Bayada Home Health Care Inc

Analysis

Bayada Home Health Care Inc is a registered charity in United States, based in Pennsauken, NJ. It received its IRS tax-exemption ruling in July 2019, 7 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bayada Home Health Care Inc reported income of $1.70bn and spending of $1.67bn, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.49bn to $1.70bn (+14%), an average of +3.4% a year. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Bayada Home Health Care Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within NJ. Charities of a similar size with the same main cause include Scott & White Memorial Hospital ($1.69bn), Loma Linda Mercantile ($1.71bn) and Kaleida Health ($1.69bn).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $18.7m (1.1% of expenses). Other salaries and wages came to $1.21bn. It paid $480k in professional fundraising fees. At year end it held assets of $641.4m against liabilities of $300.4m, net assets of $341.0m. It reported 46,951 employees.