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Baptist Health

Little Rock, AR · EIN 71-0236856 · 501(c)(3) · Hospital or medical research organization
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Baptist Health reported $1.48 billion in revenue and $1.42 billion in expenses for calendar year 2024. Of every $100 it spent, $91.00 went to program services, $9.00 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: 89.6% of the total. The highest compensation it reported for one person was $2,295,979 (PRESIDENT & CEO). 917 people received more than $100,000 in reportable compensation. Revenue rose 53% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $1.42B

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

Calendar year 2024 · Form 990, Part VIII · total revenue $1.48B

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

2024 filing. Median across 5,634 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
91.0%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
9.0%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
$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
0.1%0.1%
Program service revenue share
Part VIII 2g ÷ 12
89.6%93.7%
Highest reported compensation
Part VII-A, columns D–F
$2,295,979$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.16%1.34%
People paid over $100,000
Part VII, line 2
91727
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
10.56.6
Independent voting board members
Part VI 1a–1b
16 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

2024 · Form 990, Part III · the three largest programs by expense
$1.29B expenses · 100.0% of program spending · grants $548K · revenue $1.32B

Statement of program service accomplishments - Baptist Health provides access to a full range of comprehensive health care services to individuals regardless of race, creed, sex, national origin, disability, age, or ability to pay. Although reimbursement for services rendered is essential to Baptist Health for the continued operation, financial stability, and ability to provide needed new services and technology, it is recognized that not all individuals possess the ability to purchase health care and essential medical services. Further, our mission is to serve this community with respect to…

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT & CEO
Officer, 40.0 hrs/week
$2,247,764$0$48,215$2,295,979
CHIEF OF STRATEGY & INNOVATION
Officer, 40.0 hrs/week
$1,597,463$0$45,639$1,643,102
PRESIDENT - CENTRAL REGION
Key employee, 40.0 hrs/week
$1,139,178$0$43,963$1,183,141
CHIEF FINANCIAL OFFICER
Officer, 40.0 hrs/week
$1,124,493$0$44,485$1,168,978
CHIEF HR OFFICER
Key employee, 40.0 hrs/week
$1,037,315$0$33,694$1,071,009
CHIEF VALUE BASED CARE
Highest compensated employee, 40.0 hrs/week
$881,556$0$38,474$920,030
CHIEF LEGAL OFFICER
Key employee, 40.0 hrs/week
$755,014$0$40,068$795,082
PRESIDENT - LITTLE ROCK
Key employee, 40.0 hrs/week
$710,056$0$36,734$746,790

917 people received more than $100,000 in reportable compensation from Baptist Health (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, linked
RevenueExpenses
$0$500M$1.00B$1.50B$2.00B201920202021202220232024$1.48B$1.42B
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$1.48B$1.42B91.0%$1.24B$2,295,979
2023 ⓘ$1.38B$1.28B90.6%$1.13B$2,109,622
2022 ⓘ$1.22B$1.20B91.3%$986M$2,451,382
2021 (amended) ⓘ$1.25B$1.15B91.3%$1.04B$1,958,702
2020 ⓘ$1.06B$955M88.8%$940M$1,344,821
2019 ⓘ$966M$917M89.8%$857M$1,161,044

Governance answers, as filed

2024 · 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 · 16 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 11aNo
  • 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 58,970
  • Volunteers Part I, line 6198

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
ARKANSAS CARDIOLOGY PA
Staffing services
$44,476,460
MEDICAL SERVICES GROUP LTD
Medical services
$8,959,635
STUTTGART MEDICAL CLINIC LTD
Staffing services
$4,245,490
RADIOLOGY CONSULTANTS OF LR
Staffing services
$3,926,809
PATHOLOGY LAB OF ARKANSAS
Medical services
$3,787,781

Individuals listed as contractors are left out. 76 contractors were paid more than $100,000 in all.

Private foundation grants it received

1 private foundation reported grants to Baptist Health totaling $5,000 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'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, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All health care charities · Largest charities in Arkansas

Questions people ask

How much of Baptist Health's spending goes to programs?

In calendar year 2024, Baptist Health reported that 91.0% of its $1.42 billion in expenses went to program services, 9.0% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Baptist Health pay its top executive?

The largest total compensation Baptist Health reported for one person in calendar year 2024 was $2,295,979, for the role of PRESIDENT & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Baptist Health get its money?

Of $1.48 billion in revenue in calendar year 2024, 0.2% came from contributions and grants (including 0.1% from government grants) and 89.6% from program service revenue (Form 990, Part VIII).

Is Baptist Health a registered charity?

The IRS lists EIN 71-0236856 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

  • 2024: Form 990 for calendar year 2024, object 202513179349303796 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202443209349317839 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202303179349307830 · read the filing
  • 2021: Form 990 for calendar year 2021 (amended), object 202441979349300624 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202123199349318832 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202013219349311446 · read the filing

All filings for EIN 71-0236856: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.