Ely-bloomenson Community Hospital is a 501(c)(3) organization based in Ely, Minnesota, registered in 1957, with $33,604,474 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$33.6M
▲ 7.7% vs prior year
Health median: $840K
Expenses (FY2023)
$33.2M
Net assets
$18.6M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Ely-bloomenson Community Hospital— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Ely-bloomenson Community Hospital: 7 mo reserves · +1% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Ely-bloomenson Community Hospital— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Ely-bloomenson Community Hospital: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $17.3M (FY2013) to $33.6M (FY2023) across 10 reported years.
Financial snapshot
Operating margin
1.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$29.6M
Total liabilities
$11.0M
Net assets
$18.6M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $33,604,474▲7.7% | $33,164,686▲8.9% | $18,639,592▲7.0% | $29,624,244▼0.9% | 990 |
| 2022 | $31,195,531▲5.7% | $30,468,212▲10.7% | $17,418,287▲6.1% | $29,881,505▲14.0% | 990 |
| 2021 | $29,513,153▼6.4% | $27,517,714▲9.0% | $16,418,066▲7.2% | $26,208,958▲1.5% | 990 |
| 2020 | $31,521,078▲42.7% | $25,244,591▲13.1% | $15,308,386▲68.8% | $25,820,577▲4.2% | 990 |
| 2019 | $22,088,915▼0.1% | $22,320,053▲4.2% | $9,066,516▼2.7% | $24,783,739▲18.3% | 990 |
| 2018 | $22,120,550▲10.1% | $21,430,355▲12.8% | $9,317,360▲8.6% | $20,953,774▲2.1% | 990 |
| 2017 | $20,098,725▲16.9% | $19,003,359▲12.8% | $8,580,458▲12.6% | $20,525,017▲2.5% | 990 |
| 2016 | $17,199,750▲0.7% | $16,840,879▲3.0% | $7,623,326▲3.3% | $20,017,341▲2.2% | 990 |
| 2015 | $17,074,405▼1.2% | $16,353,170▼1.1% | $7,379,598▲21.7% | $19,585,572▼4.6% | 990 |
| 2013 | $17,286,152 | $16,540,877▲4.2% | $6,062,647▼57.0% | $20,526,307▼27.5% | 990 |
| 2012 | — | $15,876,229▼0.3% | $14,094,331▲7.0% | $28,310,498▲0.2% | 990 |
| 2011 | — | $15,926,156▼22.6% | $13,171,403▲19.0% | $28,253,494▲5.4% | 990 |
| 2010 | — | $20,566,763▲3.7% | $11,071,841▼7.7% | $26,797,034▼7.2% | 990 |
| 2009 | — | $19,838,591 | $11,991,135 | $28,871,549 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Ely-bloomenson Community Hospital (EIN 41-0808719) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.