Baptist Health Foundation of Birmingham Inc

Analysis

Baptist Health Foundation of Birmingham Inc is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in August 1967, 59 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Baptist Health Foundation of Birmingham Inc reported income of $3.4m and spending of $3.1m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.6m to $3.4m (+32%), an average of +7.1% a year. The sharpest change came in the year to December 2020, when income rose by 26%. Over the whole period it spent 85% 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 of Birmingham Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 93rd percentile within AL. Charities of a similar size with the same main cause include Hamm Memorial Psychiatric Clinic ($3.4m), Firefighters Charitable Foundation Inc ($3.4m) and Marin Treatment Center ($3.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $38.4m against liabilities of $806k, net assets of $37.6m.