Baycare Home Care Inc

Analysis

Baycare Home Care Inc is a registered charity in United States, based in Largo, FL. It received its IRS tax-exemption ruling in July 2001, 25 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Baycare Home Care Inc reported income of $218.8m and spending of $215.7m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $205.0m to $218.8m (+6.8%), an average of +1.7% a year. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Baycare Home Care Inc sits at the 97th percentile: it is larger than about 97% 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 Mercy Hospital Jefferson ($218.8m), Marion General Hospital ($219.1m) and Indiana Regional Medical Center ($218.0m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $1.8m (0.8% of expenses). Other salaries and wages came to $77.6m. At year end it held assets of $56.8m against liabilities of $15.2m, net assets of $41.6m. It reported 1,464 employees.