Villages Tri-County Medical Center Inc

Analysis

Villages Tri-County Medical Center Inc is a registered charity in United States, based in The Villages, FL. It received its IRS tax-exemption ruling in April 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 June 2023, Villages Tri-County Medical Center Inc reported income of $221.3m and spending of $214.3m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $181.5m to $221.3m (+22%), an average of +5.1% a year. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Villages Tri-County Medical Center 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 Prisma Health ($221.3m), Northwest Iowa Hospital Corporation ($221.3m) and Holzer Hospital Foundation ($220.8m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $96.0m. At year end it held assets of $238.8m against liabilities of $147.4m, net assets of $91.4m. It reported 1,446 employees.