Baptist Health South Florida
Baptist Health South Florida reported $1.43 billion in revenue and $1.55 billion in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $82.11 went to program services, $17.89 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: 77.9% of the total. The highest compensation it reported for one person was $5,597,018 (PRESIDENT AND CEO). 1,573 people received more than $100,000 in reportable compensation. Revenue fell 1% 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 $1.55BFor 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 $1.43BThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 82.1% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 17.9% | 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 | 0.2% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 77.9% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $5,597,018 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.36% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 1,573 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 64.0 | 6.6 |
| Independent voting board members Part VI 1a–1b | 39 of 39 | 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 expenseHighest 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 |
|---|---|---|---|---|
| PRESIDENT AND CEO Officer, 50.0 hrs/week | $4,801,398 | $0 | $795,620 | $5,597,018 |
| EVP / CFO Officer, 50.0 hrs/week | $2,216,540 | $0 | $424,240 | $2,640,780 |
| CEO - MIAMI CANCER INSTITUTE Highest compensated employee, 45.0 hrs/week | $2,300,916 | $0 | $21,810 | $2,322,726 |
| EVP / COO Officer, 50.0 hrs/week | $2,149,692 | $0 | $125,075 | $2,274,767 |
| EVP / CAO Officer, 50.0 hrs/week | $2,145,575 | $0 | $36,591 | $2,182,166 |
| EVP / CCO Officer, 50.0 hrs/week | $2,100,448 | $0 | $61,836 | $2,162,284 |
| EVP / CSO Officer, 50.0 hrs/week | $1,952,724 | $0 | $18,665 | $1,971,389 |
| CEO - BOCA RATON REGIONAL HOSPITAL Highest compensated employee, 45.0 hrs/week | $1,865,405 | $0 | $66,311 | $1,931,716 |
1,573 people received more than $100,000 in reportable compensation from Baptist Health South Florida (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| Filing | Revenue | Expenses | Programs | Net assets | Top pay |
|---|---|---|---|---|---|
| FY2025 ⓘ | $1.43B | $1.55B | 82.1% | $8.26B | $5,597,018 |
| FY2024 (amended) ⓘ | $1.34B | $1.45B | 81.7% | $7.10B | $4,185,898 |
| FY2023 (amended) ⓘ | $1.10B | $1.48B | 81.3% | $5.79B | $4,875,536 |
| FY2022 ⓘ | $1.80B | $1.33B | 79.7% | $5.30B | $3,225,968 |
| FY2021 ⓘ | $2.03B | $1.20B | 71.8% | $5.99B | $3,258,588 |
| FY2020 ⓘ | $1.44B | $1.71B | 83.7% | $4.97B | $3,063,045 |
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–1b39 · 39 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 2Yes
- 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 55,963
- Volunteers Part I, line 636
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| ORACLE AMERICA INC Software support | $49,616,587 |
| MICROSOFT CORPORATION Software support | $24,020,597 |
| PROSYS INFORMATION SYSTEMS INC Software support | $20,214,108 |
| AMAZON WEB SERVICES INC Software support | $14,105,118 |
| MERCURY HEALTHCARE INC Marketing services | $11,491,206 |
Individuals listed as contractors are left out. 402 contractors were paid more than $100,000 in all.
Private foundation grants it received
17 private foundations reported grants to Baptist Health South Florida totaling $154K 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 South Florida'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 South Florida, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Baptist Health South Florida spent in FY2025, $82.11 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Mount Carmel Health SystemColumbus, OH · revenue $1.43B · programs 91.4% · FY2025
- Indiana University Health Care AssociatesIndianapolis, IN · revenue $1.43B · programs 95.3% · 2024
- Presbyterian Medical Center of the University of Pennsylvania Health SystemPhiladelphia, PA · revenue $1.42B · programs 92.4% · FY2025
- Albert Einstein Healthcare Network Group Letter RulingPhiladelphia, PA · revenue $1.44B · programs 85.9% · FY2025
- Renown Regional Medical CenterReno, NV · revenue $1.42B · programs 83.9% · 2024
Questions people ask
How much of Baptist Health South Florida's spending goes to programs?
In the fiscal year ending September 30, 2025, Baptist Health South Florida reported that 82.1% of its $1.55 billion in expenses went to program services, 17.9% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Baptist Health South Florida pay its top executive?
The largest total compensation Baptist Health South Florida reported for one person in the fiscal year ending September 30, 2025 was $5,597,018, for the role of PRESIDENT AND CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Baptist Health South Florida get its money?
Of $1.43 billion in revenue in the fiscal year ending September 30, 2025, 0.2% came from contributions and grants and 77.9% from program service revenue (Form 990, Part VIII).
Is Baptist Health South Florida a registered charity?
The IRS lists EIN 65-0267668 as a 501(c)(3) organization (supporting organization (509(a)(3))), 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 202612259349301731 · read the filing
- FY2024: Form 990 for the fiscal year ending September 30, 2024 (amended), object 202612679349301421 · read the filing
- FY2023: Form 990 for the fiscal year ending September 30, 2023 (amended), object 202520919349301507 · read the filing
- FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202332239349301618 · read the filing
- FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202202249349301820 · read the filing
- FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202122219349300937 · read the filing
All filings for EIN 65-0267668: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.