Florida Proton Therapy Institute Inc

Analysis

Florida Proton Therapy Institute Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in June 2002, 24 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Florida Proton Therapy Institute Inc reported income of $45.6m and spending of $45.1m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $48.9m to $45.6m (-6.8%), an average of -1.8% a year. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Florida Proton Therapy Institute Inc sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within FL. Charities of a similar size with the same main cause include Horizon Home Care & Hospice Inc ($45.5m), University of Maryland Surgical Associates P a ($45.6m) and North Carolina Community Carenetworks Inc ($45.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.1% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $1.6m (3.6% of expenses). Other salaries and wages came to $8.8m. At year end it held assets of $137.4m against liabilities of $52.4m, net assets of $85.0m. It reported 157 employees.