Baptist Health Properties Inc

Analysis

Baptist Health Properties Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in August 1985, 41 years ago. 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 Properties Inc reported income of $14.0m and spending of $10.8m, leaving 23% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $8.2m to $14.0m (+72%), an average of +14% a year. The sharpest change came in the year to September 2023, when income rose by 20%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Baptist Health Properties 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 96th percentile, and in the 97th percentile within FL. Charities of a similar size with the same main cause include Valley of the Sun Jewish Community Center Inc ($14.0m), Illinois Association of School Boards ($14.1m) and St Annes Episcopal School Inc ($14.0m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 98% of the total. At year end it held assets of $139.6m against liabilities of $128.2m, net assets of $11.4m.