Baptist Physician Network

Analysis

Baptist Physician Network is a registered charity in United States, based in Beaumont, TX. It received its IRS tax-exemption ruling in August 2009, 17 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, Baptist Physician Network reported income of $11.3m and spending of $22.3m, spending 198% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.5m to $11.3m (+73%), an average of +15% a year. The sharpest change came in the year to June 2022, when income rose by 26%. Over the whole period it spent 188% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Baptist Physician Network sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include Community Care of Rutherford County Inc ($11.3m), Community Guidance Center ($11.3m) and Behavioral Healthcare Partners of Central Ohio Inc ($11.2m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $10.3m. At year end it held assets of $1.8m against liabilities of $61.8m, net assets of -$60.0m. It reported 22 employees.

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.