PASCO-PINELLAS HILLSBOROUGH COMMUNITY HEALTH SYSTEM INC

WESLEY CHAPEL, FL, 33544-9207 (813) 929-5000 Est. 2007 EIN 20-8488713
E21— Health Care Form 990 501(c)(3)
adventhealth.com/hospital

Mission

Adventist Health System Sunbelt Healthcare Corporation and all its subsidiary organizations were established by the Seventh-Day Adventist Church to bring a ministry of healing and health to the communities served. Our mission is to extend the healing ministry of Christ.The hospital and healthcare system whose parent is Adventist Health System Sunbelt Healthcare Corporation is known as AdventHealth. AdventHealth seeks to be widely respected as a consumer-focused organization that engages individuals in their health by delivering wholistic, best practice care across a connected, comprehensive continuum of services. With Christ as our example, AdventHealth cares for and nurtures people: our employees, our communities, our healthcare professionals, and those who trust us for care and healing.

Giving Portfolio

Total Grants
18
Total Giving
$2.6M
Recipients
18
Years Active
2018 - 2024
Avg grant: $229,973 Median: $130,004

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20249$603K $67K63
20233$469K $156K12
20223$492K $164K21
20211$387K $387K01
20201$362K $362K01
20181$244K $244K10

Sectors Funded

Health Care
6
Youth Development
3
Medical Research
1
Recreation & Sports
1

Top States

Florida
18

Grantee Size Profile

$10M - $50M
6
$1M - $5M
5
Over $50M
2
$100K - $500K
2

Top Grantees

$1.3M
$993K
LIFESPRING SEVENTH DAY ADVENTIST CHURCH
FL
$54K
East Pasco Seventh-Day Adventist
FL
$50K
$19K
DISTRICT SCHOOL BOARD OF PASCO COUNTY
FL
$16K
and 1 more grantees

Grants Awarded · 15 grants

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Financials

Total Revenue
$482,549,066
Total Expenses
$361,238,829
Net Assets
$382,100,415
2,039 employees 168 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
12.7 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 15.3%
Expenses ↑ 8.2%
Revenue Sources
Earned revenue 97.0% Investment 3.0%
Expense Breakdown
Program 91.7% Management 8.3%

Officers & Trustees (26)

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Filing History (6 filings)

YearRevenueExpensesNet Assets
2024 Form 990$482,549,066 $361,238,829$382,100,415
2023 Form 990$418,638,186 $333,923,372$348,686,153
2022 Form 990$370,470,636 $299,697,657$362,207,905
2021 Form 990$369,233,182 $276,805,386$404,691,444
2020 Form 990$286,188,077 $222,041,266$335,766,296
2018 Form 990$239,336,893 $178,474,661$244,649,974

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EIN: 20-8488713 · Source: IRS Form 990 e-file data