Baylor Scott & White Medical Centers - Greater North Texas

Analysis

Baylor Scott & White Medical Centers - Greater North Texas is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in June 1959, 67 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 June 2023, Baylor Scott & White Medical Centers - Greater North Texas reported income of $304.9m and spending of $254.0m, spending 83% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $203.4m to $304.9m (+50%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 18%. Over the whole period it spent 82% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Baylor Scott & White Medical Centers - Greater North Texas sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within TX. Charities of a similar size with the same main cause include Pacmed Clinics ($304.7m), Gillette Childrens Specialty Health Care ($305.8m) and Southeastern Regional Medical Center ($304.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.7% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $2.4m (0.9% of expenses). Other salaries and wages came to $84.1m. At year end it held assets of $372.9m against liabilities of $97.6m, net assets of $275.3m. It reported 1,270 employees.