Florida Hospital Zephyrhills Inc

Analysis

Florida Hospital Zephyrhills Inc is a registered charity in United States, based in Zephyrhills, FL. It received its IRS tax-exemption ruling in December 1999, 27 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, Florida Hospital Zephyrhills Inc reported income of $246.7m and spending of $223.9m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $180.1m to $246.7m (+37%), an average of +8.2% a year. The sharpest change came in the year to December 2021, when income rose by 19%. 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, Florida Hospital Zephyrhills Inc sits at the 97th percentile: it is larger than about 97% 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 Research Foundation for Mental Hygiene Inc ($246.7m), Baptist Memorial Hospital-Golden Triangle Inc ($247.5m) and Norton Sound Health Corporation ($246.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $1.6m (0.7% of expenses). Other salaries and wages came to $81.2m. At year end it held assets of $201.7m against liabilities of $67.2m, net assets of $134.5m. It reported 2,239 employees.