ADVENTIST HEALTH SYSTEM SUNBELT HEALTHCARE CORPORATION
900 HOPE WAY, ALTAMONTE SPG, FL · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $3,188,539,500 | $2,738,002,698 | $689,327,477 |
| FY2023 | $1,862,805,097 | $1,871,776,075 | $372,475,641 |
| FY2022 | $1,641,947,111 | $1,661,959,102 | $298,824,066 |
| FY2021 | $1,749,897,821 | $1,726,132,145 | $403,841,527 |
| FY2020 | $1,328,228,946 | $1,276,122,126 | $765,297,704 |
| FY2019 | $1,287,863,328 | $1,329,063,297 | $673,406,750 |
| FY2018 | $949,756,795 | $986,450,001 | $751,950,472 |
| FY2017 | $1,088,793,761 | $1,071,477,473 | $688,568,613 |
| FY2016 | $634,716,610 | $616,851,403 | $529,412,933 |
| FY2015 | $464,044,728 | $469,545,347 | $401,926,147 |
| FY2014 | $519,162,717 | $492,886,704 | $369,761,309 |
| FY2013 | $530,606,871 | $457,092,045 | $226,356,781 |
| FY2012 | $442,399,677 | $432,541,247 | $276,818,008 |
| FY2011 | $416,495,520 | $390,904,430 | $212,781,776 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $343,697,149 | 13% |
| Program service revenue | $2,349,316,986 | 87% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $2,248,095,020 | 82% |
| Management & general | $489,907,678 | 18% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 87% of total revenue in FY2024.
- Program services accounted for 82% of functional expenses, management & general 18%, and fundraising 0%.
- 82% of functional expenses went to program services in FY2024. That is higher than 26.7% of 180 Health Care organizations in FL.
- Net assets covered about 3 months of expenses at the end of the reporting year. That puts it in the 26th percentile among 932 Health Care organizations in FL.
- Total revenue was higher than 99.9% of 958 Health Care organizations in FL.
- Total revenue rose from $416,495,520 in FY2011 to $3,188,539,500 in FY2024, Revenue increased in 9 and decreased in 4 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 5 of 14 reported years (FY2015, FY2018, FY2019, FY2022, FY2023).
- Net assets grew from $212,781,776 to $689,327,477 between FY2011 and FY2024.
- Contributions and grants made up 0% of revenue in FY2011 and 11% in 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
Provision of executive leadership and other professional support services to subsidiaries.
IRS status
| Ruling year | 1947 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | E210 — Health Care (in FL) |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded September 20, 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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