Trustees of Mease Hospital Inc

Analysis

Trustees of Mease Hospital Inc is a registered charity in United States, based in Dunedin, FL. It received its IRS tax-exemption ruling in May 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 December 2023, Trustees of Mease Hospital Inc reported income of $572.2m and spending of $517.7m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $490.1m to $572.2m (+17%), an average of +3.9% a year. Over the whole period it spent 89% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Trustees of Mease 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 Innovis Health LLC ($571.6m), Jackson Laboratory ($572.8m) and Henry M Jackson Foundation for the Advancement of Military Medicine ($570.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.7% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $236k (0.0% of expenses). Other salaries and wages came to $186.7m. At year end it held assets of $1.16bn against liabilities of $43.7m, net assets of $1.12bn. It reported 3,150 employees.