Baptist Hospitals of Southeast Texas Foundation

Analysis

Baptist Hospitals of Southeast Texas Foundation is a registered charity in United States, based in Beaumont, TX. It received its IRS tax-exemption ruling in July 2009, 17 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 June 2024, Baptist Hospitals of Southeast Texas Foundation reported income of $1.6m and spending of $1.5m, spending 94% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $730k to $1.6m (+122%), an average of +22% a year. The sharpest change came in the year to June 2023, when income rose by 485%. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Baptist Hospitals of Southeast Texas Foundation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 88th percentile within TX. Charities of a similar size with the same main cause include Bluegrass Rape Crisis Center Inc ($1.6m), Planned Parenthood Cameron County ($1.6m) and Tuality Healthcare Foundation ($1.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 84% of the total. Other salaries and wages came to $108k. At year end it held assets of $1.9m against liabilities of $0, net assets of $1.9m.