Pasco Pinellas Hillsborough Community Health System Inc
Pasco Pinellas Hillsborough Community Health System Inc shows consistent revenue and asset growth with no reported officer compensation.
EIN: 208488713 · Wesley Chapel, FL · NTEE: E21 · Updated: 2026-03-28
Is Pasco Pinellas Hillsborough Community Health System Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Pasco Pinellas Hillsborough Community Health System Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Pasco Pinellas Hillsborough Community Health System Inc
Pasco Pinellas Hillsborough Community Health System Inc (EIN: 208488713) is a nonprofit organization based in Wesley Chapel, FL, classified under NTEE code E21. The organization reported total revenue of $482.5M and total assets of $546.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pasco Pinellas Hillsborough Community Health System Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pasco Pinellas Hillsborough Community Health System Inc is a major nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 85.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $418.6M |
| Total Expenses | $333.9M |
| Surplus / Deficit | +$84.7M |
| Total Assets | $510.2M |
| Total Liabilities | $161.5M |
| Net Assets | $348.7M |
| Operating Margin | 20.2% |
| Debt-to-Asset Ratio | 31.7% |
| Months of Reserves | 18.3 months |
Financial Health Grade: A
In 2023, Pasco Pinellas Hillsborough Community Health System Inc reported a surplus of $84.7M with revenue exceeding expenses, holds 18.3 months of operating reserves (strong position), has a debt-to-asset ratio of 31.7% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Pasco Pinellas Hillsborough Community Health System Inc's revenue has grown at a compound annual growth rate (CAGR) of 85.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.0% | +11.4% | -0.7% |
| 2022 | +0.3% | +8.3% | -10.8% |
| 2021 | +29.0% | +24.7% | +14.8% |
| 2020 | +7.4% | +13.8% | +19.5% |
| 2019 | +11.3% | +9.3% | +9.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Pasco Pinellas Hillsborough Community Health System Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Pasco Pinellas Hillsborough Community Health System Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $84.7M, with revenue exceeding expenses.
- Debt-to-asset ratio: 31.7%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation across all periods, which is highly unusual for an organization of this size with revenues exceeding $400 million. This could indicate a volunteer leadership structure or that compensation is reported under different categories, requiring further scrutiny for full transparency.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Pasco Pinellas Hillsborough Community Health System Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which is highly unusual for an organization of this scale and could indicate a lack of transparency in reporting executive pay or a unique operational model.
Strengths
The following positive indicators were identified for Pasco Pinellas Hillsborough Community Health System Inc:
- Consistent and significant revenue growth over the past decade, indicating strong financial sustainability.
- Substantial growth in assets, demonstrating a robust financial foundation.
- Positive net income (revenue exceeding expenses) in every reported period, reflecting sound financial management.
- Large scale of operations, serving a significant community need as suggested by the high revenue and asset figures.
Frequently Asked Questions about Pasco Pinellas Hillsborough Community Health System Inc
Is Pasco Pinellas Hillsborough Community Health System Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Pasco Pinellas Hillsborough Community Health System Inc (EIN: 208488713) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Pasco Pinellas Hillsborough Community Health System Inc spend its money?
Pasco Pinellas Hillsborough Community Health System Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Pasco Pinellas Hillsborough Community Health System Inc tax-deductible?
Pasco Pinellas Hillsborough Community Health System Inc is registered as a tax-exempt nonprofit (EIN: 208488713). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Pasco Pinellas Hillsborough Community Health System Inc a good charity?
Based on the provided financial data, the organization demonstrates strong financial health, consistent growth, and a significant scale of operations. The consistent positive net income and asset growth suggest effective management. However, the lack of reported officer compensation is an unusual data point that would require further investigation to fully assess their operational transparency and efficiency.
How has the organization's revenue grown over time?
The organization has experienced substantial revenue growth, increasing from $142,628,412 in 2014 to $418,638,186 in 2023, representing a nearly threefold increase over a decade.
What is the trend in the organization's assets?
