Tampa General Hospital Foundation Inc

Analysis

Tampa General Hospital Foundation Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in September 1976, 50 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Tampa General Hospital Foundation Inc reported income of $24.3m and spending of $11.9m, leaving 51% of income unspent that year. Across the 6 years on record, from June 2019 to September 2023, income grew from $6.4m to $24.3m (+283%), an average of +31% a year. The sharpest change came in the year to September 2022, when income rose by 766%. Over the whole period it spent 59% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Tampa General Hospital Foundation Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within FL. Charities of a similar size with the same main cause include American Association for the Study of Liver Diseases Foundation ($24.3m), Deaconess Health Kentucky Inc ($24.4m) and United Cerebral Palsy Association of the North Country Inc ($24.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 93% and program service revenue 0.0% of the total. At year end it held assets of $54.9m against liabilities of $2.4m, net assets of $52.4m.