Baptist Health Foundation Corbin Inc

Analysis

Baptist Health Foundation Corbin Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Baptist Health Foundation Corbin Inc reported income of $1.4m and spending of $1.4m, spending 98% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $991k to $1.4m (+43%), an average of +9.3% a year. The sharpest change came in the year to August 2021, when income rose by 45%. Over the whole period it spent 95% 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 Corbin Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within KY. Charities of a similar size with the same main cause include Family Safety Center of Memphis and Shelby County Inc ($1.4m), Ryder Health Plan Inc ($1.4m) and Positive Effect Outreach Ministry Inc ($1.4m).

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 $181k. At year end it held assets of $905k against liabilities of $142k, net assets of $763k. It reported 2 employees.