E — Health CareEIN: 650232993

Homestead Hospital INC

Homestead, Florida

DHealth Score
31D

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Poor

How This Organization Compares

Compared to 1225 peers in Health Care with $100M-$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org-1.14×
Peer Median0.50×
💰
$458.5M
Total Revenue
📊
$500.9M
Total Expenses
🏦
-$572.3M
Net Assets
📋
$673.3M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+7.8%
Year-over-year change (2022 → 2023)
Net Margin
-9.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
-1.14
Net assets divided by total expenses
Liabilities-to-Assets
666.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$458,543,202↑8%$500,914,192↑11%$100,971,814↓3%
2022$425,552,270↓5%$451,662,922↑4%$104,241,620↓20%
2021$445,999,422↑9%$435,900,958↑3%$129,832,589↑55%
2020$409,266,841↑3%$423,346,341↓2%$84,032,014↑29%
2019$398,708,599↓5%$433,225,705↓6%$64,906,221↑2%
2018$417,782,248↑3%$461,243,610↑7%$63,558,635↓11%
2017$405,771,826↑14%$429,813,840↑9%$71,215,600↓12%
2016$356,361,591↑7%$394,315,849↑6%$80,932,741↓2%
2015$334,542,352↓4%$370,475,826↓3%$82,319,600
2014$348,846,474↑6%$383,543,311↑8%$82,414,143↑12%
2013$329,011,485↑2%$356,076,912↑5%$73,676,497↓3%
2012$322,505,967$340,584,187$76,207,098↑8%
2011$322,114,347$340,005,949$70,374,045

Frequently Asked Questions

What does Homestead Hospital INC do?▼

Homestead Hospital INC is a health care nonprofit organization based in Florida. It is classified under NTEE code E22 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Homestead Hospital INC financially healthy?▼

Based on our 9-metric Financial Health Score model, Homestead Hospital INC has a score of 31/100 (Grade: D). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Homestead Hospital INC generate?▼

Homestead Hospital INC reports $529.9M in annual revenue and holds $129.7M in total assets, based on IRS filings.

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