Lakeland Regional Health Systems Inc
1324 Lakeland Hills Blvd, Lakeland, FL · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $356,372,395 | $242,528,456 | $838,543,756 |
| FY2024 | $131,578,253 | $212,158,754 | $730,600,558 |
| FY2023 | $101,145,477 | $173,272,856 | $570,176,008 |
| FY2022 | $93,957,120 | $155,756,663 | $554,710,217 |
| FY2021 | $88,660,515 | $134,358,266 | $631,355,907 |
| FY2020 | $71,449,309 | $123,370,314 | $627,048,527 |
| FY2019 | $70,053,119 | $120,903,628 | $461,455,825 |
| FY2018 | $75,250,811 | $120,222,472 | $417,629,751 |
| FY2017 | $119,799,295 | $110,868,438 | $460,490,368 |
| FY2016 | $71,850,083 | $107,412,346 | $414,177,724 |
| FY2015 | $62,660,511 | $96,397,525 | $413,790,802 |
| FY2014 | $59,864,511 | $83,101,990 | $404,542,330 |
| FY2013 | $24,170,405 | $38,008,987 | $363,113,926 |
| FY2012 | $41,126,833 | $27,076,797 | $308,783,662 |
Form 990 filings
The returns filed by Lakeland Regional Health Systems Inc (EIN 59-2650464), 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 | $133,972,608 | 38% |
| Other revenue | $222,399,787 | 62% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $213,604,264 | 88% |
| Management & general | $28,924,192 | 12% |
| Fundraising | $0 | 0% |
What the numbers show
- Other revenue made up 62% of total revenue in FY2025.
- Program services accounted for 88% of functional expenses, management & general 12%, and fundraising 0%.
- 88% of functional expenses went to program services in FY2025. That is higher than 50.6% of 180 Health Care organizations in FL.
- Net assets covered about 41.5 months of expenses at the end of the reporting year. That puts it in the 79th percentile among 932 Health Care organizations in FL.
- Total revenue was higher than 95.3% of 958 Health Care organizations in FL.
- Total revenue rose from $41,126,833 in FY2012 to $356,372,395 in FY2025. Revenue increased in 10 and decreased in 3 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 11 of 14 reported years (FY2013, FY2014, FY2015, FY2016, FY2018, FY2019, FY2020, FY2021, FY2022, FY2023, FY2024).
- Net assets grew from $308,783,662 to $838,543,756 between FY2012 and FY2025.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (supporting organization, type unspecified).
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
The organization's strategic imperative is to develop as a nationally recognized, fiscally strong and growing collaborative regional health system that improves lives by offering safe, high quality, equitable and affordable healthcare, while demonstrating an equal commitment to the promotion of
IRS status
| Ruling year | 1986 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | E210 — Health Care (in FL) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (supporting organization, type unspecified). |
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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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