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Baptist Health System

Jacksonville, FL · EIN 59-2487136 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending September 30, 2025 (tax year 2024) · View the filing · Correct or respond

Baptist Health System reported $289.1 million in revenue and $481.4 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $84.04 went to program services, $15.96 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: 166.5% of the total. The highest compensation it reported for one person was $2,654,184 (PRESIDENT & CHIEF EXEC OFFICER). 478 people received more than $100,000 in reportable compensation. Revenue rose 47% 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 $481M

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 $289M

Investment income was negative: −$192M. The bar shows the positive sources only.

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)
84.0%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
16.0%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
Not reported$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.1%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.1%0.1%
Program service revenue share
Part VIII 2g ÷ 12
166.5%93.7%
Highest reported compensation
Part VII-A, columns D–F
$2,654,184$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.55%1.34%
People paid over $100,000
Part VII, line 2
47827
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
16.56.6
Independent voting board members
Part VI 1a–1b
10 of 1688.9%

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
$405M expenses · 100.0% of program spending · revenue $481M

Baptist Health System, inc. (bhs, inc. Or the parent) is a tax-exempt parent holding company located in jacksonville, florida, whose primary purpose is to direct the affairs of a multi-entity health care system (bhs), which includes the following subsidiaries: (1) southern baptist hospital of florida, inc. (sbhf) - a tax-exempt organization that operates three acute care hospitals, baptist medical center - jacksonville (bmcj), baptist medical center - south (bmcs), and baptist medical center - clay (bmcc); one children's hospital, wolfson children's hospital (wch); and four emergency care…

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
PRESIDENT & CHIEF EXEC OFFICER
Director/trustee, officer, 36.0 hrs/week
$2,587,578$0$66,606$2,654,184
EVP/COO
Officer, 38.2 hrs/week
$1,467,728$0$228,657$1,696,385
SVP/CFO/ASST. TREASURER
Officer, 37.6 hrs/week
$1,260,377$0$40,763$1,301,140
SVP/SYSTEM CMO
Officer, 39.4 hrs/week
$1,066,681$0$174,884$1,241,565
SVP/GENERAL COUNSEL/CLO/ASST. SEC.
Officer, 37.0 hrs/week
$940,666$0$173,261$1,113,927
SVP/CDIO
Officer, 40.0 hrs/week
$764,469$0$133,469$897,938
SVP/CNO
Officer, 40.0 hrs/week
$730,031$0$132,210$862,241
SVP/CHRO
Officer, 40.0 hrs/week
$729,480$0$124,184$853,664

478 people received more than $100,000 in reportable compensation from Baptist Health System (Part VII, line 2). Compensation of current officers, directors and key employees totaled $16M (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$200M$400M$600M$800MFY2020FY2021FY2022FY2023FY2024FY2025$289M$481M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$289M$481M84.0%$664M$2,654,184
FY2024 ⓘ$299M$451M84.2%$486M$2,456,417
FY2023 ⓘ$325M$443M84.5%$366M$3,559,074
FY2022 ⓘ$328M$449M84.3%$249M$2,141,452
FY2021 ⓘ$265M$335M86.3%$178M$1,781,424
FY2020 ⓘ$197M$269M86.9%$108M$2,120,723

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–1b16 · 10 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 14bNo
  • Employees Part I, line 53,336

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
MED METRIX LLC
Performance management
$9,603,011
ACCUITY DELIVERY SYSTEMS LLC
Research
$4,994,565
COASTAL CLOUD LLC
Salesforce solutions
$2,786,000
CLOUDMED SOLUTIONS LLC
Revenue cycle management
$2,421,260
INFINITY HEALTHCARE SOLUTIONS LLC
Healthcare strategy
$2,072,629

Individuals listed as contractors are left out. 56 contractors were paid more than $100,000 in all.

Correct a figure or respond

Every number above is copied from Baptist Health System'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 System, 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 Health System's spending goes to programs?

In the fiscal year ending September 30, 2025, Baptist Health System reported that 84.0% of its $481.4 million in expenses went to program services, 16.0% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Baptist Health System pay its top executive?

The largest total compensation Baptist Health System reported for one person in the fiscal year ending September 30, 2025 was $2,654,184, for the role of PRESIDENT & CHIEF EXEC OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Baptist Health System get its money?

Of $289.1 million in revenue in the fiscal year ending September 30, 2025, 0.1% came from contributions and grants (including 0.1% from government grants) and 166.5% from program service revenue (Form 990, Part VIII).

Is Baptist Health System a registered charity?

The IRS lists EIN 59-2487136 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), 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 202602259349300800 · read the filing
  • FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202522239349300422 · read the filing
  • FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202402279349303000 · read the filing
  • FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202332239349301208 · read the filing
  • FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202202239349300115 · read the filing
  • FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202122189349300517 · read the filing

All filings for EIN 59-2487136: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.