Baxter Foundation Inc

Analysis

Baxter Foundation Inc is a registered charity in United States, based in Edmond, OK. It received its IRS tax-exemption ruling in August 2013, 13 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 December 2023, Baxter Foundation Inc reported income of $3.1m and spending of $1.7m, leaving 44% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $3.1m (+140%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 70%. Over the whole period it spent 78% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Baxter Foundation Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within OK. Charities of a similar size with the same main cause include Ada Foundation ($3.1m), Northern Illinois Cancer Treatment Center ($3.1m) and Orthopaedic Research Society ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $124k. At year end it held assets of $2.6m against liabilities of $0, net assets of $2.6m.