Baptist Memorial Hospital Huntingdon

Analysis

Baptist Memorial Hospital Huntingdon is a registered charity in United States, based in Huntingdon, TN. It received its IRS tax-exemption ruling in May 1984, 42 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Baptist Memorial Hospital Huntingdon reported income of $27.8m and spending of $28.2m, spending 102% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $18.3m to $27.8m (+52%), an average of +11% a year. The sharpest change came in the year to September 2021, when income rose by 19%. Over the whole period it spent 106% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Baptist Memorial Hospital Huntingdon sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within TN. Charities of a similar size with the same main cause include Sherrill House Inc ($27.7m), Clinical Services Inc ($27.8m) and Jenners Pond Inc ($27.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 1.0% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $250k (0.9% of expenses). Other salaries and wages came to $11.1m. At year end it held assets of $18.6m against liabilities of $59.7m, net assets of -$41.1m. It reported 310 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.