Baptist Health Care Foundation Inc

Analysis

Baptist Health Care Foundation Inc is a registered charity in United States, based in Pensacola, FL. It received its IRS tax-exemption ruling in April 1978, 48 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 September 2023, Baptist Health Care Foundation Inc reported income of $5.1m and spending of $4.1m, leaving 21% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.5m to $5.1m (+108%), an average of +20% a year. The sharpest change came in the year to September 2021, when income rose by 277%. Over the whole period it spent 44% 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 Care Foundation Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within FL. Charities of a similar size with the same main cause include Pasadena Health Center Inc ($5.1m), Straub Foundation ($5.1m) and Healthfirst Network Inc ($5.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 111% of the total. At year end it held assets of $16.5m against liabilities of $86k, net assets of $16.4m.