Shands Teaching Hospital and Clinics
Also known as UF Health Shands
Shands Teaching Hospital and Clinics reported $3.00 billion in revenue and $2.82 billion in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $86.85 went to program services, $12.98 to management and general costs and $0.17 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 98.4% of the total. The highest compensation it reported for one person was $1,666,139 (DIRECTOR (THRU APRIL 2025) / UF SVP HEALTH AFFAIRS). 2,468 people received more than $100,000 in reportable compensation. Revenue rose 80% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $2.82BFor context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $3.00BThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 86.9% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 13.0% | 13.7% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.2% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.26 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.6% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.3% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 98.4% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $1,666,139 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.06% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 2,468 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 8.8 | 6.6 |
| Independent voting board members Part VI 1a–1b | 7 of 12 | 88.9% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseShands Teaching Hospitals and Clinics, Inc. (STHC), part of UF Health, provides a comprehensive range of services to support patient care, education, and community health in north central Florida. Its primary facility, UF Health Shands Hospital, is a 1,054-bed academic medical center offering advanced specialty care and serving as a major training site for University of Florida health professionals. Additional programs include UF Health Shands Psychiatric Hospital for behavioral health services, UF Health Ocala Neighborhood Hospital for community-based emergency and outpatient care, and UF…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| DIRECTOR (THRU APRIL 2025) / UF SVP HEALTH AFFAIRS Director/trustee, officer, 2.0 hrs/week | $0 | $1,606,258 | $59,881 | $1,666,139 |
| VICE CHAIR & DIR / UF HEALTH PRES & SYSTEM CEO Director/trustee, officer, 1.0 hrs/week | $1,585,335 | $0 | $22,787 | $1,608,122 |
| DIRECTOR/Interim Dean, UF College of Medicine Director/trustee, 0.5 hrs/week | $0 | $1,020,210 | $49,950 | $1,070,160 |
| Director (Thru April 2025)/UF Dept of Surgery Chair Director/trustee, 0.5 hrs/week | $0 | $998,469 | $44,658 | $1,043,127 |
| UF Health SVP and Central Florida Regional President Highest compensated employee, 0.0 hrs/week | $970,608 | $0 | $36,879 | $1,007,487 |
| Director (Thru April 2025)/UF Health Cancer Center Director Director/trustee, 0.5 hrs/week | $0 | $939,683 | $40,110 | $979,793 |
| DIRECTOR / INTERIM PRESIDENT OF THE UNIVERSITY OF FLORIDA Director/trustee, 0.5 hrs/week | $0 | $788,720 | $141,032 | $929,752 |
| SVP/COO Officer, 50.0 hrs/week | $860,378 | $0 | $41,418 | $901,796 |
2,468 people received more than $100,000 in reportable compensation from Shands Teaching Hospital and Clinics (Part VII, line 2). Compensation of current officers, directors and key employees totaled $9.0M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b12 · 7 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aNo
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 515,011
- Volunteers Part I, line 61,688
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| Florida Clinical Practice Association Professional Medical Services | $148,975,874 |
| Morrisons Management Specialists Food and nutrition services | $10,198,679 |
| EPIC Systems Electronic Medical Software | $10,045,531 |
| University of Florida Various contracted services | $9,658,963 |
| University Air Center Purchased Flight Serv-Jet | $6,664,673 |
Individuals listed as contractors are left out. 270 contractors were paid more than $100,000 in all.
Private foundation grants it received
4 private foundations reported grants to Shands Teaching Hospital and Clinics totaling $976 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Shands Teaching Hospital and Clinics's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Shands Teaching Hospital and Clinics, you can publish a response that is linked from this page.
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Of every $100 Shands Teaching Hospital and Clinics spent in FY2025, $86.85 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Thomas Jefferson University HospitalsPhiladelphia, PA · revenue $2.99B · programs 87.8% · FY2025
- The Milton S Hershey Medical CenterHershey, PA · revenue $3.02B · programs 84.4% · FY2025
- Boston Medical Center CorporationBoston, MA · revenue $2.97B · programs 87.7% · FY2025
- Seattle Children's HospitalSeattle, WA · revenue $3.07B · programs 98.6% · FY2025
- Southern Baptist Hospital of FloridaJacksonville, FL · revenue $2.97B · programs 85.6% · FY2025
Questions people ask
How much of Shands Teaching Hospital and Clinics's spending goes to programs?
In the fiscal year ending June 30, 2025, Shands Teaching Hospital and Clinics reported that 86.9% of its $2.82 billion in expenses went to program services, 13.0% to management and general and 0.2% to fundraising (Form 990, Part IX).
How much does Shands Teaching Hospital and Clinics pay its top executive?
The largest total compensation Shands Teaching Hospital and Clinics reported for one person in the fiscal year ending June 30, 2025 was $1,666,139, for the role of DIRECTOR (THRU APRIL 2025) / UF SVP HEALTH AFFAIRS (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Shands Teaching Hospital and Clinics get its money?
Of $3.00 billion in revenue in the fiscal year ending June 30, 2025, 0.6% came from contributions and grants (including 0.3% from government grants) and 98.4% from program service revenue (Form 990, Part VIII).
Is Shands Teaching Hospital and Clinics a registered charity?
The IRS lists EIN 59-1943502 as a 501(c)(3) organization (hospital or medical research organization), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202631359349309723 · read the filing
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202531359349307808 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202441369349310039 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202331359349318758 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202201369349307520 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202121379349308007 · read the filing
All filings for EIN 59-1943502: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.