Health First Health Plans Inc
Rockledge, FL 32955 · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $125,218,290 | $125,094,929 | $142,910,416 |
| FY2023 | $474,117,673 | $463,244,049 | $131,113,582 |
| FY2022 | $436,699,223 | $437,275,721 | $117,204,260 |
| FY2021 | $451,804,198 | $439,838,374 | $127,752,633 |
| FY2020 | $467,467,756 | $458,805,860 | $125,873,786 |
| FY2019 | $443,031,050 | $422,499,795 | $114,454,483 |
| FY2018 | $394,645,047 | $375,544,987 | $92,043,178 |
| FY2017 | $396,093,977 | $379,737,234 | $73,514,525 |
| FY2016 | $334,733,280 | $314,887,291 | $70,866,516 |
Form 990 filings
The returns filed by Health First Health Plans Inc (EIN 47-2736029), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $0 | 0% |
| Program service revenue | $123,688,309 | 99% |
| Other revenue | $1,529,981 | 1% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $120,396,918 | 96% |
| Management & general | $4,698,011 | 4% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 99% of total revenue in FY2024.
- Program services accounted for 96% of functional expenses, management & general 4%, and fundraising 0%.
- 96% of functional expenses went to program services in FY2024. That is higher than 87.2% of 180 Health Care organizations in FL.
- Net assets covered about 13.7 months of expenses at the end of the reporting year. That puts it in the 58th percentile among 932 Health Care organizations in FL.
- Total revenue was higher than 92.5% of 958 Health Care organizations in FL.
- Total revenue fell from $334,733,280 in FY2016 to $125,218,290 in FY2024. Revenue increased in 4 and decreased in 4 of 8 year-over-year comparisons.
- Expenses exceeded revenue in 1 of 9 reported years (FY2022).
- The highest revenue on record here is $474,117,673 in FY2023.
- Net assets grew from $70,866,516 to $142,910,416 between FY2016 and FY2024.
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
WE EXIST TO IMPROVE THE HEALTH AND WELLNESS OF THE COMMUNITIES WE SERVE.
IRS status
| Ruling year | 2016 |
| Subsection | 501(c)(4) |
| Program area (NTEE) | E21 — Health Care (in FL) |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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