Baptist Minor Medical Centers Inc

Analysis

Baptist Minor Medical Centers Inc is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in January 2007, 19 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 Minor Medical Centers Inc reported income of $4.8m and spending of $6.9m, spending 143% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $4.4m to $4.8m (+9.0%), an average of +2.2% a year. The sharpest change came in the year to September 2021, when income rose by 58%. Over the whole period it spent 148% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Baptist Minor Medical Centers Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within TN. Charities of a similar size with the same main cause include Samaritan Medical Practice PC ($4.8m), Open Door Health Center Inc ($4.8m) and NDH Foundation ($4.8m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $1.8m. At year end it held assets of $2.2m against liabilities of $25.9m, net assets of -$23.8m. It reported 131 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.