ESSENTIA HEALTH
502 E 2ND ST, DULUTH, MN · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $400,833,680 | $382,968,872 | $557,535,606 |
| FY2024 | $369,876,260 | $350,377,026 | $500,198,864 |
| FY2023 | $348,209,105 | $340,166,174 | $428,504,901 |
| FY2022 | $416,911,579 | $286,957,827 | $381,255,422 |
| FY2021 | $232,654,548 | $211,985,773 | $328,395,379 |
| FY2020 | $219,068,133 | $204,895,965 | $215,205,454 |
| FY2019 | $194,220,633 | $182,244,364 | $198,754,629 |
| FY2018 | $189,162,863 | $180,096,528 | $176,967,491 |
| FY2017 | $180,179,309 | $174,978,284 | $151,510,700 |
| FY2016 | $148,110,267 | $152,138,112 | $115,722,145 |
| FY2015 | $141,937,786 | $132,365,233 | $107,403,152 |
| FY2014 | $131,783,219 | $120,695,648 | $91,840,969 |
| FY2013 | $79,694,289 | $71,892,137 | $71,475,052 |
| FY2012 | $76,668,051 | $59,780,245 | $58,041,819 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $606,875 | 0% |
| Program service revenue | $364,085,651 | 100% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $186,560,759 | 49% |
| Management & general | $196,408,113 | 51% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 100% of total revenue in FY2025.
- Program services accounted for 49% of functional expenses, management & general 51%, and fundraising 0%.
- 49% of functional expenses went to program services in FY2025. That is higher than 0% of 135 Health Care organizations in MN.
- Net assets covered about 17.5 months of expenses at the end of the reporting year. That puts it in the 69th percentile among 467 Health Care organizations in MN.
- Total revenue was higher than 96.4% of 469 Health Care organizations in MN.
- Total revenue rose from $76,668,051 in FY2012 to $400,833,680 in FY2025, Revenue increased in 12 and decreased in 1 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 1 of 14 reported years (FY2016).
- The highest revenue on record here is $416,911,579 in FY2022.
- Net assets grew from $58,041,819 to $557,535,606 between FY2012 and FY2025.
- Donations may be deductible (supporting organization, type unspecified).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
WE ARE CALLED TO MAKE A HEALTHY DIFFERENCE IN PEOPLE'S LIVES.
IRS status
| Ruling year | 2003 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | E112 — Health Care (in MN) |
| Donations | Donations may be deductible (supporting organization, type unspecified). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded September 20, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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