Bateman Horne Center of Excellence Inc

Analysis

Bateman Horne Center of Excellence Inc is a registered charity in United States, based in Salt Lake Cty, UT. It received its IRS tax-exemption ruling in July 2002, 24 years ago. Its declared purposes cover medical research, 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, Bateman Horne Center of Excellence Inc reported income of $2.5m and spending of $2.5m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $2.5m (+51%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 104% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Bateman Horne Center of Excellence Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 86th percentile within UT. Charities of a similar size with the same main cause include MPN Research Foundation ($2.5m), Samaritan Counseling Center ($2.5m) and Ut Southwestern Health Systems ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $256k (10% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $809k against liabilities of $772k, net assets of $37k. It reported 25 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.