H LEE MOFFITT CANCER CENTER AND RESEARCH INSTITUTE INC
12902 MAGNOLIA DRIVE, TAMPA, FL · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $322,301,135 | $369,098,342 | $1,601,996,961 |
| FY2024 | $314,811,934 | $340,313,725 | $1,408,237,932 |
| FY2023 | $310,050,728 | $301,723,512 | $1,229,811,731 |
| FY2022 | $210,667,356 | $280,907,982 | $1,001,981,011 |
| FY2021 | $175,977,504 | $257,529,589 | $925,185,894 |
| FY2020 | $203,209,481 | $237,866,062 | $702,347,528 |
| FY2019 | $188,453,291 | $221,699,287 | $557,980,078 |
| FY2018 | $192,207,953 | $205,702,775 | $492,451,245 |
| FY2017 | $153,277,116 | $174,910,968 | $447,914,654 |
| FY2016 | $144,409,408 | $157,962,010 | $388,967,953 |
| FY2015 | $146,501,156 | $143,193,382 | $374,746,618 |
| FY2014 | $109,941,549 | $129,209,148 | $307,352,240 |
| FY2013 | $100,532,624 | $122,918,108 | $273,660,319 |
| FY2012 | $106,794,634 | $130,198,757 | $221,085,630 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $288,679,102 | 93% |
| Program service revenue | $21,119,040 | 7% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $232,845,052 | 63% |
| Management & general | $136,253,290 | 37% |
| Fundraising | $0 | 0% |
What the numbers show
- Contributions & grants made up 93% of total revenue in FY2025.
- Program services accounted for 63% of functional expenses, management & general 37%, and fundraising 0%.
- 63% of functional expenses went to program services in FY2025. That is higher than 3.9% of 257 Voluntary Health Associations & Medical Disciplines organizations nationwide (too few in FL for a state comparison).
- Net assets covered about 52.1 months of expenses at the end of the reporting year. That puts it in the 78th percentile among 320 Voluntary Health Associations & Medical Disciplines organizations in FL.
- Total revenue was higher than 100% of 341 Voluntary Health Associations & Medical Disciplines organizations in FL.
- Total revenue rose from $106,794,634 in FY2012 to $322,301,135 in FY2025, Revenue increased in 9 and decreased in 4 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 12 of 14 reported years (FY2012, FY2013, FY2014, FY2016, FY2017, FY2018, FY2019, FY2020, FY2021, FY2022, FY2024, FY2025).
- Net assets grew from $221,085,630 to $1,601,996,961 between FY2012 and FY2025.
- Contributions and grants made up 95% of revenue in FY2012 and 90% in FY2025.
- Donations are generally tax-deductible (public charity).
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
TO PROMOTE AND SUPPORT THROUGH RESEARCH, MANAGEMENT AND OTHER MEANS OF SUPPORT.
IRS status
| Ruling year | 1985 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | G053 — Voluntary Health Associations & Medical Disciplines |
| Donations | Donations are generally tax-deductible (public charity). |
Similar organizations
- CAN COMMUNITY HEALTH INC — TAMPA, FL · $506,024,240
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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