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Society of Hospital Medicine

Philadelphia, PA · EIN 23-3057353 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending September 30, 2025 (tax year 2024) · View the filing · Correct or respond

Society of Hospital Medicine reported $17.3 million in revenue and $14.9 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $63.34 went to program services, $36.66 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 84.2% of the total. The highest compensation it reported for one person was $900,332 (CHIEF EXECUTIVE OFFICER). 19 people received more than $100,000 in reportable compensation. Revenue rose 102% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending September 30, 2025 · Form 990, Part IX, line 25 · total expenses $15M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending September 30, 2025 · Form 990, Part VIII · total revenue $17M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
63.3%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
36.7%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
10.7%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
4.9%1.1%
Program service revenue share
Part VIII 2g ÷ 12
84.2%69.9%
Highest reported compensation
Part VII-A, columns D–F
$900,332$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
6.05%1.28%
People paid over $100,000
Part VII, line 2
198
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
15.113.3
Independent voting board members
Part VI 1a–1b
8 of 11100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$6.1M expenses · 64.4% of program spending · grants $50,000 · revenue $8.9M

Convergeannual meeting, now known as converge, is part of the Hospital Medicine movement. In 2025, there were approximately 4,100 attendees that were able to participate in around 130 different educational sessions. Additionally, there were over 1,050 participants in the poster session

$2.7M expenses · 29.1% of program spending · revenue $6.7M

Membershipthe Society of Hospital Medicine (shm) is the professional home of hospitalists dedicated to exceptional and equitable care for acutely ill patients. As the home for hospitalists, shm activates and engages our community to advocate for our specialty, our members, and the diverse patients we serve; promotes high-value care and optimal outcomes for acutely ill patients; meets the evolving educational needs of a dynamic specialty; cultivates an inclusive community for hospitalists and supports career growth and wellbeing; and advances the research and innovation of healthcare delivery…

$619K expenses · 6.6% of program spending · revenue $507K

Cqithe center for quality improvement supports and equips hospitalists and other hospital clinicians with "best practice and evidence-based implementation tools, frameworks, resources and strategies, resulting in a sustainable model of improved patient safety, outcomes and quality of care. The center partners with a diverse pool of funders to develop these programs and resources addressing multiple clinical topics including glycemic control, copd, vte and improving handoffs of care. Shm's mentored implementation model is the primary mechanism for facilitating process improvement and…

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CHIEF EXECUTIVE OFFICER
Officer, 40.00 hrs/week
$844,385$0$55,947$900,332
CHIEF LEGAL OFFICER
Highest compensated employee, 40.00 hrs/week
$225,739$0$35,227$260,966
CHIEF OF STRATEGIC PARTNERSHIPS
Highest compensated employee, 40.00 hrs/week
$222,651$0$36,972$259,623
CHIEF OF OPERATIONS
Highest compensated employee, 40.00 hrs/week
$227,292$0$28,379$255,671
CHIEF OF STRATEGY
Highest compensated employee, 40.00 hrs/week
$229,078$0$24,469$253,547
ASSOCIATE CHIEF OF OPERATIONS
Highest compensated employee, 40.00 hrs/week
$167,258$0$42,882$210,140
SENIOR VICE PRESIDENT
Officer, 40.00 hrs/week
$175,846$0$25,299$201,145
SECRETARY
Director/trustee, officer, 1.00 hrs/week
$15,000$0$0$15,000

19 people received more than $100,000 in reportable compensation from Society of Hospital Medicine (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.3M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20MFY2020FY2021FY2022FY2023FY2024FY2025$17M$15M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$17M$15M63.3%$19M$900,332
FY2024 ⓘ$15M$13M59.6%$15M$933,851
FY2023 ⓘ$13M$13M60.8%$12M$880,671
FY2022 ⓘ$15M$13M61.8%$11M$680,478
FY2021 ⓘ$11M$9.9M49.0%$12M$923,757
FY2020 ⓘ$8.6M$11M53.8%$9.4M$861,045

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b11 · 8 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 559
  • Volunteers Part I, line 68

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
CHAMBER HILL STRATEGIES
Advocacy legal fees
$177,026

Individuals listed as contractors are left out. 1 contractors were paid more than $100,000 in all.

Correct a figure or respond

Every number above is copied from Society of Hospital Medicine's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Society of Hospital Medicine, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Pennsylvania

Questions people ask

How much of Society of Hospital Medicine's spending goes to programs?

In the fiscal year ending September 30, 2025, Society of Hospital Medicine reported that 63.3% of its $14.9 million in expenses went to program services, 36.7% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Society of Hospital Medicine pay its top executive?

The largest total compensation Society of Hospital Medicine reported for one person in the fiscal year ending September 30, 2025 was $900,332, for the role of CHIEF EXECUTIVE OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Society of Hospital Medicine get its money?

Of $17.3 million in revenue in the fiscal year ending September 30, 2025, 10.7% came from contributions and grants (including 4.9% from government grants) and 84.2% from program service revenue (Form 990, Part VIII).

Is Society of Hospital Medicine a registered charity?

The IRS lists EIN 23-3057353 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending September 30, 2025, object 202640269349300809 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202541839349301304 · read the filing
  • FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202431949349301223 · read the filing
  • FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202312009349300401 · read the filing
  • FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202202159349300800 · read the filing
  • FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202142169349301504 · read the filing

All filings for EIN 23-3057353: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.