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Kentucky · Nonprofit

Baptist Health Medical Group Inc

Baptist Health Medical Group Inc (Kentucky) receives grants from 4 organizations whose IRS filings report $697,928,755 to it, the largest being Baptist Healthcare System Inc ($669,837,514). 1 of them have funded it in more than one year.

$918M
Revenue FY2025
4
Funders on record
$698M
Grants received
$-158953520
Net assets
1/4 repeat funderspeak grant-dependency 28%

Against its field

Baptist Health Medical Group Inc has grown faster than three-quarters of the 918 health nonprofits its size.

Operating margin−19% · bottom quartile
Months of reserve0.0mo · below the median
Revenue growth (annualized)13% · top quartile

this organization peer median middle 50% of peers· 918 health nonprofits over $100M, FY2025

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($343M) Expenses 100 ($560M) Net assets 100 ($7.1M)2018 Revenue 111 ($381M) Expenses 101 ($563M) Net assets 415 ($29M)2019 Revenue 114 ($392M) Expenses 104 ($582M) Net assets 136 ($9.7M)2020 Revenue 114 ($392M) Expenses 112 ($629M) Net assets 336 ($24M)2021 Revenue 163 ($560M) Expenses 147 ($824M) Net assets 644 ($46M)2022 Revenue 171 ($585M) Expenses 156 ($876M) Net assets 318 ($22M)2023 Revenue 234 ($801M) Expenses 172 ($963M) Net assets 967 ($69M)2024 Revenue 248 ($851M) Expenses 183 ($1.0B) Net assets -607 ($-42991542)2025 Revenue 268 ($918M) Expenses 194 ($1.1B) Net assets -2244 ($-158953520)
'17'18'19'20'21'22'23'24'25
Revenue (268)Expenses (194)Net assets (-2244)Peer revenue range

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 3% · 2021 5% · 2022 2% · 2023 0% · 2024 0%. Grants only. Government contracts and fees sit inside program revenue.

26% of Baptist Health Medical Group Inc’s revenue is contributions — more reliant on donations than three-quarters of its peers (1% for the typical peer).

This organization
Typical peer · 2,196 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 9 of the last 9 reported years ran a deficit.

$217M
17
$183M
18
$191M
19
$236M
20
$264M
21
$291M
22
$162M
23
$174M
24
$170M
25
0.0
months of
reserve
02Who funds it

Who funds it, year by year

2021 → 2023: the base narrowed from 2 funders to 1 funder, grant income rose $155M → $188M.

From the IRS filings of Baptist Health Medical Group Inc’s funders (the co-funder graph). Association, not causation.

How concentrated its funding is

Baptist Health Medical Group Inc leans on a few funders — its largest provides 96% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

96%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2021 85% · 2022 100% · 2023 100%growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration.

Where its funders are

100% of Baptist Health Medical Group Inc's grant income comes from Kentucky funders.

KY

In-state vs out-of-state, by year

21
22
23
Kentucky out of state home

Funder states come from each funder’s own filing.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Government funding Baptist Health Medical Group Inc receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $941k on record.

Federal$941k
grants $941kcontracts $0
Top agencies
  • Department of Health and Human Services$941k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like Baptist Health Medical Group Inc

Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Kentucky

Nationally

04Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

92% of spending goes to programs.

Program 92%Management 8%Fundraising 0%

Governance

5
board members
100%
independent
Conflict-of-interest policyWhistleblower policyDocument retentionBoard reviewed the 990Audited financials

Footprint & structure

Files a return copy in 1 state

KY

Part of a family of 15 related entities

  • Baptist Health Foundation Corbin Inc · exempt
  • Baptist Health Foundation Floyd Inc · exempt
  • Baptist Health Foundation Greater Louisville Inc · exempt
  • Baptist Health Foundation Lexington Inc · exempt
  • Baptist Health Foundation Oldham Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for Baptist Health Medical Group Inc: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Baptist Health Medical Group Inc?
Baptist Health Medical Group Inc (Kentucky) receives grants from 4 organizations whose IRS filings report $697,928,755 to it, the largest being Baptist Healthcare System Inc ($669,837,514). 1 of them have funded it in more than one year.
How many funders does Baptist Health Medical Group Inc have?
IRS filings report 4 organizations giving $697,928,755 in grants to Baptist Health Medical Group Inc, 1 of which have funded it in more than one year.
Who is the largest funder of Baptist Health Medical Group Inc?
Baptist Healthcare System Inc is the largest funder on record, with $669,837,514 in grants. The full list of funders is on this page.
How can an organization like Baptist Health Medical Group Inc find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Kentucky. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 4funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. What this page cannot tell you · view filing