Doctors Hospital Inc

Analysis

Doctors Hospital Inc is a registered charity in United States, based in Coral Gables, FL. It received its IRS tax-exemption ruling in July 2004, 22 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Doctors Hospital Inc reported income of $302.4m and spending of $295.3m, spending 98% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $237.9m to $302.4m (+27%), an average of +6.2% a year. The sharpest change came in the year to September 2021, when income rose by 37%. 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, Doctors Hospital Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within FL. Charities of a similar size with the same main cause include Lifespan Corporation ($302.2m), Integris Rural Health Inc ($303.1m) and Holland Community Hospital ($302.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.3% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $1.1m (0.4% of expenses). Other salaries and wages came to $75.8m. At year end it held assets of $225.2m against liabilities of $164.4m, net assets of $60.8m. It reported 1,209 employees.