Baptist Memorial Regional Rehabilitation Services Inc

Analysis

Baptist Memorial Regional Rehabilitation Services Inc is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in April 1987, 39 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 Memorial Regional Rehabilitation Services Inc reported income of $9.5m and spending of $14.0m, spending 147% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $11.9m to $9.5m (-20%), an average of -5.5% a year. The sharpest change came in the year to September 2020, when income rose by 19%. Over the whole period it spent 113% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Baptist Memorial Regional Rehabilitation Services Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within TN. Charities of a similar size with the same main cause include Scandinavian Home Inc ($9.5m), Ellis County Coalition for Health Options ($9.5m) and Providence Health Care Foundation Eastern Washington ($9.5m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $5.4m. At year end it held assets of $4.1m against liabilities of $33.5m, net assets of -$29.3m. It reported 97 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.