Centerplace Health Inc is a 501(c)(3) organization based in Sarasota, Florida, registered in 2015, with $22,379,761 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$22.4M
▲ 8.0% vs prior year
Health median: $840K
Expenses (FY2024)
$18.8M
Net assets
$5.1M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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. Not scored for Centerplace Health Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Centerplace Health Inc: 3 mo reserves · +16% margin earns a A on this criterion. See the exact thresholds →
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. Not scored for Centerplace Health Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Centerplace Health Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $185K (FY2016) to $22.4M (FY2024) across 7 reported years.
Financial snapshot
Operating margin
16.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$8.2M
Total liabilities
$3.1M
Net assets
$5.1M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $22,379,761▲8.0% | $18,769,650▼15.0% | $5,114,311▲240% | $8,225,383▲54.0% | 990 |
| 2023 | $20,722,789▲6.9% | $22,091,427▲27.8% | $1,504,200▼67.6% | $5,342,716▼5.6% | 990 |
| 2022 | $19,386,691▲11.2% | $17,291,944▲0.1% | $4,645,462▲82.1% | $5,660,266▲19.8% | 990 |
| 2021 | $17,434,510▲13.6% | $17,276,414▲19.1% | $2,550,715▲6.6% | $4,724,060▲2.7% | 990 |
| 2020 | $15,349,341▲90.5% | $14,500,344▲88.1% | $2,392,619▲312% | $4,600,335▲99.1% | 990 |
| 2018 | $8,058,595▲4250% | $7,710,499▲5575% | $580,934▲729% | $2,309,991▲3130% | 990 |
| 2016 | $185,242 | $135,866 | $70,092 | $71,508 | 990EZ |
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.
20 grants to Centerplace Health Inc totaling $2.5M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Community Foundation of Sarasota County Inc | Healthcare | 2024 | $56,000 |
| Direct Relief | Hurricane helene response | 2024 | $25,000 |
| Direct Relief | Support to us clinics & health centers for low-income, uninsured patients | 2024 | $22,776 |
| Central Florida Behavioral Health Network Inc | Substance abuse dcf suncoast region | 2023 | $147,784 |
| Gulf Coast Community Foundation Inc | Health | 2023 | $23,466 |
| Community Foundation of Sarasota County Inc | General support, program support | 2023 | $23,315 |
| Direct Relief | Hurricane ian | 2022 | $100,000 |
| Community Foundation of Sarasota County Inc | Program support | 2022 | $61,500 |
| Americares Foundation Inc | Emergency | 2022 | $60,000 |
| Americares Foundation Inc | Emergency | 2022 | $60,000 |
| Direct Relief | Support to us clinics & health centers for low-income, uninsured patients | 2022 | $21,639 |
| Gulf Coast Community Foundation Inc | Human services | 2022 | $13,201 |
| Gulf Coast Community Foundation Inc | Health | 2021 | $394,815 |
| Community Foundation of Sarasota County Inc | General support, program support | 2021 | $39,874 |
| Gulf Coast Community Foundation Inc | Health | 2020 | $358,283 |
Explore more
Data for Centerplace Health Inc (EIN 20-2779327) 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.