Baylor Health Care System Foundation

Analysis

Baylor Health Care System Foundation is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in October 1978, 48 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Baylor Health Care System Foundation reported income of $57.3m and spending of $47.9m, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $72.6m to $57.3m (-21%), an average of -5.7% a year. The sharpest change came in the year to June 2022, when income rose by 43%. Over the whole period it spent 111% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Baylor Health Care System Foundation sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within TX. Charities of a similar size with the same main cause include Hillcrest Physician Services ($57.2m), Mille Lacs Health System ($57.3m) and Columbiacare Services Inc ($57.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 58% of the total. Compensation of current officers, directors and key employees was $1.2m (2.4% of expenses). Other salaries and wages came to $3.5m. It paid $138k in professional fundraising fees. At year end it held assets of $420.4m against liabilities of $7.6m, net assets of $412.7m. It reported 37 employees.