M
’25
0.0
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Ronald Place MD

President & CEO

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2017 and FY2018 filings.

'17'18'19'20'21'22'23'24'25
Listed323332323130322927
Joined·+9+8+7+7+5+8+4+4
No longer listed·89786676
03Who funds it

Who funds it, year by year

2017 → 2023: the base narrowed from 8 funders to 7 funders, grant income rose $117k → $1.3M.

13 of 33 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 29% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $5.0M from 2 payers (the payer shares this organization's board, largest Avera Health). These are real filings, and they are not money Avera McKennan raised.

From the IRS filings of Avera McKennan’s funders (the co-funder graph). Top 30 of 33 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Avera McKennan leans on a few funders — its largest provides 63% of grant income and the top three 83%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

37% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Avera McKennan.

63%
largest funder
83%
top three
~2
effective funders

Largest funder’s share by year: 2017 50% · 2018 42% · 2019 42% · 2020 40% · 2021 91% · 2022 69% · 2023 61% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

45% of Avera McKennan's funders are still giving 3 years after their first grant; 45% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

Avera McKennan draws 94% of its grant income from funders outside South Dakota, across 10 states in all.

MT
MN
NY
SD
VA
MD
NC
DC
GA
TX

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
South Dakota out of state home

Funder states come from each funder’s own filing. $5.1M arriving through sponsors registered in 9 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Avera McKennan runs a healthier operating margin than half of the 1,256 health nonprofits its size.

Operating margin5% · above the median
Months of reserve0.0mo · bottom quartile
Revenue growth (annualized)8% · above the median

this organization peer median middle 50% of peers· 1,256 health nonprofits over $100M, FY2025

Government funding Avera McKennan receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $92.4M on record — $92.4M federal, $122 state.

Federal$92.4M
grants $75.5Mcontracts $16.9M
17
18
19
20
21
22
23
24
25
26
Top agencies
  • Department of Health and Human Services$75.5M
  • Department of Veterans Affairs$15.5M
  • Department of Justice$875k
  • Department of Agriculture$500k
State$122
20
25
Top programs
  • CARE/SUBSISTENCE - MEDICAL - VENDOR - GENERAL $108
  • FEES - GENERAL - COMMODITIES $14

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like Avera McKennan

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In South Dakota

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

92% of spending goes to programs.

Program 92%Management 8%Fundraising 0%

Governance

20
board members
65%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Part of a family of 38 related entities

  • Alumend LLC · disregarded
  • Mris LLC · disregarded
  • Sioux Falls Hospital Management LLC · disregarded
  • West 69th Street LLC · disregarded
  • Dakota Vantage LLC · disregarded

Screen this organization

A dated, signed PDF of the compliance screen for Avera McKennan: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Avera McKennan?
Avera McKennan (South Dakota) receives grants from 33 organizations whose IRS filings report $17,564,652 to it, the largest being THE LEONA M AND HARRY B HELMSLEY CHARITABLE TRUST ($11,000,000). 15 of them have funded it in more than one year.
How many funders does Avera McKennan have?
IRS filings report 33 organizations giving $17,564,652 in grants to Avera McKennan, 15 of which have funded it in more than one year.
Who is the largest funder of Avera McKennan?
THE LEONA M AND HARRY B HELMSLEY CHARITABLE TRUST is the largest funder on record, with $11,000,000 in grants. The full list of funders is on this page.
How can an organization like Avera McKennan find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in South Dakota. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 33 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing