Flagler Hospital Inc

Analysis

Flagler Hospital Inc is a registered charity in United States, based in St Augustine, FL. It received its IRS tax-exemption ruling in January 1938, 88 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, Flagler Hospital Inc reported income of $333.7m and spending of $364.3m, spending 109% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $290.2m to $333.7m (+15%), an average of +3.6% a year. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Flagler Hospital Inc sits at the 98th percentile: it is larger than about 98% 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 Upper Chesapeake Medical Center Inc ($333.5m), SSM Health Care Group ($334.9m) and Ridgeview Medical Center ($333.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.1% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $5.3m (1.4% of expenses). Other salaries and wages came to $109.1m. At year end it held assets of $367.5m against liabilities of $303.8m, net assets of $63.7m. It reported 2,472 employees.