Baptist Health Foundation Greater Louisville Inc

Analysis

Baptist Health Foundation Greater Louisville Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in March 2004, 22 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Baptist Health Foundation Greater Louisville Inc reported income of $4.0m and spending of $2.0m, leaving 49% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income fell from $4.2m to $4.0m (-4.5%), an average of -1.1% a year. The sharpest change came in the year to August 2021, when income rose by 62%. Over the whole period it spent 35% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Baptist Health Foundation Greater Louisville Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within KY. Charities of a similar size with the same main cause include House Next Door Inc ($4.0m), Vista Adult Services Organization ($4.0m) and Lakeland Regional Medical Center Foundation Inc ($4.0m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 101% of the total. Other salaries and wages came to $392k. At year end it held assets of $18.9m against liabilities of $130k, net assets of $18.8m. It reported 4 employees.