Florida Hospital Dade City Inc

Analysis

Florida Hospital Dade City Inc is a registered charity in United States, based in Dade City, FL. It received its IRS tax-exemption ruling in April 1947, 79 years ago. 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 2023, Florida Hospital Dade City Inc reported income of $94.9m and spending of $87.7m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $40.6m to $94.9m (+133%), an average of +24% a year. The sharpest change came in the year to December 2020, when income rose by 40%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Florida Hospital Dade City Inc sits at the 100th percentile: it is one of the largest 1% in its cause. 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 New England Organ Bank Inc ($94.3m), American Institute for Chartered Property Casualty Underwriters ($95.0m) and Concordia College Corporation ($93.7m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $1.4m (1.6% of expenses). At year end it held assets of $58.7m against liabilities of $28.0m, net assets of $30.8m.