Medical Center of Deltona Inc

Analysis

Medical Center of Deltona Inc is a registered charity in United States, based in Daytona Beach, FL. It received its IRS tax-exemption ruling in April 2020, 6 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 September 2022, Medical Center of Deltona Inc reported income of $50.7m and spending of $59.1m, spending 117% of what it took in. The sharpest change came in the year to September 2021, when income rose by 236%. Over the whole period it spent 122% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Medical Center of Deltona Inc sits at the 93rd percentile: it is larger than about 93% of them. 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 Mymichigan Medical Center Gladwin ($50.7m), Emerson Practice Associates Inc ($50.8m) and Uab Medicine Enterprise ($50.7m).

On its Form 990 for the period ending September 2022, revenue came from program service revenue 90% of the total. Other salaries and wages came to $15.8m. At year end it held assets of $278.7m against liabilities of $292.0m, net assets of -$13.3m.

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.