Baptist Health Deaconess Medical Group Inc

Analysis

Baptist Health Deaconess Medical Group Inc is a registered charity in United States, based in Madisonville, KY. It received its IRS tax-exemption ruling in September 2022, 4 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 August 2023, Baptist Health Deaconess Medical Group Inc reported income of $42.1m and spending of $61.8m, spending 147% of what it took in. Across the 2 years on record, from August 2022 to August 2023, income grew from $34.0m to $42.1m (+24%), an average of +24% a year. The sharpest change came in the year to August 2023, when income rose by 24%. Over the whole period it spent 160% 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 Deaconess Medical Group Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within KY. Charities of a similar size with the same main cause include Aspire Indiana Inc ($42.0m), Community Solutions Inc ($42.1m) and Crossett Health Foundation ($42.0m).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 97% of the total. Other salaries and wages came to $43.2m. At year end it held assets of $6.9m against liabilities of $6.9m, net assets of -$53k. It reported 449 employees.