Adventhealth University Inc

Analysis

Adventhealth University Inc is a registered charity in United States, based in Orlando, FL. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Adventhealth University Inc reported income of $38.8m and spending of $37.0m, spending 95% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $35.6m to $38.8m (+9.0%), an average of +2.9% a year. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Adventhealth University 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 98th percentile, and in the 98th percentile within FL. Charities of a similar size with the same main cause include Neighborhood Legal Services of Los Angeles County ($38.8m), Concordia College at Bronxville ($38.9m) and Armenian General Benevolent Union ($38.8m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 23% and program service revenue 76% of the total. At year end it held assets of $46.3m against liabilities of $20.1m, net assets of $26.2m.