Assets have shown a strong upward trend, growing from $207,438,783 in 2014 to $510,191,601 in 2023, indicating a significant accumulation of resources.
What is the organization's expense ratio?
For the latest period (2023), expenses were $333,923,372 against revenues of $418,638,186, resulting in an expense ratio of approximately 79.76%. This means about 80 cents of every dollar earned was spent on operations.
Filing History
IRS 990 filing history for Pasco Pinellas Hillsborough Community Health System Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Pasco Pinellas Hillsborough Community Health System Inc's revenue has grown by 165959%, moving from $252K to $418.6M. Total assets increased by 520.4% over the same period, from $82.2M to $510.2M. Total functional expenses rose by 32806.7%, from $1.0M to $333.9M. In its most recent filing year (2023), Pasco Pinellas Hillsborough Community Health System Inc reported a surplus of $84.7M, with revenue exceeding expenses. The organization holds $161.5M in liabilities against $510.2M in assets (debt-to-asset ratio: 31.7%), resulting in net assets of $348.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $418.6M | $333.9M | $510.2M | $161.5M | — | View 990 |
| 2022 | $370.5M | $299.7M | $514.0M | $151.8M | — | — |
| 2021 | $369.2M | $276.8M | $576.2M | $171.5M | — | View 990 |
| 2020 | $286.2M | $222.0M | $501.9M | $166.1M | — | View 990 |
| 2019 | $266.4M | $195.1M | $420.0M | $139.4M | — | View 990 |
| 2018 | $239.3M | $178.5M | $385.2M | $140.6M | — | View 990 |
| 2017 | $201.8M | $149.6M | $345.1M | $153.2M | — | — |
| 2016 | $181.9M | $136.2M | $292.7M | $152.8M | — | View 990 |
| 2015 | $162.4M | $123.1M | $236.5M | $141.6M | — | View 990 |
| 2014 | $142.6M | $112.6M | $207.4M | $150.2M | — | View 990 |
| 2013 | $88.9M | $84.1M | $184.3M | $155.8M | — | View 990 |
| 2012 | $13.3M | $20.5M | $173.7M | $151.3M | — | View 990 |
| 2011 | $252K | $1.0M | $82.2M | $52.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $418.6M, expenses of $333.9M, and assets of $510.2M (revenue +13.0% year-over-year).
- 2022: Revenue of $370.5M, expenses of $299.7M, and assets of $514.0M (revenue +0.3% year-over-year).
- 2021: Revenue of $369.2M, expenses of $276.8M, and assets of $576.2M (revenue +29.0% year-over-year).
- 2020: Revenue of $286.2M, expenses of $222.0M, and assets of $501.9M (revenue +7.4% year-over-year).
- 2019: Revenue of $266.4M, expenses of $195.1M, and assets of $420.0M (revenue +11.3% year-over-year).
- 2018: Revenue of $239.3M, expenses of $178.5M, and assets of $385.2M (revenue +18.6% year-over-year).
- 2017: Revenue of $201.8M, expenses of $149.6M, and assets of $345.1M (revenue +10.9% year-over-year).
- 2016: Revenue of $181.9M, expenses of $136.2M, and assets of $292.7M (revenue +12.0% year-over-year).
- 2015: Revenue of $162.4M, expenses of $123.1M, and assets of $236.5M (revenue +13.9% year-over-year).
- 2014: Revenue of $142.6M, expenses of $112.6M, and assets of $207.4M (revenue +60.5% year-over-year).
- 2013: Revenue of $88.9M, expenses of $84.1M, and assets of $184.3M (revenue +568.3% year-over-year).
- 2012: Revenue of $13.3M, expenses of $20.5M, and assets of $173.7M (revenue +5174.8% year-over-year).
- 2011: Revenue of $252K, expenses of $1.0M, and assets of $82.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pasco Pinellas Hillsborough Community Health System Inc:
Data Sources and Methodology
This transparency report for Pasco Pinellas Hillsborough Community Health System Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.