Official Seal, Everything Is Broken (2026)

Everything Is Broken

Report No. 1 · Nonprofit Hospital Executive Pay vs Charity Care · Annual Report, 2026 edition

Texas · Ranked 234 of 1033 by CEO pay.

Baylor University Medical Center

Kyle Armstrong, President/CEO. Fiscal year ending 2025-06.

$1.7M
CEO total compensation
Form 990 Part VII, columns D+E+F
1.79%
of expenses spent on charity care
Schedule H Part I line 7a
6.2%
CEO pay as a share of all charity care

§1The filing

Total revenue
$2,318,236,064
Total expenses
$1,515,360,286
Net assets
$4,408,164,250
Employees
6,573
Hospitals covered
18 facilities across 1 filing
Charity care, net
$27,100,134
Bad debt
$167,285,877
Medicare surplus (shortfall), as filed
$33,012,736
CEO pay from the organization (Part VII col. D)
$1,539,054
From related organizations (col. E)
$0
Other compensation, including deferred pay and nontaxable benefits (col. F)
$149,088
CEO total compensation (D+E+F)
$1,688,142 to Kyle Armstrong

Medicare surplus (shortfall) is Schedule H Part III line 7: Medicare revenue minus the cost of Medicare care. A figure in parentheses is a shortfall. Like bad debt, it is not community benefit on the IRS form.

Source: Form 990, Baylor University Medical Center, EIN 75-1837454, fiscal year ending 2025-06, as published by the IRS. CEO identification: ceo title.

§2Community benefit versus charity care

What the system reported as total community benefit (Schedule H line 7k)$77.8M Of which charity care to patients who could not pay (line 7a)$27.1M (35%)

The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($167.3M) and Medicare shortfall are reported separately by the IRS and are not community benefit on the form.

Every number on this page was copied from the filing linked above. If a figure is wrong, send the filing that contradicts it and the correction runs at the top of this page.

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Baylor University Medical Center: CEO pay $1.7M, charity care 1.79% of expenses