Boca Raton Regional Hospital Inc
88% goes to programs $0 to raise $100 Strong reserves Growing revenue
Boca Raton Regional Hospital Inc is a 501(c)(3) organization based in Boca Raton, Florida, registered in 1964, with $837,151,455 in FY2023 revenue. CharityIndex grades it A, and it directs about 88% of spending to programs.
800 Meadows Rd, Boca Raton, FL, 33486 EIN 59-1006663 Since 1964
Revenue (FY2023)
$837.2M
▲ 16.2% vs prior year
Health median: $840K
Expenses (FY2023)
$790.2M
Net assets
$632.4M
Employees
3,348
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating88% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Boca Raton Regional Hospital Inc: 88% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating10 mo reserves · +6% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Boca Raton Regional Hospital Inc: 10 mo reserves · +6% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Boca Raton Regional Hospital Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Boca Raton Regional Hospital Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
See form 990, part iii, line 1
Contact & location
- Address
- 800 Meadows Rd, Boca Raton, FL, 33486
- City
- Boca Raton
- State
- Florida
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $390.1M (FY2013) to $837.2M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $765.1MNet assets $632.4M
Operating margin
5.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.4B
Total liabilities
$765.1M
Net assets
$632.4M
Salaries & benefits
$261.7M
33% of expenses
Board members
23
23 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $837,151,455▲16.2% | $790,210,347▲11.6% | $632,404,883▲13.6% | $1,397,474,471▲21.3% | 990 |
| 2022 | $720,562,378▲9.1% | $708,112,381▲2.8% | $556,705,606▲9.5% | $1,151,692,791▲16.8% | 990 |
| 2021 | $660,403,867▲0.9% | $688,875,712▲12.0% | $508,448,677▼10.7% | $986,057,805▲14.0% | 990 |
| 2020 | $654,580,710▲12.4% | $614,964,623▲10.2% | $569,382,820▲10.4% | $864,783,729▲10.8% | 990 |
| 2019 | $582,251,934▲2.9% | $557,980,747▲5.5% | $515,814,142▼14.7% | $780,179,658▲4.0% | 990 |
| 2018 | $565,753,212▲9.8% | $529,074,953▲8.5% | $604,976,126▲9.5% | $750,437,696▲10.8% | 990 |
| 2017 | $515,082,360▲2.8% | $487,736,889▲5.7% | $552,298,916▲12.1% | $677,175,543▲10.6% | 990 |
| 2016 | $501,285,456▲3.5% | $461,582,899▲6.1% | $492,592,250▲34.6% | $612,124,963▲21.2% | 990 |
| 2015 | $484,244,863▲11.3% | $435,091,833▲11.5% | $366,000,896▲5.8% | $505,081,047▲10.7% | 990 |
| 2014 | $435,222,373▲11.6% | $390,319,855▲10.9% | $345,997,544▲14.6% | $456,279,851▲8.8% | 990 |
| 2013 | $390,102,887 | $351,903,981▲3.3% | $301,947,527▲27.8% | $419,526,938▲16.6% | 990 |
| 2012 | — | $340,497,581▲0.2% | $236,318,821▲27.7% | $359,864,568▲5.7% | 990 |
| 2011 | — | $339,720,990▼1.6% | $185,074,549▼6.7% | $340,420,974▲1.7% | 990 |
| 2010 | — | $345,131,894▲3.4% | $198,285,885▲25.6% | $334,567,719▲8.1% | 990 |
| 2009 | — | $333,889,627 | $157,830,092 | $309,573,244 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Louise Morrell Silberstein Md — $990,167 (0.13% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Louise Morrell Silberstein Md | Chief Medical Executive Lci | 45 | $990,167 |
| Mark Larkin | President of Brrh Foundation, Inc | 45 | $666,179 |
| Melissa Durbin | Chief Nursing Officer | 50 | $471,923 |
| Haroula P Norden | Coo | 50 | $453,376 |
| Ilan Alhadeff | Avp Medical Svcs and Care Mgmt | 45 | $442,134 |
| Marcella E Gravalese | Vp Bhmg North | 45 | $397,140 |
| Samer Fahmy | Cmo - End 10/1/2023 | 50 | $386,626 |
| Brian Altschuler | Vp | 50 | $370,280 |
| Suresh Rana | Dir Medical Physics | 45 | $320,453 |
