Baptist Healthcare System Inc
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- It reported loans to or from officers, directors or other insiders.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
The mission of Baptist Health is to exemplify our Christian heritage of providing quality healthcare services by enhancing the physical & emotional health of the people & communities we serve, guided by integrity, respect, stewardship, excellence, compassion & joy.
- Income
- $4.7 billion
- Spending
- $4.3 billion
- Spent on programs
- 90%
- Reserves
- 3.7 months of spending
- Largest source of income
- fees for its services, 96%
- Employees
- 21,376
- Volunteers
- 780
- Highest pay
- $5.8 million, system president, ceo & dir
Source: Form 990 for the year ending August 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 75 out of 100. Higher than 64% of charities in its peer group (health care, over $100m).
Reserves
20 of 35Spendable reserves would cover 3.7 months of spending.
Debt
10 of 20It owes 41% of what it owns.
Living within its means
15 of 15Income exceeded spending by 8% of income.
Income trend
15 of 15Income rose 9% on the year before.
Spending floor
15 of 1590% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending August 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 90 out of 100. Higher than 27% of charities in its peer group (health care, over $100m).
Independent board
25 of 2511 of 14 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
0 of 10Reports at least one of: diversion of assets, excess benefits, loans to insiders.
Source: Form 990 for the year ending August 31, 2025, 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)
- $3.9 billion spent. Since its inception in 1924, Baptist Healthcare System, Inc. ("Baptist Health") has been dedicated to providing accessible, quality healthcare to all patients regardless of their ability to pay. The hospitals owned and operated by Baptist Healthcare System, Inc. under tax identification number 61-0444707 include: Baptist Health Corbin, located in Corbin, Kentucky; Baptist Health Floyd, located in New Albany, Indiana Baptist Health Hardin, located in Elizabethtown, Kentucky Baptist Health La Grange, located in La Grange, Kentucky, Baptist Health Lexington, located in Lexington, Kentucky; Baptist Health Louisville, located in Louisville, Kentucky; Baptist Health Paducah, located in Paducah, Kentucky; and Baptist Health Richmond, located in Richmond, Kentucky. MISSION: As indicated by its mission statement, "Baptist Health demonstrates the love of Christ by providing and coordinating care and improving health in our communities", Baptist Health endeavors to faithfully continue its Christian heritage of service. Baptist Health is organized and operated exclusively for the benefit of each community that we serve, and each hospital is considered a respected and valuable community asset. Over the last 100 years, Baptist Health has earned a strong reputation for providing compassionate, safe, high quality, cost efficient, and patient-friendly care. The Baptist Health Board of Directors is comprised of local representatives who, along with the Systems' management and employees, understand that they are responsible to their communities for the fulfillment of the Baptist Health mission to provide the highest quality healthcare services that enhance the physical, emotional and spiritual health and well-being of all. Both the mission and vision of Baptist Health are engrained into the culture of the entire organization. Baptist Health will live out its Christ-centered mission and achieve its vision guided by integrity, respect, stewardship, excellence, collaboration, compassion and joy. VISION: The vision of Baptist Health is to be the premier source for healthcare in Kentucky and Indiana, leading in clinical excellence, providing compassionate care and pursuing a growth model that best meets the needs of our communities and our patients. Our goal is to provide efficient, effective and affordable high-value services through dedicated, skilled teams that are focused on clinical excellence, and more importantly, the health and happiness of the people in the communities we serve. This commitment has further elevated performance across the organization as we seek new outreach, wellness and growth initiatives. Baptist Health is expanding programs and facilities to improve access to comprehensive care, pursuing data-driven and technological advances, embracing research and clinical trials, strengthening connections with patients, and striving to deliver the highest level of care. Operational excellence is central to our vision, supported by consistent care, reliable outcomes, quality and safety, a better patient experience, and lasting trust from patients and families. The Baptist Health family includes more than 480 points of care at eight wholly owned and two joint venture acute care hospitals; three freestanding emergency departments; over 100 clinic and diagnostic locations and more than 400 physician offices and treatment facilities; offering inpatient, outpatient, urgent care, home and hospice care, rehabilitation care and many other services. Baptist Health services are available in more than 35 Kentucky counties, four counties in Illinois and seven counties in southern Indiana. Our physician network of more than 3,000 employed and affiliated physicians, representing over 84 specialties, continues to grow as we strive to improve access to healthcare and improve the health of our communities. To ensure that Baptist Health is prepared to meet the growing needs of its patients and is well positioned for the next generation of healthcare, we are working to build on our high-quality and readily accessible network of care. This multifaceted strategy will enhance existing facilities, build upon our sustainability goals, expand the availability of services and provide a locally convenient continuum of care. Through collaboration and purposeful partnerships that enhance services and care options in our communities, Baptist Health is creating more opportunities for patients to receive the right care, in the right place, at the right time. Investing in the areas where patients live, work and play - and want to receive care - will help Baptist Health have an even greater and more positive impact on the health of the populations we serve. Because of our strong reputation for providing excellent patient care that utilizes the latest in medical technology and a vast network of community access points, patients seek out Baptist Health facilities for their health and wellness needs. According to state statistics for the period ended 9/30/2025, Baptist Health is one of the largest healthcare providers in the Commonwealth of Kentucky, providing more services than any other health system. KENTUCKY FY 2025 HOSPITAL STATISTICS: LICENSED BEDS: 2,277 beds - the second largest number of beds of any health system in Kentucky. EMPLOYEES: 21,376 employees during calendar year 2024 - one of the top employers in Kentucky. INPATIENT CARE: 98,321 admissions/472,545 days - the largest number of admissions in Kentucky at a system-owned or managed hospital. One out of every six inpatients receiving care in Kentucky received care at a system-owned or managed hospital. OBSTETRIC (DELIVERIES): 13,323 babies - the largest number of babies delivered in Kentucky at a system-owned or managed hospital. Almost one in four babies in Kentucky was delivered at a Baptist Health owned or managed hospital. EMERGENCY VISITS: 424,936 registrations - the largest number of emergency visits in Kentucky at a system-owned or managed hospital. One in eight
Source: Form 990 for the year ending August 31, 2025, 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 October 13, 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 October 13, 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 October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending August 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since January 1937.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 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 21, 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.