Baptist Hospitals Foundation Inc

Analysis

Baptist Hospitals Foundation Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in March 1985, 41 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 August 2023, Baptist Hospitals Foundation Inc reported income of $7.8m and spending of $2.4m, leaving 69% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $563k to $7.8m (+1283%), an average of +93% a year. The sharpest change came in the year to August 2020, when income rose by 146%. Over the whole period it spent 58% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Baptist Hospitals Foundation Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within KY. Charities of a similar size with the same main cause include Family Life Counseling & Psychiatric Services ($7.8m), Foothills Community Health Care ($7.8m) and Alcohol and Drug Council of Tompkins County Inc ($7.8m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $1.3m. It paid $18k in professional fundraising fees. At year end it held assets of $8.6m against liabilities of $99k, net assets of $8.5m. It reported 15 employees.