NORTH MEMORIAL HEALTH CARE
3300 OAKDALE AVE N, ROBBINSDALE, MN · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $998,718,346 | $1,025,460,021 | $435,442,617 |
| FY2023 | $907,618,737 | $914,179,686 | $381,983,937 |
| FY2022 | $782,427,407 | $782,577,139 | $374,371,129 |
| FY2021 | $789,881,568 | $732,554,574 | $503,697,569 |
| FY2020 | $736,688,372 | $729,064,532 | $424,296,835 |
| FY2019 | $865,106,386 | $847,702,893 | $400,811,269 |
| FY2018 | $860,895,565 | $847,298,913 | $357,264,636 |
| FY2017 | $820,969,179 | $819,023,864 | $374,206,983 |
| FY2016 | $784,750,038 | $787,780,666 | $343,294,422 |
| FY2015 | $713,368,971 | $716,316,812 | $339,104,691 |
| FY2014 | $672,678,689 | $674,617,515 | $354,254,606 |
| FY2013 | $646,640,903 | $633,591,820 | $360,328,840 |
| FY2012 | $650,972,893 | $660,151,043 | $323,668,294 |
| FY2011 | $670,415,284 | $625,178,624 | $316,512,748 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $3,200,188 | 0% |
| Program service revenue | $999,336,930 | 100% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $904,394,699 | 88% |
| Management & general | $121,065,322 | 12% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 100% of total revenue in FY2024.
- Program services accounted for 88% of functional expenses, management & general 12%, and fundraising 0%.
- 88% of functional expenses went to program services in FY2024. That is higher than 70.4% of 135 Health Care organizations in MN.
- Net assets covered about 5.1 months of expenses at the end of the reporting year. That puts it in the 28th percentile among 467 Health Care organizations in MN.
- Total revenue was higher than 98.1% of 469 Health Care organizations in MN.
- Total revenue rose from $670,415,284 in FY2011 to $998,718,346 in FY2024, Revenue increased in 9 and decreased in 4 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 7 of 14 reported years (FY2012, FY2014, FY2015, FY2016, FY2022, FY2023, FY2024).
- Net assets grew from $316,512,748 to $435,442,617 between FY2011 and FY2024.
- Donations are generally tax-deductible (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
EMPOWERING OUR PATIENTS TO ACHIEVE THEIR BEST HEALTH.
IRS status
| Ruling year | 1941 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | E220 — Health Care (in MN) |
| Donations | Donations are generally tax-deductible (public charity). |
Similar organizations
- UNIVERSITY OF MINNESOTA PHYSICIANS — MINNEAPOLIS, MN · $1,008,701,283
- REGIONS HOSPITAL — BLOOMINGTON, MN · $1,127,937,107
- SMDC MEDICAL CENTER — DULUTH, MN · $846,313,426
- ST CLOUD HOSPITAL — SAINT CLOUD, MN · $1,200,551,712
- CHILDRENS HEALTH CARE — MINNEAPOLIS, MN · $1,206,394,087
- NATIONAL MARROW DONOR PROGRAM — MINNEAPOLIS, MN · $741,231,321
- CENTRACARE HEALTH SYSTEM — SAINT CLOUD, MN · $647,886,558
- ST MARYS MEDICAL CENTER — DULUTH, MN · $611,421,843
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.
Think something here is wrong or should be removed? Use the contact form — we act on removal requests within 30 days.