Baptist Health Services

Analysis

Baptist Health Services is a registered charity in United States, based in Little Rock, AR. It received its IRS tax-exemption ruling in September 2020, 6 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Baptist Health Services reported income of $80.4m and spending of $80.4m, spending 100% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $7.5m to $80.4m (+973%), an average of +61% a year. The sharpest change came in the year to December 2019, when income rose by 520%. Over the whole period it spent 114% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Baptist Health Services sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within AR. Charities of a similar size with the same main cause include Mountain Comprehensive Health Corporation ($80.2m), Royal Charter Properties - East Inc ($80.4m) and Salem Health West Valley ($80.2m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $175k (0.2% of expenses). Other salaries and wages came to $59.2m. At year end it held assets of $8.8m against liabilities of $6.8m, net assets of $1.9m. It reported 328 employees.