Adventhealth West Florida Ambulatory Services Inc

Analysis

Adventhealth West Florida Ambulatory Services Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in February 2017, 9 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Adventhealth West Florida Ambulatory Services Inc reported income of $5.1m and spending of $22.1m, spending 433% of what it took in. The sharpest change came in the year to December 2021, when income rose by 896072%. Over the whole period it spent 450% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Adventhealth West Florida Ambulatory Services Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within FL. Charities of a similar size with the same main cause include Mental Health America of Lake County Inc ($5.1m), Parent to Parent Support Program of Thurston County ($5.1m) and Young Mens Christian Association of Prattville Alabama Inc ($5.1m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $3.1m. At year end it held assets of $90.3m against liabilities of $23.3m, net assets of $67.0m. It reported 74 employees.

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.