Orlando Health Medical Group Inc

Analysis

Orlando Health Medical Group Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in February 1997, 29 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Orlando Health Medical Group Inc reported income of $742.8m and spending of $1.17bn, spending 157% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $295.0m to $742.8m (+152%), an average of +26% a year. The sharpest change came in the year to September 2021, when income rose by 32%. Over the whole period it spent 154% 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 Medical Group 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 100th percentile, and in the 100th percentile within FL. Charities of a similar size with the same main cause include Healthwell Foundation ($742.4m), Northwell Health Laboratories ($743.5m) and Hospital of Central Connecticut at New Britain General and Bradley Me ($740.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.2% and program service revenue 100% of the total. Other salaries and wages came to $838.9m. At year end it held assets of $493.0m against liabilities of $363.2m, net assets of $129.8m. It reported 4,972 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.