Continuecare Hospital at Baptist Health LLC

Analysis

Continuecare Hospital at Baptist Health LLC is a registered charity in United States, based in Corbin, KY. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Continuecare Hospital at Baptist Health LLC reported income of $13.6m and spending of $12.0m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.2m to $13.6m (+47%), an average of +10% a year. The sharpest change came in the year to June 2020, when income rose by 16%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Continuecare Hospital at Baptist Health LLC sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within KY. Charities of a similar size with the same main cause include Independence Care System Inc ($13.5m), North Sound Accountable Community of Health ($13.6m) and Steuben Churchpeople Against Poverty Inc ($13.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.9% and program service revenue 98% of the total. Other salaries and wages came to $5.8m. At year end it held assets of $3.6m against liabilities of $1.3m, net assets of $2.3m. It reported 96 employees.