Baptist Memorial Health Care Corporation
EIN: 581521475 · Memphis, TN · NTEE: E210
| Metric | Value |
|---|---|
| Total Revenue | $398.1M |
| Total Expenses | $319.8M |
| Net Assets | $1.1B |
Is Baptist Memorial Health Care Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Baptist Memorial Health Care Corporation
Baptist Memorial Health Care Corporation (EIN: 581521475) is a nonprofit organization based in Memphis, TN, classified under NTEE code E210. The organization reported total revenue of $398.1M and total assets of $1.7B according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Baptist Memorial Health Care Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Baptist Memorial Health Care Corporation is a major nonprofit that has been operating for 43 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $281.0M |
| Total Expenses | $319.8M |
| Surplus / Deficit | $-38,824,494 |
| Total Assets | $1.4B |
| Total Liabilities | $250.7M |
| Net Assets | $1.1B |
| Operating Margin | -13.8% |
| Debt-to-Asset Ratio | 18.4% |
| Months of Reserves | 51.1 months |
Financial Health Grade: B
In 2023, Baptist Memorial Health Care Corporation reported a deficit of $38.8M with expenses exceeding revenue, holds 51.1 months of operating reserves (strong position), has a debt-to-asset ratio of 18.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Baptist Memorial Health Care Corporation's revenue has grown at a compound annual growth rate (CAGR) of 5.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.8% | +5.1% | -6.5% |
| 2022 | +11.6% | -1.0% | -14.0% |
| 2021 | -0.8% | +4.0% | -0.1% |
| 2020 | +9.1% | +14.0% | +22.9% |
| 2019 | -3.9% | +4.4% | +1.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1983 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Baptist Memorial Health Care Corporation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Baptist Memorial Health Care Corporation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $38.8M, with expenses exceeding revenue.
- Debt-to-asset ratio: 18.4%.
Frequently Asked Questions about Baptist Memorial Health Care Corporation
Is Baptist Memorial Health Care Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Baptist Memorial Health Care Corporation (EIN: 581521475) insufficient data. 0 red flags identified, 0 strengths noted.
How does Baptist Memorial Health Care Corporation spend its money?
Detailed spending breakdown data is not yet available for Baptist Memorial Health Care Corporation. Check back for updated IRS 990 analysis.
Are donations to Baptist Memorial Health Care Corporation tax-deductible?
Baptist Memorial Health Care Corporation is registered as a tax-exempt nonprofit (EIN: 581521475). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Baptist Memorial Health Care Corporation located?
Baptist Memorial Health Care Corporation is headquartered in Memphis, Tennessee and files with the IRS under EIN 581521475. It is classified under NTEE code E210.
How many years of IRS 990 filings does Baptist Memorial Health Care Corporation have?
Baptist Memorial Health Care Corporation has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $398.1M in total revenue.
Filing History
IRS 990 filing history for Baptist Memorial Health Care Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Baptist Memorial Health Care Corporation's revenue has grown by 90.7%, moving from $147.3M to $281.0M. Total assets increased by 227.2% over the same period, from $416.1M to $1.4B. Total functional expenses rose by 111.3%, from $151.4M to $319.8M. In its most recent filing year (2023), Baptist Memorial Health Care Corporation reported a deficit of $38.8M, with expenses exceeding revenue. The organization holds $250.7M in liabilities against $1.4B in assets (debt-to-asset ratio: 18.4%), resulting in net assets of $1.1B.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $281.0M | $319.8M | $1.4B | $250.7M | — | View 990 |
| 2022 | $278.7M | $304.3M | $1.5B | $343.0M | — | View 990 |
| 2021 | $249.6M | $307.3M | $1.7B | $520.6M | — | — |
| 2020 | $251.6M | $295.5M | $1.7B | $540.2M | — | — |
| 2019 | $230.7M | $259.3M | $1.4B | $192.3M | — | View 990 |
| 2018 | $240.2M | $248.4M | $1.4B | $126.9M | — | View 990 |
| 2017 | $601.8M | $228.3M | $1.4B | $133.3M | — | View 990 |
| 2016 | $222.5M | $214.7M | $984.9M | $129.2M | — | View 990 |
| 2015 | $199.5M | $209.5M | $775.5M | $234.3M | — | View 990 |
| 2014 | $239.3M | $272.2M | $989.9M | $486.0M | — | View 990 |
| 2013 | $178.8M | $179.6M | $783.9M | $385.5M | — | View 990 |
| 2012 | $161.9M | $160.5M | $676.0M | $356.3M | — | View 990 |
| 2011 | $147.3M | $151.4M | $416.1M | $231.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $281.0M, expenses of $319.8M, and assets of $1.4B (revenue +0.8% year-over-year).
- 2022: Revenue of $278.7M, expenses of $304.3M, and assets of $1.5B (revenue +11.6% year-over-year).
- 2021: Revenue of $249.6M, expenses of $307.3M, and assets of $1.7B (revenue -0.8% year-over-year).
- 2020: Revenue of $251.6M, expenses of $295.5M, and assets of $1.7B (revenue +9.1% year-over-year).
- 2019: Revenue of $230.7M, expenses of $259.3M, and assets of $1.4B (revenue -3.9% year-over-year).
- 2018: Revenue of $240.2M, expenses of $248.4M, and assets of $1.4B (revenue -60.1% year-over-year).
- 2017: Revenue of $601.8M, expenses of $228.3M, and assets of $1.4B (revenue +170.4% year-over-year).
- 2016: Revenue of $222.5M, expenses of $214.7M, and assets of $984.9M (revenue +11.5% year-over-year).
- 2015: Revenue of $199.5M, expenses of $209.5M, and assets of $775.5M (revenue -16.6% year-over-year).
- 2014: Revenue of $239.3M, expenses of $272.2M, and assets of $989.9M (revenue +33.8% year-over-year).
- 2013: Revenue of $178.8M, expenses of $179.6M, and assets of $783.9M (revenue +10.5% year-over-year).
- 2012: Revenue of $161.9M, expenses of $160.5M, and assets of $676.0M (revenue +9.9% year-over-year).
- 2011: Revenue of $147.3M, expenses of $151.4M, and assets of $416.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Baptist Memorial Health Care Corporation:
Data Sources and Methodology
This transparency report for Baptist Memorial Health Care Corporation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.