AVERA HEALTH
3900 W AVERA DR STE 300, SIOUX FALLS, SD · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $359,131,383 | $362,404,570 | $390,906,899 |
| FY2024 | $278,424,080 | $280,386,542 | $337,604,860 |
| FY2023 | $285,338,511 | $291,882,361 | $302,373,601 |
| FY2022 | $441,737,044 | $292,380,913 | $458,496,552 |
| FY2021 | $323,568,990 | $333,143,247 | $387,539,706 |
| FY2020 | $295,600,192 | $266,728,621 | $346,954,804 |
| FY2019 | $273,884,389 | $270,833,675 | $309,753,942 |
| FY2018 | $225,457,103 | $234,897,798 | $303,354,067 |
| FY2017 | $218,893,740 | $195,715,801 | $312,158,082 |
| FY2016 | $191,441,200 | $171,392,287 | $273,584,861 |
| FY2015 | $169,384,234 | $150,100,505 | $261,226,291 |
| FY2014 | $134,809,969 | $119,455,600 | $250,994,363 |
| FY2013 | $125,047,257 | $87,622,986 | $211,293,589 |
| FY2012 | $84,380,282 | $74,131,365 | $165,824,620 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $21,987,213 | 7% |
| Program service revenue | $313,700,061 | 93% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $326,114,099 | 90% |
| Management & general | $33,561,125 | 9% |
| Fundraising | $2,729,346 | 1% |
What the numbers show
- Program service revenue made up 93% of total revenue in FY2025.
- Program services accounted for 90% of functional expenses, management & general 9%, and fundraising 1%.
- 90% of functional expenses went to program services in FY2025. That is higher than 73.5% of 34 Health Care organizations in SD.
- Net assets covered about 12.9 months of expenses at the end of the reporting year. That puts it in the 49th percentile among 110 Health Care organizations in SD.
- Total revenue was higher than 99.1% of 111 Health Care organizations in SD.
- Total revenue rose from $84,380,282 in FY2012 to $359,131,383 in FY2025, Revenue increased in 11 and decreased in 2 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 5 of 14 reported years (FY2018, FY2021, FY2023, FY2024, FY2025).
- The highest revenue on record here is $441,737,044 in FY2022.
- Net assets grew from $165,824,620 to $390,906,899 between FY2012 and FY2025.
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
Promotion of health
IRS status
| Ruling year | 1993 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | E110 — Health Care |
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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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