Winter Haven Hospital Foundation Inc

Analysis

Winter Haven Hospital Foundation Inc is a registered charity in United States, based in Winter Haven, FL. It received its IRS tax-exemption ruling in June 2020, 6 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 December 2023, Winter Haven Hospital Foundation Inc reported income of $2.2m and spending of $1.9m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $2.2m (+101%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 42%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Winter Haven Hospital Foundation Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within FL. Charities of a similar size with the same main cause include East Windsor Ambulance Assoc Inc ($2.2m), Ucm Network Development Foundation ($2.2m) and The Station Foundation ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% of the total. Compensation of current officers, directors and key employees was $191k (9.9% of expenses). Other salaries and wages came to $397k. At year end it held assets of $21.5m against liabilities of $2.6m, net assets of $18.9m.