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The Methodist Hospitals

Gary, IN · EIN 35-0868133 · 501(c)(3) · Hospital or medical research organization
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

The Methodist Hospitals reported $493.4 million in revenue and $531.1 million in expenses for calendar year 2024. Of every $100 it spent, $88.95 went to program services, $11.05 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: 97.0% of the total. The highest compensation it reported for one person was $1,052,129 (PHYSICIAN). 347 people received more than $100,000 in reportable compensation. Revenue rose 29% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $531M

For context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $493M

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

2024 filing. Median across 5,634 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
88.9%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
11.1%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.3%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.1%
Program service revenue share
Part VIII 2g ÷ 12
97.0%93.7%
Highest reported compensation
Part VII-A, columns D–F
$1,052,129$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.20%1.34%
People paid over $100,000
Part VII, line 2
34727
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
4.96.6
Independent voting board members
Part VI 1a–1b
12 of 1388.9%

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

2024 · Form 990, Part III · the three largest programs by expense
$472M expenses · 100.0% of program spending · grants $71,627 · revenue $478M

The Methodist Hospitals, inc. Has a commitment to the needs of its diverse communities through quality services. Its regional reputation for excellence since 1923 continues to support the market position. Methodist Hospitals is an indiana not-for-profit corporation, 562 bed community-based healthcare systems governed by a board of directors. As stewards of the mission, reinvestment in the communities is carried out through charitable giving, community education programs, economic development forums, support services, screenings, and advocating quality care for the most vulnerable and…

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PHYSICIAN
Highest compensated employee, 40.0 hrs/week
$1,041,144$0$10,985$1,052,129
PHYSICIAN
Highest compensated employee, 40.0 hrs/week
$939,193$0$35,392$974,585
PHYSICIAN
Highest compensated employee, 40.0 hrs/week
$920,641$0$34,908$955,549
PHYSICIAN
Highest compensated employee, 40.0 hrs/week
$752,473$0$28,773$781,246
PHYSICIAN
Highest compensated employee, 40.0 hrs/week
$703,659$0$33,456$737,115
PRESIDENT, CHIEF EXECUTIVE OFFICER
Officer, 40.0 hrs/week
$635,143$0$77,353$712,496
SENIOR VICE PRESIDENT, CHIEF MEDICAL OFFICER
Key employee, 40.0 hrs/week
$458,177$0$57,526$515,703
SENIOR VICE PRESIDENT, CHIEF NURSING AND OPERATIONS OFFICER
Key employee, 40.0 hrs/week
$324,925$0$48,640$373,565

347 people received more than $100,000 in reportable compensation from The Methodist Hospitals (Part VII, line 2). Compensation of current officers, directors and key employees totaled $3.4M (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$200M$400M$600M$800M201920202021202220232024$493M$531M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$493M$531M88.9%$218M$1,052,129
2023 ⓘ$472M$485M88.2%$252M$825,626
2022 ⓘ$449M$459M87.4%$256M$878,396
2021 ⓘ$430M$419M87.4%$278M$923,170
2020 ⓘ$410M$397M87.3%$255M$896,586
2019 ⓘ$383M$389M86.9%$243M$720,708

Governance answers, as filed

2024 · 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–1b13 · 12 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 52,966

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
COMPREHENSIVE PHARMACY SERVICES LLC
Pharmacy management svcs
$18,132,578
SODEXOMAGIC LLC
Facility svcs management
$8,173,304
RED REEF ANESTHESIA ASSOCIATES
Anesthesia services
$7,346,128
MEDICAL SOLUTIONS LLC
Contracted nursing labor
$6,863,863
SUNITI MEDICAL CORPORATION
Oncology infusion/hematology
$5,244,829

Individuals listed as contractors are left out. 105 contractors were paid more than $100,000 in all.

Private foundation grants it received

1 private foundation reported grants to The Methodist Hospitals totaling $100K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

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

Similar-sized charities in this cause

All health care charities · Largest charities in Indiana

Questions people ask

How much of The Methodist Hospitals's spending goes to programs?

In calendar year 2024, The Methodist Hospitals reported that 88.9% of its $531.1 million in expenses went to program services, 11.1% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does The Methodist Hospitals pay its top executive?

The largest total compensation The Methodist Hospitals reported for one person in calendar year 2024 was $1,052,129, for the role of PHYSICIAN (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does The Methodist Hospitals get its money?

Of $493.4 million in revenue in calendar year 2024, 0.3% came from contributions and grants and 97.0% from program service revenue (Form 990, Part VIII).

Is The Methodist Hospitals a registered charity?

The IRS lists EIN 35-0868133 as a 501(c)(3) organization (hospital or medical research organization), 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

  • 2024: Form 990 for calendar year 2024, object 202513099349301116 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202423109349302477 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202303139349303420 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202243159349306739 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202143089349303404 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202033099349302753 · read the filing

All filings for EIN 35-0868133: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.