Charity Search / SOUTH LAKE HOSPITAL INC
Health Care (E220) 990 on File

SOUTH LAKE HOSPITAL INC

EIN: 59-3322533 · CLERMONT, FL 34711-1979 · United States · FY 2024 Data
3 out of 5 55 / 100 Based on 2+ years of filings
Financial strength (30%) 74/100
Reliability (20%) 55/100
Effectiveness (25%) 85/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$437.9M
Total Revenue
$359.3M
Total Expenses
$694.7M
Net Assets
1903
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 99.4%
Fundraising Efficiency N/A
Operating Reserve 23.20x
Liability-to-Asset 8.1%
Revenue Diversification 97.6%
Executive Compensation $787K
Compared with Peers
FY 2024
Compared with 938 similar organizations (United States, Health Care, $100M and over 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
99.4% 87.7%
P10P90
Top quarter
Admin expense ratio
Management and general / total expenses · lower is better
0.6% 12.3%
P10P90
Top quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.0%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
23.2 mo 6.1 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
8.1% 44.5%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
97.6% 96.4%
P10P90
Below median
Revenue growth
Year over year revenue growth
10.6% 9.1%
P10P90
Expense growth
Year over year expense growth
7.2% 7.8%
P10P90
Surplus margin
Surplus as a share of revenue
18.0% 2.5%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $437.9M $359.3M $694.7M 99.4% 1903
2023 $395.9M $335.0M $582.0M 99.4% 1891
2022 $360.9M $306.4M $501.0M 99.4% 1689
2021 $335.6M $277.2M N/A 1421
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Organization Details
EIN
59-3322533
State
FL
City
CLERMONT
ZIP
34711-1979
Classification
E220
Category
Health Care
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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