Baptist Health CARE
Baptist Health CARE reported $1.05 billion in revenue and $1.00 billion in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $84.23 went to program services, $15.77 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 94.2% of the total. The highest compensation it reported for one person was $2,474,038 (PHYSICIAN). 494 people received more than $100,000 in reportable compensation. Revenue rose 66% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending September 30, 2025 · Form 990, Part IX, line 25 · total expenses $1.00BFor context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending September 30, 2025 · Form 990, Part VIII · total revenue $1.05BThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 84.2% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 15.8% | 13.7% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 3.0% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 2.8% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 94.2% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $2,474,038 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.25% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 494 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 4.5 | 6.6 |
| Independent voting board members Part VI 1a–1b | 18 of 18 | 88.9% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseGeneral and specialized Health Care services. Baptist Health Care, inc. Operates two public not-for-profit hospitals. Its main campus, which opened in september 2023, includes a 402-bed tertiary care hospital and a 90-bed behavioral health unit. As the largest hospital in the Baptist Health Care network, the main campus provides specialized care for oncology, heart and vascular, bariatrics, orthopaedics, neurology, trauma, surgery, diagnostic imaging, rehabilitation, and psychiatric services. Gulf breeze hospital is a 77-bed general hospital providing acute and emergency care. Services…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PHYSICIAN Highest compensated employee, 40.0 hrs/week | $2,431,731 | $0 | $42,307 | $2,474,038 |
| PHYSICIAN Highest compensated employee, 40.0 hrs/week | $2,015,353 | $0 | $49,725 | $2,065,078 |
| PHYSICIAN Highest compensated employee, 40.0 hrs/week | $1,913,492 | $0 | $47,549 | $1,961,041 |
| PHYSICIAN Highest compensated employee, 40.0 hrs/week | $1,811,504 | $0 | $42,343 | $1,853,847 |
| PHYSICIAN Highest compensated employee, 40.0 hrs/week | $1,486,325 | $0 | $47,795 | $1,534,120 |
| PRESIDENT & CEO Officer, 50.0 hrs/week | $1,259,874 | $0 | $35,907 | $1,295,781 |
| EXECUTIVE VICE PRESIDENT & COO Officer, 40.0 hrs/week | $801,641 | $0 | $46,328 | $847,969 |
| MANAGED CARE CONSULTANT & OUTGOING CFO Officer, 40.0 hrs/week | $767,195 | $0 | $37,189 | $804,384 |
494 people received more than $100,000 in reportable compensation from Baptist Health CARE (Part VII, line 2). Compensation of current officers, directors and key employees totaled $12M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b18 · 18 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 55,415
- Volunteers Part I, line 6174
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| AMS BAPTIST LLC Anesthesia services | $9,602,706 |
| PENSACOLA EMERGENCY PHYSICIANS Er coverage | $5,719,673 |
| PENSACOLA HOSPITALISTS Hospital coverage | $5,360,377 |
| PENSACOLA LUNG GROUP MDS PA Hospital coverage | $2,919,251 |
| OB HOSPITALIST GROUP LLC Hospital coverage | $1,979,089 |
Individuals listed as contractors are left out. 28 contractors were paid more than $100,000 in all.
Private foundation grants it received
1 private foundation reported grants to Baptist Health CARE totaling $16 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Baptist Health CARE's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Baptist Health CARE, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Baptist Health CARE spent in FY2025, $84.23 went to programs. The full breakdown, from its IRS Form 990:
Embed on your site
Similar-sized charities in this cause
- BronxCare Health SystemsBronx, NY · revenue $1.05B · programs 85.6% · 2024
- The Good Samaritan Hospital of Cincinnati OhioCincinnati, OH · revenue $1.06B · programs 82.3% · FY2025
- Atlanticare Health System Inc. - SubordinatesEgg Harbor Township, NJ · revenue $1.05B · programs 90.0% · 2024
- Sinai Hospital of BaltimoreBaltimore, MD · revenue $1.06B · programs 70.0% · FY2025
- Aultman Health Foundation Group ReturnCanton, OH · revenue $1.05B · programs 86.2% · 2024
Questions people ask
How much of Baptist Health CARE's spending goes to programs?
In the fiscal year ending September 30, 2025, Baptist Health CARE reported that 84.2% of its $1.00 billion in expenses went to program services, 15.8% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Baptist Health CARE pay its top executive?
The largest total compensation Baptist Health CARE reported for one person in the fiscal year ending September 30, 2025 was $2,474,038, for the role of PHYSICIAN (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Baptist Health CARE get its money?
Of $1.05 billion in revenue in the fiscal year ending September 30, 2025, 3.0% came from contributions and grants (including 2.8% from government grants) and 94.2% from program service revenue (Form 990, Part VIII).
Is Baptist Health CARE a registered charity?
The IRS lists EIN 59-0657322 as a 501(c)(3) organization (hospital or medical research organization), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending September 30, 2025, object 202602299349302030 · read the filing
- FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202532279349301978 · read the filing
- FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202412289349301426 · read the filing
- FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202332269349302563 · read the filing
- FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202242279349302279 · read the filing
- FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202122229349300032 · read the filing
All filings for EIN 59-0657322: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.