Baptist Home Inc

Analysis

Baptist Home Inc is a registered charity in United States, based in Edina, MN. It received its IRS tax-exemption ruling in March 1954, 72 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Baptist Home Inc reported income of $21.5m and spending of $20.1m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $16.2m to $21.5m (+33%), an average of +7.3% a year. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Baptist Home Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within MN. Charities of a similar size with the same main cause include Cancer Support Community San Francisco Bay Area ($21.5m), Antelope Memorial Hospital ($21.5m) and Heartland Medical Clinic Inc ($21.5m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $11.3m. At year end it held assets of $24.3m against liabilities of $15.7m, net assets of $8.5m. It reported 397 employees.