South Florida Baptist Hospital Foundation Inc

Analysis

South Florida Baptist Hospital Foundation Inc is a registered charity in United States, based in Plant City, FL. It received its IRS tax-exemption ruling in December 1995, 31 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2022, South Florida Baptist Hospital Foundation Inc reported income of $565k and spending of $670k, spending 119% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $705k to $565k (-20%), an average of -7.1% a year. The sharpest change came in the year to December 2020, when income rose by 84%. Over the whole period it spent 74% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, South Florida Baptist Hospital Foundation Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within FL. Charities of a similar size with the same main cause include Matilda Joslyn Gage Foundation Inc ($565k), Central Africa Health Care Organization ($565k) and WC Parents Inc ($565k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 82% of the total. Compensation of current officers, directors and key employees was $134k (20% of expenses). Other salaries and wages came to $26k. At year end it held assets of $9.5m against liabilities of $36k, net assets of $9.5m. It reported 2 employees.