Baldwin Family Health Care
Analysis
Baldwin Family Health Care is a registered charity in United States, based in Baldwin, MI. It received its IRS tax-exemption ruling in May 1975, 51 years ago. 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 March 2023, Baldwin Family Health Care reported income of $41.6m and spending of $39.9m, spending 96% of its income. Across the 5 years on record, from March 2019 to March 2023, income grew from $11.6m to $41.6m (+258%), an average of +38% a year. The sharpest change came in the year to March 2020, when income rose by 215%. Over the whole period it spent 95% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Baldwin Family Health Care sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within MI. Charities of a similar size with the same main cause include Glenridge on Palmer Ranch Inc ($41.5m), Support Our Troops Inc ($41.6m) and Margaret Woodbury Strong Museum ($41.5m).
On its Form 990 for the period ending March 2023, revenue came from contributions and grants 22% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $844k (2.1% of expenses). Other salaries and wages came to $15.5m. At year end it held assets of $31.7m against liabilities of $8.2m, net assets of $23.5m. It reported 382 employees.
Income and spending
Where the income comes from
- Contributions & grants 22%
- Program services 78%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Glenridge on Palmer Ranch Inc | Sarasota | $41.5m |
| Support Our Troops Inc | Daytona Beach | $41.6m |
| Margaret Woodbury Strong Museum | Rochester | $41.5m |
| Lifewell | Phoenix | $41.6m |