Baptist Memorial Hospital-Golden Triangle Inc

Analysis

Baptist Memorial Hospital-Golden Triangle Inc is a registered charity in United States, based in Columbus, MS. It received its IRS tax-exemption ruling in September 1993, 33 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 September 2023, Baptist Memorial Hospital-Golden Triangle Inc reported income of $247.5m and spending of $222.7m, spending 90% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $199.3m to $247.5m (+24%), an average of +5.6% a year. Over the whole period it spent 90% 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-Golden Triangle 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 MS. Charities of a similar size with the same main cause include Florida Hospital Zephyrhills Inc ($246.7m), St Charles Hospital Corp ($248.6m) and Research Foundation for Mental Hygiene Inc ($246.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.3% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $934k (0.4% of expenses). Other salaries and wages came to $66.5m. At year end it held assets of $283.7m against liabilities of $16.9m, net assets of $266.8m. It reported 1,531 employees.