Baylor Scott & White Medical Center - Centennial

Analysis

Baylor Scott & White Medical Center - Centennial is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in September 2018, 8 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 Center - Centennial reported income of $137.3m and spending of $120.1m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $100.3m to $137.3m (+37%), an average of +8.2% a year. The sharpest change came in the year to June 2021, when income rose by 25%. Over the whole period it spent 93% 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 Center - Centennial 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 American Diabetes Association Inc ($136.8m), U of M Rehab & Orthopaedic Institute ($137.3m) and Wellspace Health ($136.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.1% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $1.2m (1.0% of expenses). Other salaries and wages came to $40.5m. At year end it held assets of $160.3m against liabilities of $15.9m, net assets of $144.4m. It reported 586 employees.