Beacon Medical Group Inc
615 N Michigan St, South Bend, IN · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $219,621,077 | $331,755,878 | $73,317,843 |
| FY2023 | $187,582,958 | $327,372,668 | $89,884,147 |
| FY2022 | $186,390,453 | $304,195,207 | $87,018,557 |
| FY2021 | $162,622,589 | $270,164,804 | $87,459,849 |
| FY2020 | $141,800,938 | $237,016,610 | $75,551,790 |
| FY2019 | $139,224,210 | $227,132,443 | $71,976,847 |
| FY2018 | $130,599,550 | $210,834,368 | $75,501,171 |
| FY2017 | $125,884,989 | $193,071,785 | $72,784,578 |
| FY2016 | $119,973,336 | $186,319,571 | $33,287,848 |
| FY2015 | $112,407,240 | $178,099,312 | $26,855,130 |
| FY2014 | $105,832,527 | $158,384,968 | $27,883,041 |
| FY2013 | $64,801,937 | $91,144,318 | $26,001,058 |
| FY2012 | $91,258,803 | $121,884,516 | $41,436,827 |
| FY2011 | $85,371,998 | $106,601,499 | $44,827,002 |
Form 990 filings
The returns filed by Beacon Medical Group Inc (EIN 35-1536132), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of listed sources |
|---|---|---|
| Contributions & grants | $2,137,913 | 1% |
| Program service revenue | $217,541,060 | 99% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $293,821,238 | 89% |
| Management & general | $37,934,640 | 11% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue was the largest of the listed revenue sources in FY2024.
- Program services accounted for 89% of functional expenses, management & general 11%, and fundraising 0%.
- 89% of functional expenses went to program services in FY2024. That is higher than 53.2% of 111 Health Care organizations in IN.
- Net assets covered about 2.7 months of expenses at the end of the reporting year. That puts it in the 19th percentile among 410 Health Care organizations in IN.
- Total revenue was higher than 93.7% of 413 Health Care organizations in IN.
- Total revenue rose from $85,371,998 in FY2011 to $219,621,077 in FY2024. Revenue increased in 12 and decreased in 1 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 14 of 14 reported years (FY2011, FY2012, FY2013, FY2014, FY2015, FY2016, FY2017, FY2018, FY2019, FY2020, FY2021, FY2022, FY2023, FY2024).
- Net assets grew from $44,827,002 to $73,317,843 between FY2011 and FY2024.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
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 deliver outstanding care, inspire health, and connect with heart.
IRS status
| Ruling year | 1983 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | E21 — Health Care (in IN) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 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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