Homestead Hospital Inc
975 Baptist Way, Homestead, FL · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $569,147,137 | $570,538,966 | -$552,651,984 |
| FY2024 | $529,922,145 | $536,158,581 | -$577,217,062 |
| FY2023 | $458,543,202 | $500,914,192 | -$572,313,958 |
| FY2022 | $425,552,270 | $451,662,922 | -$530,726,725 |
| FY2021 | $445,999,422 | $435,900,958 | -$505,141,811 |
| FY2020 | $409,266,841 | $423,346,341 | -$516,454,814 |
| FY2019 | $398,708,599 | $433,225,705 | -$502,726,810 |
| FY2018 | $417,782,248 | $461,243,610 | -$468,477,103 |
| FY2017 | $405,771,826 | $429,813,840 | -$423,794,350 |
| FY2016 | $356,361,591 | $394,315,849 | -$400,161,611 |
| FY2015 | $334,542,352 | $370,475,826 | -$362,595,416 |
| FY2014 | $348,846,474 | $383,543,311 | -$324,428,055 |
| FY2013 | $329,011,485 | $356,076,912 | -$291,366,480 |
| FY2012 | $322,505,967 | $340,584,187 | -$266,858,734 |
Form 990 filings
The returns filed by Homestead Hospital Inc (EIN 65-0232993), 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 | $1,355,731 | <1% |
| Program service revenue | $563,535,036 | 99% |
| Other revenue | $4,256,370 | 1% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $531,844,587 | 93% |
| Management & general | $38,694,379 | 7% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 99% of total revenue in FY2025.
- Program services accounted for 93% of functional expenses, management & general 7%, and fundraising 0%.
- 93% of functional expenses went to program services in FY2025. That is higher than 77.8% of 180 Health Care organizations in FL.
- Net assets covered about -11.6 months of expenses at the end of the reporting year. That puts it in the 3rd percentile among 932 Health Care organizations in FL.
- Total revenue was higher than 97.1% of 958 Health Care organizations in FL.
- Total revenue rose from $322,505,967 in FY2012 to $569,147,137 in FY2025. Revenue increased in 10 and decreased in 3 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 13 of 14 reported years (FY2012, FY2013, FY2014, FY2015, FY2016, FY2017, FY2018, FY2019, FY2020, FY2022, FY2023, FY2024, FY2025).
- Net assets declined from -$266,858,734 to -$552,651,984 between FY2012 and FY2025.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (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
SEE FORM 990, PART III, LINE 1
IRS status
| Ruling year | 1991 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | E22 — Health Care (in FL) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
Similar organizations
- Ohi West Inc — St Petersburg, FL · $562,457,480
- St Anthonys Hospital Inc — St Petersburg, FL · $557,829,106
- Orlando Health Central Inc — Ocoee, FL · $557,459,068
- South Lake Hospital Inc — Clermont, FL · $549,826,570
- University of Florida Jacksonville Physicians Inc — Jacksonville, FL · $520,451,299
- Jupiter Medical Center Inc — Jupiter, FL · $519,624,750
- Winter Haven Hospital Inc — Winter Haven, FL · $518,704,210
- Trustees of Mease Hospital Inc — Dunedin, FL · $637,417,331
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.
Think something here is wrong or should be removed? Use the contact form — we act on removal requests within 30 days.