Florida Radiology Imaging at Lake Mary LLC

Analysis

Florida Radiology Imaging at Lake Mary LLC is a registered charity in United States, based in Maitland, FL. It received its IRS tax-exemption ruling in April 1947, 79 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Florida Radiology Imaging at Lake Mary LLC reported income of $64.2m and spending of $62.8m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $37.0m to $64.2m (+74%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 27%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Florida Radiology Imaging at Lake Mary LLC sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within FL. Charities of a similar size with the same main cause include Blue Ridge Area Food Bank Inc ($64.2m), Wildwood Programs Inc ($64.3m) and Goodwill Industries Inc ($63.9m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $71.5m against liabilities of $32.4m, net assets of $39.2m.