Baylor Research Institute

Analysis

Baylor Research Institute is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in February 1984, 42 years ago. Its declared purposes cover medical research, 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 Research Institute reported income of $73.3m and spending of $76.7m, spending 105% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $69.3m to $73.3m (+5.7%), an average of +1.4% a year. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Baylor Research Institute 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 Owensboro Health Twin Lakes Regional Medical Center Inc ($73.3m), Equitas Health Inc ($73.3m) and Bisbee Hospital Association ($73.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 49% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $1.4m (1.9% of expenses). Other salaries and wages came to $37.2m. At year end it held assets of $157.6m against liabilities of $11.6m, net assets of $146.0m. It reported 570 employees.