Charity Search / BAPTIST HEALTH MEDICAL GROUP INC
Health Care (E21) 990 on File

BAPTIST HEALTH MEDICAL GROUP INC

EIN: 46-2597739 · CORAL GABLES, FL 33143-3518 · United States · FY 2024 Data
3 out of 5 53 / 100 Based on 2+ years of filings
Financial strength (30%) 70/100
Reliability (20%) 50/100
Effectiveness (25%) 88/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$756.4M
Total Revenue
$776.8M
Total Expenses
$-55,850,017
Net Assets
2494
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 82.1%
Fundraising Efficiency N/A
Operating Reserve -0.86x
Liability-to-Asset 142.1%
Revenue Diversification 43.9%
Executive Compensation $470K
Compared with Peers
FY 2024
Compared with 938 similar organizations (United States, Health Care, $100M and over in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
82.1% 87.7%
P10P90
Bottom quarter
Admin expense ratio
Management and general / total expenses · lower is better
18.0% 12.3%
P10P90
Bottom quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.0%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
-0.9 mo 6.1 mo
P10P90
Bottom quarter
Liabilities to assets
Total liabilities / total assets · lower is better
142.1% 44.5%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
43.9% 96.4%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
31.6% 9.1%
P10P90
Expense growth
Year over year expense growth
32.6% 7.8%
P10P90
Surplus margin
Surplus as a share of revenue
-2.7% 2.5%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $756.4M $776.8M $-55,850,017 82.1% 2494
2023 $574.7M $585.8M $-35,384,616 81.8% 2356
2022 $548.8M $519.6M $-24,568,425 81.5% 2039
2021 $427.7M $424.0M N/A 1681
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Organization Details
EIN
46-2597739
State
FL
City
CORAL GABLES
ZIP
33143-3518
Classification
E21
Category
Health Care
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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