Central Florida Health Inc

Analysis

Central Florida Health Inc is a registered charity in United States, based in Leesburg, FL. It received its IRS tax-exemption ruling in April 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Central Florida Health Inc reported income of $121k and spending of $358k, spending 297% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $88k to $121k (+38%), an average of +8.3% a year. The sharpest change came in the year to June 2023, when income rose by 5818%. Over the whole period it spent 315% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Central Florida Health Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 45th percentile within FL. Charities of a similar size with the same main cause include Lily Pad Foundation ($121k), Champ Foundation ($121k) and Colonial Heights Volunteer Fire and Emergency Medical Services Ems ($121k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 75% of the total. At year end it held assets of $205.4m against liabilities of $228.2m, net assets of -$22.7m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.