FLORIDA HOSPITAL WATERMAN INC
1000 WATERMAN WAY, TAVARES, FL · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $476,170,410 | $403,846,074 | $588,895,299 |
| FY2023 | $427,079,512 | $392,036,337 | $514,284,459 |
| FY2022 | $357,639,867 | $357,972,893 | $463,692,408 |
| FY2021 | $359,212,479 | $314,895,261 | $522,422,485 |
| FY2020 | $293,326,694 | $272,496,592 | $480,042,665 |
| FY2019 | $285,737,906 | $245,053,933 | $457,278,373 |
| FY2018 | $268,398,704 | $233,392,363 | $392,229,652 |
| FY2017 | $261,636,600 | $222,698,003 | $372,355,329 |
| FY2016 | $238,169,651 | $215,617,432 | $320,030,558 |
| FY2015 | $232,920,707 | $219,334,268 | $296,494,156 |
| FY2014 | $232,485,846 | $201,040,698 | $285,898,076 |
| FY2013 | $204,401,347 | $188,252,726 | $252,720,199 |
| FY2012 | $211,893,198 | $192,880,373 | $237,807,764 |
| FY2011 | $204,696,942 | $184,293,253 | $218,019,562 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $2,579,772 | 1% |
| Program service revenue | $455,288,898 | 99% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $376,220,197 | 93% |
| Management & general | $27,625,877 | 7% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 99% of total revenue in FY2024.
- Program services accounted for 93% of functional expenses, management & general 7%, and fundraising 0%.
- 93% of functional expenses went to program services in FY2024. That is higher than 77.2% of 180 Health Care organizations in FL.
- Net assets covered about 17.5 months of expenses at the end of the reporting year. That puts it in the 65th percentile among 932 Health Care organizations in FL.
- Total revenue was higher than 96.7% of 958 Health Care organizations in FL.
- Total revenue rose from $204,696,942 in FY2011 to $476,170,410 in FY2024, Revenue increased in 11 and decreased in 2 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 1 of 14 reported years (FY2022).
- Net assets grew from $218,019,562 to $588,895,299 between FY2011 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
Operate 310-bed acute care hospital
IRS status
| Ruling year | 1992 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | E220 — Health Care (in FL) |
Similar organizations
- PASCO-PINELLAS HILLSBOROUGH COMMUNITY HEALTH SYSTEM INC — WESLEY CHAPEL, FL · $482,549,066
- ALFRED I DUPONT CHARITABLE TRUST — JACKSONVILLE, FL · $498,778,461
- ONEBLOOD INC — ORLANDO, FL · $450,740,907
- WINTER HAVEN HOSPITAL INC — WINTER HAVEN, FL · $518,704,210
- JUPITER MEDICAL CENTER INC — JUPITER, FL · $519,624,750
- UNIVERSITY OF FLORIDA JACKSONVILLE PHYSICIANS INC — JACKSONVILLE, FL · $520,451,299
- SOUTH LAKE HOSPITAL INC — CLERMONT, FL · $549,826,570
- ORLANDO HEALTH CENTRAL INC — OCOEE, FL · $557,459,068
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.
Think something here is wrong or should be removed? Use the contact form — we act on removal requests within 30 days.