Vanderbilt University Medical Center
Vanderbilt University Medical Center reported $8.67 billion in revenue and $8.26 billion in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $85.28 went to program services, $14.46 to management and general costs and $0.26 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 91.6% of the total. Government grants made up 5.4%. The highest compensation it reported for one person was $16,481,139 (President and CEO). 8,946 people received more than $100,000 in reportable compensation. Revenue rose 76% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $8.26BFor 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
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $8.67BThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 85.3% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 14.5% | 13.7% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.3% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.03 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 7.4% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 5.4% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 91.6% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $16,481,139 | $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 | 8,946 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 4.3 | 6.6 |
| Independent voting board members Part VI 1a–1b | 10 of 11 | 88.9% |
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
FY2025 · Form 990, Part III · the three largest programs by expenseAcademic and Scientific Research
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| President and CEO Director/trustee, officer, 60.0 hrs/week | $14,688,567 | $0 | $1,792,572 | $16,481,139 |
| Deputy CEO & Chief Health System Officer Officer, 59.1 hrs/week | $5,621,867 | $0 | $1,016,048 | $6,637,915 |
| COO and Corporate Chief of Staff Officer, 60.0 hrs/week | $5,018,633 | $0 | $535,265 | $5,553,898 |
| CFO and Treasurer Officer, 60.0 hrs/week | $3,892,160 | $0 | $474,944 | $4,367,104 |
| Former General Counsel and Secretary Former, 0.0 hrs/week | $3,018,841 | $0 | $233,848 | $3,252,689 |
| Chief Scientific and Strategy Officer Key employee, 68.0 hrs/week | $2,122,970 | $0 | $328,509 | $2,451,479 |
| CMO and Sr VP for Clinical Affairs Key employee, 32.5 hrs/week | $1,872,987 | $0 | $317,249 | $2,190,236 |
| Pres & Exec Med Dir, MCJCH Key employee, 55.9 hrs/week | $1,794,599 | $0 | $280,142 | $2,074,741 |
8,946 people received more than $100,000 in reportable compensation from Vanderbilt University Medical Center (Part VII, line 2). Compensation of current officers, directors and key employees totaled $47M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance 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 · 10 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 2Yes
- 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 18Yes
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 538,678
- Volunteers Part I, line 62,090
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| Vanderbilt University Various Services | $188,970,129 |
| DELL MARKETING LP Information Technology | $14,791,378 |
| FRESENIUS MEDICAL CARE HOLDING INC Medical Services | $12,625,542 |
| DCI DONOR SERVICES INC Medical Transportation | $9,758,894 |
| BLOOD ASSURANCE INC Medical Services | $8,239,431 |
Individuals listed as contractors are left out. 262 contractors were paid more than $100,000 in all.
Private foundation grants it received
82 private foundations reported grants to Vanderbilt University Medical Center totaling $9.3M 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 Vanderbilt University Medical Center's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Vanderbilt University Medical Center, you can publish a response that is linked from this page.
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Of every $100 Vanderbilt University Medical Center spent in FY2025, $85.28 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Memorial Hermann Health SystemHouston, TX · revenue $8.56B · programs 88.1% · FY2025
- Stanford Health CAREStanford, CA · revenue $8.68B · programs 94.8% · FY2025
- CareSource OhioDayton, OH · revenue $8.56B · programs 86.3% · 2024
- Hackensack Meridian Health Inc-SubordinatesEdison, NJ · revenue $8.85B · programs 89.8% · 2024
- Memorial Sloan-Kettering Cancer CenterNew York, NY · revenue $8.50B · programs 98.7% · 2024
Questions people ask
How much of Vanderbilt University Medical Center's spending goes to programs?
In the fiscal year ending June 30, 2025, Vanderbilt University Medical Center reported that 85.3% of its $8.26 billion in expenses went to program services, 14.5% to management and general and 0.3% to fundraising (Form 990, Part IX).
How much does Vanderbilt University Medical Center pay its top executive?
The largest total compensation Vanderbilt University Medical Center reported for one person in the fiscal year ending June 30, 2025 was $16,481,139, for the role of President and CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Vanderbilt University Medical Center get its money?
Of $8.67 billion in revenue in the fiscal year ending June 30, 2025, 7.4% came from contributions and grants (including 5.4% from government grants) and 91.6% from program service revenue (Form 990, Part VIII).
Is Vanderbilt University Medical Center a registered charity?
The IRS lists EIN 35-2528741 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
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202621279349301822 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202511329349305461 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202441299349301534 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202311309349300126 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202241339349300419 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202121239349300807 · read the filing
All filings for EIN 35-2528741: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.