Baptist Health Foundation Lexington Inc

Analysis

Baptist Health Foundation Lexington Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in January 2005, 21 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Baptist Health Foundation Lexington Inc reported income of $1.7m and spending of $2.6m, spending 146% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $434k to $1.7m (+303%), an average of +42% a year. The sharpest change came in the year to August 2022, when income rose by 168%. Over the whole period it spent 60% 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 Foundation Lexington Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within KY. Charities of a similar size with the same main cause include Brain Aneurysm Foundation Incorporated ($1.7m), Ronald McDonald House Charities of Wichita Inc ($1.7m) and Real Options for Women ($1.7m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 101% of the total. Other salaries and wages came to $412k. At year end it held assets of $5.6m against liabilities of $62k, net assets of $5.6m. It reported 3 employees.