Viera Hospital Inc

Analysis

Viera Hospital Inc is a registered charity in United States, based in Rockledge, FL. It received its IRS tax-exemption ruling in August 2009, 17 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, Viera Hospital Inc reported income of $189.5m and spending of $153.9m, spending 81% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $127.6m to $189.5m (+48%), an average of +10% a year. The sharpest change came in the year to September 2021, when income rose by 18%. Over the whole period it spent 82% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Viera Hospital Inc sits at the 97th percentile: it is larger than about 97% 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 Care New England Health System ($189.3m), Good Samaritan Hospital ($189.8m) and Mercy Clinic Oklahoma Communities ($189.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Other salaries and wages came to $51.2m. At year end it held assets of $339.8m against liabilities of $171.6m, net assets of $168.2m.