Cape Canaveral Hospital Inc

Analysis

Cape Canaveral Hospital Inc is a registered charity in United States, based in Rockledge, FL. It received its IRS tax-exemption ruling in January 1985, 41 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, Cape Canaveral Hospital Inc reported income of $197.7m and spending of $190.6m, spending 96% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $158.1m to $197.7m (+25%), an average of +5.8% a year. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Cape Canaveral Hospital 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 Southwestern Vermont Medical Center Inc ($197.6m), Jennie Stuart Medical Center Inc ($199.1m) and St Vincent Anderson Regional Hospital Inc ($197.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.3% and program service revenue 99% of the total. Other salaries and wages came to $65.0m. At year end it held assets of $487.5m against liabilities of $375.3m, net assets of $112.1m.