Baystate Administrative Services Inc

Analysis

Baystate Administrative Services Inc is a registered charity in United States, based in Springfield, MA. It received its IRS tax-exemption ruling in August 1987, 39 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 under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Baystate Administrative Services Inc reported income of $176.8m and spending of $179.7m, spending 102% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $128.3m to $176.8m (+38%), an average of +8.4% a year. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Baystate Administrative Services Inc sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 99th percentile within MA. Charities of a similar size with the same main cause include Edward Health Ventures ($176.4m), Concordia Lutheran Ministries ($176.9m) and Mary Free Bed Rehabilitation Hospital ($176.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.0% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $10.6m (5.9% of expenses). Other salaries and wages came to $60.7m. At year end it held assets of $44.6m against liabilities of $76.7m, net assets of -$32.1m. It reported 655 employees.