Altrua HealthShare 
The information on this page was last updated 2/17/2026. If you see errors or omissions, please email: [email protected]
Summary
We are a unique health care sharing ministry that does not require a pastor, elder or representative from a local church to sign an acknowledgement verifying church attendance or validation of medical needs being submitted to the membership for sharing.
Contact information
Mailing address:
Altrua HealthShare
P.O. Box 241359
Apple Valley, MN 55124
Website: altruahealthshare.org
Phone: 888-244-3839
Organization details
EIN: 870648665
CEO/President: Randy Sluder
Chairman: Randy Sluder
Board size: 3
Founder:
Ruling year: 2014
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: No
Member of ECFA since:
Purpose
Our members agree to live a clean and healthy lifestyle and share a set of ethical and religious beliefs. It means that our members can contribute less and receive more from the membership.
Mission statement
To facilitate voluntary sharing of medical needs among members
Statement of faith
Articles
| 5/8/2026 | Watered Gardens, LifePath Christian Ministries Earn Highest Donor Confidence Score |
| 2/20/2026 | Administer Justice Earns Top Ratings, Altrua HealthShare Drops Into 'Withhold Giving' Designation |
Donor confidence score
Show donor confidence score details
To understand our donor confidence score, click here.
Transparency grade
D
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Healthcare Sharing
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 792 of 1420 | 4 of 6 |
| Fund acquisition rating | | 326 of 1420 | 3 of 6 |
| Resource allocation rating | | 1119 of 1420 | 3 of 6 |
| Asset utilization rating | | 841 of 1421 | 5 of 6 |
To understand our financial efficiency ratings, click here.
Financial ratios
| Funding ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 1% | 0% | 0% | 0% | 0% | 0% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 1% | 0% | 0% | 0% | 0% | 0% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 5% | 3% | 2% | 2% | 2% | 3% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 1% | 0% | 0% | 0% | 0% | 0% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 95% | 97% | 98% | 98% | 98% | 97% |
| Operating ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Program expense ratio Program expense ratio = Program services / Total expenses | 79% | 79% | 72% | 81% | 82% | 80% |
Spending ratio Spending ratio = Total expenses / Total revenue | 92% | 105% | 105% | 99% | 95% | 105% |
Program output ratio Program output ratio = Program services / Total revenue | 78% | 83% | 76% | 80% | 77% | 84% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 8% | -5% | -5% | 1% | 5% | -5% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 21% | -14% | -28% | 8% | 31% | -35% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 15% | 21% | 28% | 19% | 18% | 20% |
| Investing ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 2.28 | 2.10 | 3.43 | 3.19 | 2.86 | 5.70 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.10 | 1.55 | 3.35 | 2.54 | 2.75 | 1.65 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 2.92 | 3.25 | 11.49 | 8.10 | 7.87 | 9.43 |
| Liquidity ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Current ratio Current ratio = Total current assets / Total current liabilities | 11.61 | 12.51 | 0.00 | 0.00 | 3.66 | 4.14 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.09 | 0.08 | 0.00 | 0.00 | 0.27 | 0.24 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 3.97 | 3.39 | 1.04 | 1.48 | 1.11 | 0.96 |
| Solvency ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 20% | 25% | 42% | 42% | 47% | 22% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 38% | 36% | 17% | 18% | 18% | 14% |
Financials
| Balance sheet | |||||
| Assets | 2024 | 2023 | 2022 | 2021 | 2020 |
| Cash | $878,571 | $199,947 | $302,789 | $301,107 | $511,575 |
| Receivables, inventories, prepaids | $522,042 | $1,577,195 | $2,726,000 | $2,528,561 | $1,680,365 |
| Short-term investments | $6,409,008 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $7,809,621 | $1,777,142 | $3,028,789 | $2,829,668 | $2,191,940 |
| Long-term investments | $500,000 | $0 | $0 | $0 | $0 |
| Fixed assets | $3,420,828 | $3,468,078 | $3,579,075 | $3,690,073 | $33,123 |
| Other long-term assets | $377,095 | $708,332 | $1,078,802 | $1,258,740 | $1,399,703 |
| Total long-term assets | $4,297,923 | $4,176,410 | $4,657,877 | $4,948,813 | $1,432,826 |
| Total assets | $12,107,544 | $5,953,552 | $7,686,666 | $7,778,481 | $3,624,766 |
| Liabilities | 2024 | 2023 | 2022 | 2021 | 2020 |
| Payables and accrued expenses | $624,512 | $0 | $0 | $773,265 | $529,781 |
| Other current liabilities | $0 | $0 | $0 | $0 | $0 |
| Total current liabilities | $624,512 | $0 | $0 | $773,265 | $529,781 |
| Debt | $0 | $0 | $0 | $0 | $0 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $2,426,164 | $2,490,227 | $3,253,535 | $2,912,798 | $275,082 |
| Total long-term liabilities | $2,426,164 | $2,490,227 | $3,253,535 | $2,912,798 | $275,082 |
| Total liabilities | $3,050,676 | $2,490,227 | $3,253,535 | $3,686,063 | $804,863 |
| Net assets | 2024 | 2023 | 2022 | 2021 | 2020 |
| Without donor restrictions | $9,056,868 | $3,463,325 | $4,433,131 | $4,092,418 | $2,819,903 |
| With donor restrictions | $0 | $0 | $0 | $0 | $0 |
| Net assets | $9,056,868 | $3,463,325 | $4,433,131 | $4,092,418 | $2,819,903 |
| Revenues and expenses | |||||
| Revenue | 2024 | 2023 | 2022 | 2021 | 2020 |
| Total contributions | $627,821 | $306,095 | $482,139 | $510,781 | $541,286 |
| Program service revenue | $0 | $0 | $0 | $0 | $0 |
| Membership dues | $23,154,881 | $19,142,858 | $24,404,521 | $22,916,648 | $19,102,276 |
| Investment income | $353,358 | $0 | $0 | ($10,183) | $31,342 |
| Other revenue | $0 | $0 | $0 | $111,400 | $0 |
| Total other revenue | $23,508,239 | $19,142,858 | $24,404,521 | $23,017,865 | $19,133,618 |
| Total revenue | $24,136,060 | $19,448,953 | $24,886,660 | $23,528,646 | $19,674,904 |
| Expenses | 2024 | 2023 | 2022 | 2021 | 2020 |
| Program services | $20,043,175 | $14,716,337 | $19,958,130 | $18,164,884 | $16,530,739 |
| Management and general | $5,358,907 | $5,702,422 | $4,587,817 | $4,091,247 | $4,142,608 |
| Fundraising | $0 | $0 | $0 | $0 | $0 |
| Total expenses | $25,402,082 | $20,418,759 | $24,545,947 | $22,256,131 | $20,673,347 |
| Change in net assets | 2024 | 2023 | 2022 | 2021 | 2020 |
| Surplus (deficit) | ($1,266,022) | ($969,806) | $340,713 | $1,272,515 | ($998,443) |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | ($1,266,022) | ($969,806) | $340,713 | $1,272,515 | ($998,443) |
Compensation
| Name | Title | Compensation |
| Randy Sluder | Chairman/ Ex | $990,032 |
| John Patton | Chief Legal | $419,605 |
| Robert Brown | COO | $305,230 |
| Brandon Kaufman | CFO | $188,159 |
| Francis Curry | CFO | $110,180 |
Compensation data as of: 12/31/2024
Response from ministry
No response has been provided by this ministry.
The information below was provided to MinistryWatch by the ministry itself. It was last updated 2/17/2026. To update the information below, please email: [email protected]