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Texas · Nonprofit

Baylor University Medical Center

Baylor University Medical Center (Texas) receives grants from 15 organizations whose IRS filings report $123,915,860 to it, the largest being DALLAS SAFETY NET SUPPORT CORPORATION ($88,763,486). 11 of them have funded it in more than one year.

Revenue FY2025
$2.3B
Funders on record
15
Grants received
$124M
Net assets
$4.4B
11/15 repeat funderspeak grant-dependency 3%
01What it does

What Baylor University Medical Center does

Mission

Founded as a Christian ministry of healing, Baylor Scott & White Health (BSWH) promotes the well-being of all individuals, families and communities.

As stated on its FY2025 Form 990.

Programs

  1. See Schedule OBaylor University Medical Center at Dallas (BUMC) is a faith-based, nonprofit, 912-bed acute care hospital providing exemplary patient care services to the residents of the Dallas-Fort Worth Metroplex since 1903. BUMC is a major patient care, research and medical education center of the Southwest and serves local, national and international patients caring for more than 300,000 patients per year.BUMC is affiliated with Baylor Scott & White Health (BSWH), a faith-based nationally acclaimed network of acute care hospitals and related health care entities providing quality patient care, medical education, medical research and other community services to the residents of North and Central Texas. As the largest not-for-profit health care system in Texas and one of the largest in the United States, BSWH was born from the 2013 combination of Baylor Health Care System and Scott & White Healthcare. Today, BSWH has over 1,300 patient access points including 53 hospitals, 600+ specialty care clinics, 250+ outpatient clinics, 150+ primary care clinics, 29 pharmacies, 30+ ambulatory surgery centers, 60+ urgent care clinics, and over 7,300 active physicians. The system also…

    $1,286,510,166 spentof which $19,454,252 as grants$1,954,744,698 earned by the program
    98% of program spending
  2. See Schedule OMedical education is a crucial part of BUMC's mission. BUMC commits resources to help address the shortage of health care professionals including partnering with other educational institutions and similar organizations. BUMC provided medical residency programs for the training of future physicians, nurses and other health professionals in an effort to increase the supply of health care professionals nation-wide. During the year, BUMC served 330 medical residency students. Assisting with the preparation of future nurses at entry and advanced levels of nursing is critical in establishing a workforce of qualified nurses. During the year, BUMC invested in training 851 undergraduate and graduate nurses. Total unreimbursed cost of these medical education programs is $13,961,400.

    $15,436,655 spent$8,037,506 earned by the program
    1% of program spending
  3. See Schedule OMoving scientific theory from the research bench to clinical trials and ultimately to the patient's bedside is central to BSWH's commitment to patient-centered medical research. During the year, BUMC supported clinical research development costs, research papers and studies through Baylor Scott & White Research Institute (BSW Research), at a cost of $11,486,828. At BSW Research alone, there are more than 1,200active clinical trials underway.

    $11,486,828 spent
    1% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $1,313,433,649.

02The 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 ($1.3B) Expenses 100 ($1.1B) Net assets 100 ($2.3B)2018 Revenue 105 ($1.3B) Expenses 96 ($1.1B) Net assets 100 ($2.3B)2019 Revenue 108 ($1.4B) Expenses 96 ($1.1B) Net assets 111 ($2.5B)2020 Revenue 106 ($1.3B) Expenses 97 ($1.1B) Net assets 114 ($2.6B)2021 Revenue 122 ($1.6B) Expenses 102 ($1.1B) Net assets 130 ($2.9B)2022 Revenue 142 ($1.8B) Expenses 115 ($1.3B) Net assets 140 ($3.2B)2023 Revenue 137 ($1.7B) Expenses 119 ($1.3B) Net assets 156 ($3.5B)2024 Revenue 157 ($2.0B) Expenses 134 ($1.5B) Net assets 178 ($4.0B)2025 Revenue 183 ($2.3B) Expenses 138 ($1.5B) Net assets 195 ($4.4B)
'17'18'19'20'21'22'23'24'25
Revenue (183)Expenses (138)Net assets (195)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $3.6B to $4.1B (+14%).

