Health Care
(E22I)
IRS Verified
DX Registered
990 on File
SARASOTA MEMORIAL HEALTHCARE FOUNDATION
Financial strength (30%)
75/100
Reliability (20%)
55/100
Effectiveness (25%)
68/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$35.4M
Total Revenue
$13.1M
Total Expenses
$158.8M
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
70.7%
Fundraising Efficiency
95.6%
Operating Reserve
145.21x
Liability-to-Asset
5.4%
Revenue Diversification
83.5%
Executive Compensation
$373K
Compared with Peers
FY 2024
Compared with 2,013 similar organizations
(United States, Health Care, $10M–$100M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
70.7% | 84.6% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
12.8% | 14.6% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
16.5% | 0.0% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
95.6% | 270.7% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
145.2 mo | 6.8 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
5.4% | 35.3% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
83.5% | 92.5% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
92.9% | 7.3% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
39.8% | 7.7% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
63.0% | 1.0% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $35.4M | $13.1M | $158.8M | 70.7% | 0 |
| 2023 | $18.4M | $9.4M | $128.3M | 66.2% | 13 |
| 2022 | $45.9M | $21.5M | $116.7M | 86.8% | 0 |
| 2021 | $26.2M | $11.6M | N/A | — | 0 |
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