Nonprofit screen
Screen a listHennepin Healthcare System Inc
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$1.7Brevenue
FY2024 · +26% in 3 yrs8,681staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−0.6%
Months of reserve0.2mo
Revenue growth (annualized)+7.8%
Middle half of peersMedianHennepin Healthcare System
Where the money goes FY2024 · $1.7B spent
Programs$1.5B89%Management and general$186M11%990 FY2024 · Part IX line 25
Worth checking1
Deficits in 3 of the last 3 years
−$28M in FY2022, −$55M in FY2023 and −$9.5M in FY2024. Cash covers 0.2 months, under the peer median of 0.6.
990 Part I and balance sheetIn its favor3
Strong governance
9 of 12 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIGrowing faster than peers
Revenue up 8% a year since FY2017, faster than half of similar nonprofits.
990 Part I · peer cohortA history of government grants
Government grants on 8 of its 8 returns, 2% of revenue in FY2024. $32M is traced federal awards from Department of Health and Human Services.
990 Part VIII · USAspending15funders
$86ka year, last 3 years
56%from its largest funder
Funder’17’18’19’20’21’22’23Amyotrophic Lateral Sclerosis AssnOn and off$25k$25k$25k$25kAmerican Society of Health-System Pharmacists (Ashp)Since FY2020$15k$15k$15k$15kPlanned Parenthood Minnesota North Dakota South DakotaOn and off$29kHunger Solutions MinnesotaOn and off$10kMorton H Meyerson Family FoundationNew in FY2023$180Donor-advised giftsDonors not disclosed$495k$296k$136k$27k
FundedThrough a donor-advised fund