Baptist Memorial Hospital - Calhoun Inc

Analysis

Baptist Memorial Hospital - Calhoun Inc is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in November 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 supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Baptist Memorial Hospital - Calhoun Inc reported income of $14.9m and spending of $15.4m, spending 103% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $10.2m to $14.9m (+46%), an average of +9.8% a year. The sharpest change came in the year to September 2021, when income rose by 31%. Over the whole period it spent 107% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Baptist Memorial Hospital - Calhoun Inc sits at the 87th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within TN. Charities of a similar size with the same main cause include Planned Parenthood Arizona Inc ($14.9m), Addictions Recovery Center Inc ($14.9m) and Good Shepherd Community Clinic Inc ($14.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 3.9% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $83k (0.5% of expenses). Other salaries and wages came to $5.9m. At year end it held assets of $8.5m against liabilities of $14.7m, net assets of -$6.2m. It reported 159 employees.