Baptist Memorial Hospital-North Mississippi Inc

Analysis

Baptist Memorial Hospital-North Mississippi Inc is a registered charity in United States, based in Oxford, MS. It received its IRS tax-exemption ruling in August 1989, 37 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-North Mississippi Inc reported income of $253.8m and spending of $230.7m, spending 91% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $221.5m to $253.8m (+15%), an average of +3.5% a year. Over the whole period it spent 92% 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-North Mississippi 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 Hamaspik Care Inc ($253.2m), McLaren Port Huron ($254.1m) and Good Samaritan Regional Health Center ($253.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.5% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $781k (0.3% of expenses). Other salaries and wages came to $66.4m. At year end it held assets of $696.0m against liabilities of $327.2m, net assets of $368.8m. It reported 1,710 employees.