Baylor Research Institute
301 N Washington Ave, Dallas, TX · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $89,491,341 | $85,910,172 | $172,899,033 |
| FY2024 | $84,907,337 | $78,415,673 | $157,846,516 |
| FY2023 | $73,307,762 | $76,665,102 | $145,996,311 |
| FY2022 | $70,312,625 | $68,170,124 | $152,303,796 |
| FY2021 | $77,117,798 | $65,145,979 | $156,856,910 |
| FY2020 | $71,333,023 | $66,124,848 | $130,252,019 |
| FY2019 | $69,331,263 | $69,230,447 | $150,062,185 |
| FY2018 | $74,456,233 | $70,238,304 | $126,571,299 |
| FY2017 | $67,527,910 | $67,109,598 | $109,687,177 |
| FY2016 | $61,713,937 | $61,826,347 | $108,291,000 |
| FY2015 | $61,768,964 | $63,008,893 | $110,038,268 |
| FY2014 | $68,465,974 | $61,860,765 | $110,436,908 |
| FY2013 | $56,390,365 | $62,159,368 | $99,800,353 |
| FY2012 | $57,804,654 | $55,949,126 | $101,072,992 |
Form 990 filings
The returns filed by Baylor Research Institute (EIN 75-1921898), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $42,035,733 | 47% |
| Program service revenue | $33,238,900 | 37% |
| Other revenue | $14,216,708 | 16% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $75,562,410 | 88% |
| Management & general | $10,347,762 | 12% |
| Fundraising | $0 | 0% |
What the numbers show
- Contributions & grants made up 47% of total revenue in FY2025.
- Program services accounted for 88% of functional expenses, management & general 12%, and fundraising 0%.
- 88% of functional expenses went to program services in FY2025. That is higher than 68.2% of 157 Medical Research organizations nationwide (too few in TX for a state comparison).
- Net assets covered about 24.2 months of expenses at the end of the reporting year. That puts it in the 60th percentile among 170 Medical Research organizations in TX.
- Total revenue was the highest among 173 Medical Research organizations in TX.
- Total revenue rose from $57,804,654 in FY2012 to $89,491,341 in FY2025. Revenue increased in 8 and decreased in 5 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 4 of 14 reported years (FY2013, FY2015, FY2016, FY2023).
- Net assets grew from $101,072,992 to $172,899,033 between FY2012 and FY2025.
- Contributions and grants made up 86% of revenue in FY2012 and 47% in FY2025.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
Faith based medical research organization bringing innovative treatment to patients through basic science, clinical trials, and health care effectiveness and quality of care research.
IRS status
| Ruling year | 1984 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | H900 — Medical Research |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
Similar organizations
- Texas Biomedical Research Institute — San Antonio, TX · $75,183,345
- Leducq Foundation for Cardiovascular Research — Houston, TX · $34,809,129
- Texas Heart Institute — Houston, TX · $24,749,411
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
Think something here is wrong or should be removed? Use the contact form — we act on removal requests within 30 days.