Baptist Outpatient Services Inc

Analysis

Baptist Outpatient Services Inc is a registered charity in United States, based in Coral Gables, FL. It received its IRS tax-exemption ruling in June 2003, 23 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Baptist Outpatient Services Inc reported income of $179.0m and spending of $162.1m, spending 91% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $119.9m to $179.0m (+49%), an average of +10% a year. The sharpest change came in the year to September 2021, when income rose by 34%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Baptist Outpatient Services Inc sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within FL. Charities of a similar size with the same main cause include Community Health Partners ($178.5m), Tidalhealth Inc ($179.0m) and Mymichigan Medical Group ($178.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.2% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $1.4m (0.9% of expenses). Other salaries and wages came to $45.3m. At year end it held assets of $117.7m against liabilities of $76.1m, net assets of $41.6m. It reported 902 employees.