Baylor Scott & White Medical Centers-Capitol Area

Analysis

Baylor Scott & White Medical Centers-Capitol Area is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in October 2017, 9 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, Baylor Scott & White Medical Centers-Capitol Area reported income of $114.2m and spending of $110.6m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.0m to $114.2m (+1175%), an average of +89% a year. The sharpest change came in the year to June 2020, when income rose by 645%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Baylor Scott & White Medical Centers-Capitol Area sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 100th percentile within TX. Charities of a similar size with the same main cause include Bowen Health Inc ($114.1m), Primary Health Network ($114.2m) and Indiana University Health Bedford Inc ($114.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.0% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $227k (0.2% of expenses). Other salaries and wages came to $38.7m. At year end it held assets of $164.6m against liabilities of $160.2m, net assets of $4.4m. It reported 590 employees.