Baycare Behavioral Health Inc

Analysis

Baycare Behavioral Health Inc is a registered charity in United States, based in New PRT Rchy, FL. It received its IRS tax-exemption ruling in August 1974, 52 years ago. Its declared purposes cover mental health and crisis intervention, 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 December 2023, Baycare Behavioral Health Inc reported income of $48.7m and spending of $54.0m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $34.0m to $48.7m (+43%), an average of +9.4% a year. The sharpest change came in the year to December 2022, when income rose by 17%. Over the whole period it spent 108% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Baycare Behavioral Health Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within FL. Charities of a similar size with the same main cause include Memorial Hermann Foundation ($48.7m), Childrens Hospital Anesthesia Corporation ($48.7m) and Rural Health Group Inc ($48.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $251k (0.5% of expenses). Other salaries and wages came to $30.8m. At year end it held assets of $11.1m against liabilities of $37.9m, net assets of -$26.9m. It reported 577 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.