Healthpartners Rc
8170 33rd Ave S, Bloomington, MN · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $47,691,099 | $33,793,362 | $82,200,804 |
| FY2023 | $40,183,451 | $31,002,755 | $66,776,823 |
| FY2022 | $35,457,209 | $30,365,981 | $53,287,823 |
| FY2021 | $39,673,783 | $29,374,845 | $51,175,105 |
| FY2020 | $23,207,867 | $18,619,591 | $43,735,231 |
Form 990 filings
The returns filed by Healthpartners Rc (EIN 84-4261122), 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 revenue |
|---|---|---|
| Contributions & grants | $4,711,754 | 10% |
| Program service revenue | $39,495,866 | 83% |
| Other revenue | $3,483,479 | 7% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $29,563,697 | 87% |
| Management & general | $4,229,665 | 13% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 83% of total revenue in FY2024.
- Program services accounted for 87% of functional expenses, management & general 13%, and fundraising 0%.
- 87% of functional expenses went to program services in FY2024. That is higher than 68.1% of 135 Health Care organizations in MN.
- Net assets covered about 29.2 months of expenses at the end of the reporting year. That puts it in the 79th percentile among 465 Health Care organizations in MN.
- Total revenue was higher than 86.5% of 467 Health Care organizations in MN.
- Total revenue rose from $23,207,867 in FY2020 to $47,691,099 in FY2024. Revenue increased in 3 and decreased in 1 of 4 year-over-year comparisons.
- Revenue covered expenses in each of the 5 reported years, FY2020 to FY2024.
- Net assets grew from $43,735,231 to $82,200,804 between FY2020 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
TO IMPROVE HEALTH AND WELL-BEING IN PARTNERSHIP WITH OUR MEMBERS, PATIENTS AND COMMUNITY.
IRS status
| Ruling year | 2020 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | E22 — Health Care (in MN) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
Similar organizations
- Deer River Health Care Center Inc — Deer River, MN · $47,744,262
- Essentia Health Moose Lake — Moose Lake, MN · $48,753,930
- Bethesda — Willmar, MN · $50,461,847
- Centracare Health System Sauk Centre — Sauk Centre, MN · $44,423,575
- Foundation for Health Care Continuums — Sartell, MN · $52,300,437
- Central Minnesota Diagnostic Inc — Milaca, MN · $53,328,827
- Centracare Health System of Melrose — Melrose, MN · $53,836,464
- Stevens Community Medical Center Inc — Morris, MN · $54,118,150
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.
Think something here is wrong or should be removed? Use the contact form — we act on removal requests within 30 days.