Baylor Health Care System

Analysis

Baylor Health Care System is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in June 1982, 44 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation 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 reported income of $61.9m and spending of $146.6m, spending 237% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $36.1m to $61.9m (+72%), an average of +14% a year. The sharpest change came in the year to June 2020, when income rose by 81%. Over the whole period it spent 187% 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 sits at the 94th percentile: it is larger than about 94% 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 Cahaba Medical Care Foundation ($61.9m), Childrens Hospital of Chicago Medical Center ($61.9m) and Montefiore Mount Vernon Hospital ($61.7m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 79% of the total. At year end it held assets of $1.82bn against liabilities of $304.2m, net assets of $1.51bn.

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.