Adventhealth Home Health and Hospice Inc

Analysis

Adventhealth Home Health and Hospice Inc is a registered charity in United States, based in Maitland, FL. It received its IRS tax-exemption ruling in March 1990, 36 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Adventhealth Home Health and Hospice Inc reported income of $49.7m and spending of $47.0m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $37.5m to $49.7m (+33%), an average of +7.3% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Adventhealth Home Health and Hospice 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 99th percentile, and in the 99th percentile within FL. Charities of a similar size with the same main cause include Tfi Family Services Inc ($49.7m), Trustbridge Inc ($49.7m) and Start Corporation ($49.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.3% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $172k (0.4% of expenses). Other salaries and wages came to $24.3m. At year end it held assets of $19.1m against liabilities of $10.0m, net assets of $9.1m. It reported 510 employees.