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Orlando Health Inc

RegisteredEIN 59-1726273Orlando, FLHealth and saving lives
Income$4.22bn2023-09
Spending$3.29bnsame year
Spent / received80%5-year average
Size in its cause100th pctHealth and saving lives
Exempt since1977Hospital or medical research
Employees20,093latest return

Analysis

Orlando Health Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in July 1977, 49 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, Orlando Health Inc reported income of $4.22bn and spending of $3.29bn, leaving 22% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.76bn to $4.22bn (+53%), an average of +11% a year. Over the whole period it spent 80% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Orlando Health Inc sits at the 100th percentile: it is one of the largest 1% in its cause. 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 Kaiser Foundation Health Plan of Washington ($4.20bn), Kaiser Foundation Health Plan of Colorado ($4.29bn) and Yale New Haven Hospital ($4.19bn).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.5% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $14.7m (0.4% of expenses). Other salaries and wages came to $1.05bn. At year end it held assets of $7.37bn against liabilities of $3.77bn, net assets of $3.60bn. It reported 20,093 employees.

Income and spending

$0$1.06bn$2.11bn$3.17bn$4.22bn2019 Income: $2,756,773,7072019 Spending: $2,247,806,00520192020 Income: $2,965,518,3102020 Spending: $2,340,978,10520202021 Income: $3,384,532,0482021 Spending: $2,728,762,93020212022 Income: $3,766,174,8492022 Spending: $2,979,021,72520222023 Income: $4,224,072,2872023 Spending: $3,288,156,9442023
IncomeSpending

Where the income comes from

  • Contributions & grants 0.5%
  • Program services 98%
  • Other 1.4%

Similar-sized charities, same cause

CharityLocationIncome
Kaiser Foundation Health Plan of WashingtonRenton$4.20bn
Kaiser Foundation Health Plan of ColoradoOakland$4.29bn
Yale New Haven HospitalNew Haven$4.19bn
Henry Ford Health SystemDetroit$4.50bn