Baystate Health Inc

Analysis

Baystate Health Inc is a registered charity in United States, based in Springfield, MA. It received its IRS tax-exemption ruling in November 1993, 33 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Baystate Health Inc reported income of $28.0m and spending of $25.8m, spending 92% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $28.9m to $28.0m (-2.9%), an average of -0.7% a year. The sharpest change came in the year to September 2023, when income rose by 143%. Over the whole period it spent 104% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Baystate Health Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within MA. Charities of a similar size with the same main cause include University Neurology Inc ($28.0m), Uhealthsolutions Inc ($28.1m) and Community Dialysis Center ($28.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 49% and program service revenue 31% of the total. Other salaries and wages came to $296k. At year end it held assets of $321.0m against liabilities of $224.1m, net assets of $96.9m.