Baptist Health System Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
To make hope, healing and well-being accessible to every person as an expression of God's love.
- Income
- $299.4 million
- Spending
- $451.1 million
- Spent on programs
- 84%
- Reserves
- 10.7 months of spending
- Largest source of income
- fees for its services, 100%
- Employees
- 3,532
- Volunteers
- 0
- Highest pay
- $2.5 million, president/ceo
Source: Form 990 for the year ending September 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 63 out of 100. Higher than 51% of charities in its peer group (health care, over $100m).
Reserves
28 of 35Spendable reserves would cover 10.7 months of spending.
Debt
10 of 20It owes 35% of what it owns.
Living within its means
0 of 15Spending exceeded income by 51% of income.
Income trend
10 of 15Income fell 8% on the year before.
Spending floor
15 of 1584% of spending went to programs.
Source: Form 990 for the year ending September 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 53% of charities in its peer group (health care, over $100m).
Independent board
25 of 2510 of 15 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending September 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $380.0 million spent. 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 centers, Baptist Emergency Center Town Center (BMTC), Baptist Emergency Center North (BECN), Baptist Emergency Center Oakleaf (BECO), and Baptist Emergency Center St. Augustine (BESA). The four hospitals have 513, 357, 102, and 257 licensed beds, respectively. (2) Baptist Medical Center of the Beaches, Inc. (BMCB) - a tax-exempt, 146-bed acute care hospital. (3) Baptist Medical Center of Nassau, Inc. (BMCN) - a tax-exempt, 62-bed acute care hospital. (4) Baptist Health Properties, Inc. (BHP) - a tax-exempt real estate holding company. (5) Baptist Health Ambulatory Services, Inc. (ASI) - a tax-exempt entity that engages in healthcare research activities. (6) Pavilion Health Services, Inc. (PHS) - a taxable entity that provides various health care and related support services such as home infusion services, ambulatory care services, and primary care services. (7) Baptist Physician Partners, LLC (BPP) - is a non-taxable, disregarded entity whose sole member is Baptist Health System, Inc., a tax-exempt parent organization. BPP operates a clinically-integrated network intended to achieve improvements in healthcare quality and efficiency in the Northeast Florida community. (8) Baptist Health System Foundation, Inc. (BHSF) - a public foundation with the primary purpose of raising funds to support the activities of the tax-exempt members of BHS.
Source: Form 990 for the year ending September 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending September 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since August 1985.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.