Naples Community Hospital Inc

Analysis

Naples Community Hospital Inc is a registered charity in United States, based in Naples, FL. It received its IRS tax-exemption ruling in December 1957, 69 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, Naples Community Hospital Inc reported income of $734.2m and spending of $727.6m, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $562.0m to $734.2m (+31%), an average of +6.9% a year. The sharpest change came in the year to September 2021, when income rose by 27%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Naples Community Hospital Inc sits at the 99th percentile: it is larger than about 99% 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 The Unity Hospital of Rochester ($733.1m), Shelby County Health Care Corporation ($736.1m) and The Johns Hopkins Health System Corporation ($732.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 3.2% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $6.7m (0.9% of expenses). Other salaries and wages came to $253.7m. At year end it held assets of $938.6m against liabilities of $296.5m, net assets of $642.1m. It reported 4,430 employees.