Charity Search / BRIDGES MEDICAL CENTER
Health Care (E20) 990 on File

BRIDGES MEDICAL CENTER

EIN: 20-0479568 · ADA, MN 56510-1279 · United States · FY 2023 Data
3 out of 5 59 / 100 Based on 2+ years of filings
Financial strength (30%) 95/100
Reliability (20%) 55/100
Effectiveness (25%) 81/100
Impact (25%) No data yet
Financial data: FY 2023 · Scored 9/13/2026
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Financial Overview — FY 2023
$12.3M
Total Revenue
$9.5M
Total Expenses
$20.8M
Net Assets
58
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 81.1%
Fundraising Efficiency N/A
Operating Reserve 26.22x
Liability-to-Asset 3.2%
Revenue Diversification 90.8%
Executive Compensation $490K
Compared with Peers
FY 2023
Compared with 4,434 similar organizations (United States, Health Care, $1M–$10M in expenses), FY 2023.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
81.1% 84.9%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
18.9% 11.8%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.0%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
26.2 mo 9.7 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
3.2% 14.7%
P10P90
Above median
Revenue concentration
Share of revenue from the largest source · lower is better
90.8% 91.3%
P10P90
Above median
Revenue growth
Year over year revenue growth
5.6% 5.6%
P10P90
Expense growth
Year over year expense growth
3.1% 9.2%
P10P90
Surplus margin
Surplus as a share of revenue
22.4% 1.3%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $12.3M $9.5M $20.8M 81.1% 58
2022 $11.6M $9.3M $17.3M 80.0% 53
2021 $10.5M $8.3M N/A — 80
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Organization Details
EIN
20-0479568
State
MN
City
ADA
ZIP
56510-1279
Classification
E20
Category
Health Care
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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