$2.3B
$2.3B
$2.6B
$2.8B
$3.1B
$3.3B
$3.6B
$4.1B
$4.5B
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

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: 2017 0% · 2018 0% · 2019 0% · 2020 2% · 2021 4% · 2022 0% · 2023 0% · 2024 0% · 2025 0%. Grants only. Government contracts and fees sit inside program revenue.

5% of Baylor University Medical Center’s revenue is contributions — more reliant on donations than three-quarters of its peers (1% for the typical peer).

This organization
Typical peer · 2,211 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.

$168M
’17
$283M
’18
$306M
’19
$277M
’20
$434M
’21
$537M
’22
$425M
’23
$524M
’24
$803M
’25
0.0
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Kyle Armstrong

President/CEO

Board chair

Harry Neil Dugger

Trustee/Chair

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2018 and FY2019, and between the FY2022 and FY2023 filings.

'17'18'19'20'21'22'23'24'25
Listed272628222322212221
Joined·+1+4+5+5+3+3+4+4
No longer listed·221144435
03Who funds it

Who funds it, year by year

2017 → 2023: the base narrowed from 6 funders to 5 funders, grant income fell $507k → $339k.

Left out of every figure on this page: $361M from 13 payers (the payer shares this organization's board, largest Baylor Health Care System Foundation). These are real filings, and they are not money Baylor University Medical Center raised.

From the IRS filings of Baylor University Medical Center’s funders (the co-funder graph). Top 14 of 15 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Baylor University Medical Center leans on a few funders — its largest provides 72% of grant income and the top three 98%; half comes from just 1 funder.

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

99% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Baylor University Medical Center.

72%
largest funder
98%
top three
~2
effective funders

Largest funder’s share by year: 2017 44% · 2018 64% · 2019 65% · 2020 68% · 2021 60% · 2022 98% · 2023 44% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

50% of Baylor University Medical Center's funders are still giving 3 years after their first grant; 73% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

98% of Baylor University Medical Center's grant income comes from Texas funders.

MN
IL
NJ
CA
NC
LA
TX

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

’17
’18
’19
’20
’21
’22
’23
Texas out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Baylor University Medical Center runs a healthier operating margin than three-quarters of the 1,241 health nonprofits its size.

Operating margin35% · top quartile
Months of reserve0.0mo · bottom quartile
Revenue growth (annualized)8% · above the median

this organization peer median middle 50% of peers· 1,241 health nonprofits over $100M, FY2025

Organizations like Baylor University Medical Center

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

In Texas

Nationally

05Profile & governance

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

Where the money goes

87% of spending goes to programs.

Program 87%Management 13%Fundraising 0%

Governance

9
board members
78%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Part of a family of 114 related entities

  • Zephyr Integrated Provider Services LLC · disregarded
  • All Saints Health Foundation · exempt
  • Baylor All Saints Medical Center · exempt
  • Baylor Health Care System · exempt
  • Baylor Health Care System Employee Benefit Trust · exempt

Screen this organization

A dated, signed PDF of the compliance screen for Baylor University Medical Center: 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. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Baylor University Medical Center?
Baylor University Medical Center (Texas) receives grants from 15 organizations whose IRS filings report $123,915,860 to it, the largest being DALLAS SAFETY NET SUPPORT CORPORATION ($88,763,486). 11 of them have funded it in more than one year.
How many funders does Baylor University Medical Center have?
IRS filings report 15 organizations giving $123,915,860 in grants to Baylor University Medical Center, 11 of which have funded it in more than one year.
Who is the largest funder of Baylor University Medical Center?
DALLAS SAFETY NET SUPPORT CORPORATION is the largest funder on record, with $88,763,486 in grants. The full list of funders is on this page.
How can an organization like Baylor University Medical Center find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Texas. 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 15 funders 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. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing