Homestead Hospital
Homestead Hospital reported $569.1 million in revenue and $570.5 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $93.22 went to program services, $6.78 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 99.0% of the total. The highest compensation it reported for one person was $1,151,013 (CEO). 326 people received more than $100,000 in reportable compensation. Revenue rose 39% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending September 30, 2025 · Form 990, Part IX, line 25 · total expenses $571MFor 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 September 30, 2025 · Form 990, Part VIII · total revenue $569MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 93.2% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 6.8% | 13.7% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.2% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 99.0% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $1,151,013 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.20% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 326 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | -11.6 | 6.6 |
| Independent voting board members Part VI 1a–1b | 14 of 14 | 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 expenseHighest 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 |
|---|---|---|---|---|
| CEO Officer, 50.0 hrs/week | $0 | $974,491 | $176,522 | $1,151,013 |
| VP FINANCE HOSPITAL OPERATIONS Officer, 8.0 hrs/week | $0 | $680,064 | $143,559 | $823,623 |
| CHIEF MEDICAL OFFICER Key employee, 50.0 hrs/week | $622,012 | $0 | $34,019 | $656,031 |
| VP OPERATIONS Key employee, 50.0 hrs/week | $408,138 | $0 | $69,443 | $477,581 |
| VP OF NURSING Key employee, 50.0 hrs/week | $375,726 | $0 | $88,838 | $464,564 |
| AVP NURSING Highest compensated employee, 45.0 hrs/week | $241,607 | $0 | $18,263 | $259,870 |
| SPECIALIZED RN Highest compensated employee, 45.0 hrs/week | $212,473 | $0 | $34,169 | $246,642 |
| PHARMACY MANAGER Highest compensated employee, 45.0 hrs/week | $204,789 | $0 | $38,182 | $242,971 |
326 people received more than $100,000 in reportable compensation from Homestead Hospital (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.3M (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–1b14 · 14 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 4No
- 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 51,556
- Volunteers Part I, line 6115
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| GREATER MIAMI ANESTHESIA SERVICES PA Physician services | $5,855,839 |
| BANYAN MEDICAL SYSTEMS LLC Contract labor | $3,220,643 |
| SOUTH DADE MEDICAL GROUP LLP Physician services | $3,057,514 |
| SOUTH MIAMI INPATIENT PHYSICIANS INC Physician services | $2,673,799 |
| PULMONARY PHYSICIANS OF SOUTH FL LLC CO Physician services | $1,429,347 |
Individuals listed as contractors are left out. 45 contractors were paid more than $100,000 in all.
Correct a figure or respond
Every number above is copied from Homestead Hospital's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Homestead Hospital, you can publish a response that is linked from this page.
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Of every $100 Homestead Hospital spent in FY2025, $93.22 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- USC CARE Medical GroupLos Angeles, CA · revenue $564M · programs 87.1% · FY2025
- Northeast Georgia Health SystemGainesville, GA · revenue $569M · programs 85.9% · FY2025
- Covenant Medical CenterRenton, WA · revenue $564M · programs 93.8% · 2024
- Texas Health Presbyterian Hospital PlanoPlano, TX · revenue $570M · programs 83.2% · 2024
- United Regional Health Care SystemWichita Falls, TX · revenue $564M · programs 92.4% · 2024
Questions people ask
How much of Homestead Hospital's spending goes to programs?
In the fiscal year ending September 30, 2025, Homestead Hospital reported that 93.2% of its $570.5 million in expenses went to program services, 6.8% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Homestead Hospital pay its top executive?
The largest total compensation Homestead Hospital reported for one person in the fiscal year ending September 30, 2025 was $1,151,013, for the role of CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Homestead Hospital get its money?
Of $569.1 million in revenue in the fiscal year ending September 30, 2025, 0.2% came from contributions and grants and 99.0% from program service revenue (Form 990, Part VIII).
Is Homestead Hospital a registered charity?
The IRS lists EIN 65-0232993 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 September 30, 2025, object 202632259349301823 · read the filing
- FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202522259349302007 · read the filing
- FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202422269349301252 · read the filing
- FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202332239349300843 · read the filing
- FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202232249349300738 · read the filing
- FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202112219349301026 · read the filing
All filings for EIN 65-0232993: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.