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Baptist Hospital of Miami

Miami, FL · EIN 59-0910342 · 501(c)(3) · Hospital or medical research organization
Latest filing: Form 990 for the fiscal year ending September 30, 2025 (tax year 2024) · View the filing · Correct or respond

Baptist Hospital of Miami reported $2.97 billion in revenue and $2.37 billion in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $89.49 went to program services, $10.51 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: 99.4% of the total. The highest compensation it reported for one person was $1,742,722 (CEO). 1,233 people received more than $100,000 in reportable compensation. Revenue rose 77% 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 $2.37B

For 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 $2.97B

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,634 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
89.5%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
10.5%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
0.1%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.1%
Program service revenue share
Part VIII 2g ÷ 12
99.4%93.7%
Highest reported compensation
Part VII-A, columns D–F
$1,742,722$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.07%1.34%
People paid over $100,000
Part VII, line 2
1,23327
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
3.26.6
Independent voting board members
Part VI 1a–1b
14 of 1488.9%

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 expense
$2.12B expenses · 100.0% of program spending · grants $2,500 · revenue $2.95B

No description in Part III; see the filing.

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CEO
Officer, 50.0 hrs/week
$0$1,511,138$231,584$1,742,722
VP MEDICAL AFFAIRS
Key employee, 50.0 hrs/week
$1,178,135$0$49,282$1,227,417
COO
Key employee, 50.0 hrs/week
$797,081$0$173,535$970,616
VP FINANCE HOSPITAL OPERATIONS
Officer, 12.0 hrs/week
$0$680,064$143,559$823,623
VP NURSING
Key employee, 50.0 hrs/week
$656,101$0$144,183$800,284
VP
Key employee, 50.0 hrs/week
$622,323$0$132,717$755,040
MEDICAL DIRECTOR CARE MGMT
Highest compensated employee, 45.0 hrs/week
$320,192$0$25,226$345,418
FORMER VP
Former, 0.0 hrs/week
$325,654$0$1,911$327,565

1,233 people received more than $100,000 in reportable compensation from Baptist Hospital of Miami (Part VII, line 2). Compensation of current officers, directors and key employees totaled $3.0M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$1.00B$2.00B$3.00B$4.00BFY2020FY2021FY2022FY2023FY2024FY2025$2.97B$2.37B
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$2.97B$2.37B89.5%$642M$1,742,722
FY2024 ⓘ$2.65B$2.10B89.0%$619M$2,296,858
FY2023 ⓘ$2.28B$1.89B87.4%$557M$3,051,166
FY2022 ⓘ$2.06B$1.79B86.9%$559M$2,701,805
FY2021 ⓘ$1.98B$1.69B86.2%$464M$1,988,426
FY2020 ⓘ$1.68B$1.51B86.1%$382M$1,969,188

Governance 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–1b14 · 14 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 15aNo
  • 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 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 57,025
  • Volunteers Part I, line 6168

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
URGENT CARE PHYSICIANS OF SOUTH FLORIDA
Physician services
$9,122,878
SOUTH FLORIDA CRITICAL CARE SERVICES LLC
Physician services
$7,505,000
RADIOLOGY ASSOCIATES OF SOUTH FL LLC
Physician services
$4,665,670
NEOGENOMICS LABORATORIES INC
Professional services
$4,663,988
IBA PROTON THERAPY INC
Maintenance contracts
$3,154,821

Individuals listed as contractors are left out. 82 contractors were paid more than $100,000 in all.

Private foundation grants it received

4 private foundations reported grants to Baptist Hospital of Miami totaling $20,100 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 Hospital of Miami'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 Hospital of Miami, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All health care charities · Largest charities in Florida

Questions people ask

How much of Baptist Hospital of Miami's spending goes to programs?

In the fiscal year ending September 30, 2025, Baptist Hospital of Miami reported that 89.5% of its $2.37 billion in expenses went to program services, 10.5% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Baptist Hospital of Miami pay its top executive?

The largest total compensation Baptist Hospital of Miami reported for one person in the fiscal year ending September 30, 2025 was $1,742,722, for the role of CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Baptist Hospital of Miami get its money?

Of $2.97 billion in revenue in the fiscal year ending September 30, 2025, 0.1% came from contributions and grants and 99.4% from program service revenue (Form 990, Part VIII).

Is Baptist Hospital of Miami a registered charity?

The IRS lists EIN 59-0910342 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 202602259349302445 · read the filing
  • FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202542259349300524 · read the filing
  • FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202442269349301264 · read the filing
  • FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202302239349301030 · read the filing
  • FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202232249349301803 · read the filing
  • FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202122219349300232 · read the filing

All filings for EIN 59-0910342: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.