Baptist Health Foundation

Analysis

Baptist Health Foundation is a registered charity in United States, based in Little Rock, AR. It received its IRS tax-exemption ruling in March 1972, 54 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 December 2023, Baptist Health Foundation reported income of $5.4m and spending of $3.0m, leaving 45% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.3m to $5.4m (+65%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 58%. Over the whole period it spent 100% 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 sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within AR. Charities of a similar size with the same main cause include Association for Autism and Neurodiversity Inc ($5.4m), Institute for Molecular Medicine ($5.4m) and Center for Disease Dynamics Economics & Policy Inc ($5.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% of the total. Compensation of current officers, directors and key employees was $246k (8.3% of expenses). Other salaries and wages came to $465k. At year end it held assets of $41.1m against liabilities of $1.4m, net assets of $39.7m. It reported 10 employees.