The largest nonprofits in America aren't charities in any traditional sense — they're economic empires. With combined revenues exceeding $500 billion, the top 25 nonprofits generate more economic activity than most countries. They employ hundreds of thousands of people, manage billions in assets, and operate with the complexity of Fortune 500 corporations. Here's a data-driven look at who they are and what they do.
Scale in Perspective
The top 25 nonprofits by revenue collectively generate over $500 billion annually. Kaiser Permanente alone ($120B+) would rank in the Fortune 25 if it were a for-profit company — ahead of companies like Costco and Kroger.
The Top 25 by Revenue
Based on the most recent IRS Form 990 filings available through GiveScope, the largest nonprofits in America are overwhelmingly healthcare organizations:
Tier 1: The $20 Billion+ Club
- Kaiser Foundation Health Plan — ~$82.5B revenue. The nation's largest integrated health system, serving 12.5 million members across 8 states and D.C.
- Kaiser Foundation Hospitals — ~$40B revenue. The hospital arm of the Kaiser system, operating 39 hospitals.
- CommonSpirit Health — ~$35B revenue. Formed from the 2019 merger of Catholic Health Initiatives and Dignity Health, operating 140+ hospitals in 21 states.
- Ascension Health — ~$28B revenue. The largest Catholic health system, with 140 hospitals across 19 states.
- Providence St. Joseph Health — ~$27B revenue. A major West Coast health system with 51 hospitals.
- UPMC (University of Pittsburgh Medical Center) — ~$26B revenue. A healthcare and insurance giant dominating western Pennsylvania.
Tier 2: $10-20 Billion
- Fidelity Charitable — ~$19B in contributions received. The largest charitable entity by incoming donations — a donor-advised fund sponsor, not a traditional charity.
- Cleveland Clinic — ~$15B revenue. A world-renowned hospital and research center.
- Trinity Health — ~$14B revenue. A Catholic health system operating in 22 states.
- Mass General Brigham — ~$13B revenue. The combined system of Massachusetts General Hospital and Brigham and Women's Hospital.
- NYU Langone Health / New York University — ~$11.6B revenue. One of the largest private universities with an integrated health system.
- University of Pennsylvania — ~$10.7B revenue. Ivy League university with Penn Medicine, a major health system.
- Johns Hopkins University — ~$10.5B revenue. A research powerhouse with its own hospital system.
Tier 3: $5-10 Billion
- Stanford University — ~$9.5B revenue
- Mayo Clinic — ~$9B revenue
- Sutter Health — ~$8.5B revenue
- Memorial Sloan Kettering Cancer Center — ~$7.5B revenue
- Duke University Health System — ~$7B revenue
- Atrium Health — ~$6.5B revenue
- Northwestern University — ~$6B revenue
- Baylor Scott & White Health — ~$6B revenue
- Yale University — ~$5.6B revenue
- Northwell Health — ~$5.5B revenue
- Cedars-Sinai Medical Center — ~$5.3B revenue
- Partners HealthCare (now Mass General Brigham system entities) — ~$5B revenue
View the complete rankings on our highest-revenue nonprofits page.
Key Patterns
Healthcare Dominance
Of the top 25, approximately 18-20 are healthcare organizations. This reflects the fact that health nonprofits generate $1.81 trillion in revenue — 44% of the entire sector. The U.S. healthcare system's unique structure, where nonprofit hospitals compete with for-profit chains while receiving tax exemptions, has created these massive institutional behemoths.
The University-Hospital Complex
Several entries (NYU, Penn, Johns Hopkins, Stanford, Duke, Yale) are universities whose revenue is dramatically amplified by integrated health systems. Johns Hopkins University without its hospital would generate perhaps $3-4 billion; with the hospital system, it exceeds $10 billion. This university-hospital model is one of the most financially powerful structures in the nonprofit world.
Concentration of Power
These 25 organizations — representing just 0.001% of all nonprofits — generate roughly 12-15% of the sector's total revenue. This extreme concentration mirrors wealth inequality in the broader economy. The bottom 50% of nonprofits (nearly a million organizations) collectively account for less than 2% of total revenue.
What About Traditional Charities?
Organizations that most people would recognize as "charities" — the Red Cross, United Way, Salvation Army, Feeding America — typically rank in the $3-6 billion range. While impressive, they're dwarfed by the healthcare and university giants. The American Red Cross, perhaps America's most recognized charity, generates about $3.5 billion — less than 5% of Kaiser's revenue.
Are These Really "Nonprofits"?
This is the trillion-dollar question. When a nonprofit hospital system generates $80 billion in revenue, pays its CEO $16 million, and operates identically to a for-profit competitor, what exactly makes it a nonprofit? The legal answer is clear: it doesn't distribute profits to shareholders. But the philosophical question of whether these organizations deserve tax-exempt status — and the associated tax benefits worth billions — is one of the most contentious debates in American policy.
Explore all of these organizations in detail on GiveScope, where you can see their complete financial data, compensation information, and asset holdings.