| Mindy Shikiar | Former Coo | 0 | $197,369 |
| Amy Cole | Former Coo | 0 | $173,683 |
| Adam Hasner | Director | 2 | — |
| Ana Maria Restrepo | Director | 2 | — |
| Carrie Rubin | Director | 2 | — |
| Christine E Lynn | Director | 2 | — |
| Christopher Wheeler | Director | 2 | — |
| Clara Bennett | Director - Beg 02/2024 | 2 | — |
| David A Kirschner | Director | 2 | — |
| Ira Lazar Md | Director | 2 | — |
| Jay A Hershoff Esq | Director | 2 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Center For Hematology - Oncology PA | Physician Services | $34,880,700 |
| Florida Atlantic University | Professional Services | $7,530,361 |
| Aya Healthcare Inc | Contract Labor | $5,523,310 |
| Florida Hospital Medicine Services LLC | Physician Services | $2,954,158 |
| Management Health System LLC | Contract Labor | $2,886,784 |
Grants received · $332.9M total
59 grants to Boca Raton Regional Hospital Inc totaling $332.9M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Florida Essential Healthcare Partnerships Foundation Inc | — | 2024 | $5,000,000 |
| American Endowment Foundation | Health, general | 2024 | $7,250 |
| Boca Raton Regional Hospital Foundation Inc | Support hospital needs | 2023 | $70,282,799 |
| Florida Essential Healthcare Partnerships Foundation Inc | — | 2023 | $4,528,000 |
| Emory University | Research/subcontract | 2023 | $986,209 |
| National Philanthropic Tr | Health | 2023 | $286,810 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $102,224 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $80,000 |
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2023 | $50,000 |
| American Endowment Foundation | Health, general | 2023 | $26,200 |
| American Endowment Foundation | Health, general | 2023 | $25,000 |
| Donor Advised Charitable Giving | Health | 2023 | $8,500 |
| Boca Raton Regional Hospital Foundation Inc | Support hospital needs | 2022 | $48,987,791 |
| American Endowment Foundation | Health, general | 2022 | $320,000 |
| Baptist Health South Florida Foundation Inc | Operations | 2022 | $262,095 |
Grants made · $8,500 in FY2022
1 grant totaling $8,500 in FY2022. All grants made by Boca Raton Regional Hospital Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Alzheimers Community Care Foundation Inc | Support for the family nurse navigator program. | $8,500 |
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Frequently asked questions
- Is Boca Raton Regional Hospital Inc a legitimate nonprofit?
- Yes. Boca Raton Regional Hospital Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 59-1006663, based in Boca Raton, Florida. Donations are tax-deductible.
- What is Boca Raton Regional Hospital Inc's EIN?
- Boca Raton Regional Hospital Inc's Employer Identification Number (EIN) is 59-1006663.
- How much revenue does Boca Raton Regional Hospital Inc report?
- Boca Raton Regional Hospital Inc reported $837,151,455 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Boca Raton Regional Hospital Inc's spending goes to programs?
- Boca Raton Regional Hospital Inc spends about 88% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Boca Raton Regional Hospital Inc have?
- CharityIndex grades Boca Raton Regional Hospital Inc A, based on program efficiency and fundraising cost.
- How much does Boca Raton Regional Hospital Inc's highest-paid employee make?
- The highest reported compensation on Boca Raton Regional Hospital Inc's latest Form 990 is $990,167, paid to Louise Morrell Silberstein Md (Chief Medical Executive Lci).
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Data for Boca Raton Regional Hospital Inc (EIN 59-1006663) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.