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Florida · Nonprofit

HOMESTEAD HOSPITAL INC

HOMESTEAD HOSPITAL INC (Florida) receives grants from 1 organization whose IRS filings report $10,000 to it, the largest being MOTORSPORTS CHARITIES INC ($10,000). 0 of them have funded it in more than one year, and 100% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$569M
Funders on record
1
Grants received
$10k
Net assets
$-552651984
0/1 repeat funders
01What it does

What Homestead Hospital Inc does

Mission

As part of the baptist health network, the mission of homestead hospital, inc. Is to improve the health and well-being of individuals, and to promote the sanctity and preservation of life, in the communities we serve. Baptist health is a faith-based organization guided by the spirit of jesus christ and the judeo-christian ethic. We are committed to maintaining the highest standards of clinical and service excellence, enhanced through teaching, research and innovation, and rooted in the utmost integrity and moral practice. Consistent with its spiritual foundation, baptist health is dedicated to providing high-quality, cost-effective, compassionate healthcare services to all, regardless of religion, creed, race or national origin, including, as permitted by its resources, charity care to those in need.

As stated on its FY2025 Form 990.

Program

  1. Consistent with its spiritual foundation, baptist health is dedicated to providing high-quality, cost-effective, and compassionate healthcare services to all individuals, including, as permitted by available resources, charity care to those in need. During the fiscal year ended september 30, 2025, baptist health provided patient services throughout the south florida area, including 106,815 adult admissions, 538,843 patient days, and 544,300 emergency room visits. During the same time period, urgent care visits totaled 362,851, outpatient surgery cases totaled 135,276, and total outpatient visits were 2,232,662 system-wide. As of september 30, 2025, the system boasted 2,894 licensed inpatient beds, including 2,709 acute care beds. Overall, in fy2025, baptist health provided more than $576,000,000 in community benefit. This included charity care valued at $220,358,061 and $251,245,659 in medical shortfall. The estimated cost of providing charity care and medical shortfall is based on recent historical cost-to-charge ratios for charity patients and medicaid patients derived from bhsf's cost accounting system and applied to the current period gross uncompensated charges associated…

    $531,844,587 spentof which $29,750 as grants$564,861,056 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $531,844,587.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($406M) Expenses 100 ($430M)2018 Revenue 103 ($418M) Expenses 107 ($461M)2019 Revenue 98 ($399M) Expenses 101 ($433M)2020 Revenue 101 ($409M) Expenses 98 ($423M)2021 Revenue 110 ($446M) Expenses 101 ($436M)2022 Revenue 105 ($426M) Expenses 105 ($452M)2023 Revenue 113 ($459M) Expenses 117 ($501M)2024 Revenue 131 ($530M) Expenses 125 ($536M)2025 Revenue 140 ($569M) Expenses 133 ($571M)
'17'18'19'20'21'22'23'24'25
Revenue (140)Expenses (133)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $84M to $130M (+55%).

$71M
$64M
$65M
$84M
$130M
$104M
$101M
$130M
$128M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 2% · 2021 4% · 2022 0%. Grants only. Government contracts and fees sit inside program revenue.

0% of HOMESTEAD HOSPITAL INC’s revenue is contributions — about as donation-reliant as the typical peer (1% for the typical peer).

This organization
Typical peer · 2,211 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 8 of the last 9 reported years ran a deficit.

−$24M
’17
−$43M
’18
−$35M
’19
−$14M
’20
$10M
’21
−$26M
’22
−$42M
’23
−$6.2M
’24
−$1.4M
’25
0.0
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Kenneth Spell

CEO

As listed on its FY2025 Form 990.

2017201820242025
Listed27252325
Joined·+3·+9
No longer listed·5·7
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'24*
total
funders
1

1 of 1 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 100% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $11M from 2 payers (the payer shares this organization's board, largest Baptist Health South Florida Foundation Inc). These are real filings, and they are not money HOMESTEAD HOSPITAL INC raised.

From the IRS filings of HOMESTEAD HOSPITAL INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of HOMESTEAD HOSPITAL INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Too little is directly attributable to place on a map.

Funder states come from each funder’s own filing. $10k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

HOMESTEAD HOSPITAL INC's revenue grew 40% between 2017 and 2025.

Operating margin−0% · below the median
Months of reserve0.0mo · bottom quartile
Revenue growth (annualized)4% · below the median

this organization peer median middle 50% of peers· 1,241 health nonprofits over $100M, FY2025

Government funding HOMESTEAD HOSPITAL INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $302k on record.

State$302k
17
19
20
21
22
23
24
25
By state
  • FL$302k
  • MA$20

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like HOMESTEAD HOSPITAL INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Florida

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

93% of spending goes to programs.

Program 93%Management 7%Fundraising 0%

Governance

14
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Part of a family of 38 related entities

  • Baptist Health South Florida Inc · exempt
  • Baptist Hospital of Miami Inc · exempt
  • South Miami Hospital Inc · exempt
  • Homestead Hospital Inc · exempt
  • Mariners Hospital Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for HOMESTEAD HOSPITAL INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds HOMESTEAD HOSPITAL INC?
HOMESTEAD HOSPITAL INC (Florida) receives grants from 1 organization whose IRS filings report $10,000 to it, the largest being MOTORSPORTS CHARITIES INC ($10,000). 0 of them have funded it in more than one year, and 100% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does HOMESTEAD HOSPITAL INC have?
IRS filings report 1 organization giving $10,000 in grants to HOMESTEAD HOSPITAL INC.
Who is the largest funder of HOMESTEAD HOSPITAL INC?
MOTORSPORTS CHARITIES INC is the largest funder on record, with $10,000 in grants. The full list of funders is on this page.
How can an organization like HOMESTEAD HOSPITAL INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Florida. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing