Baptist Memorial Hospital
Baptist Memorial Hospital reported $1.12 billion in revenue and $1.02 billion in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $94.80 went to program services, $5.20 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: 99.3% of the total. The highest compensation it reported for one person was $3,913,950 (PRESIDENT). 522 people received more than $100,000 in reportable compensation. Revenue rose 45% 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 $1.02BFor 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 September 30, 2025 · Form 990, Part VIII · total revenue $1.12BThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 94.8% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 5.2% | 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 | 0.2% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.1% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 99.3% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $3,913,950 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.38% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 522 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 3.6 | 6.6 |
| Independent voting board members Part VI 1a–1b | 3 of 7 | 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 expenseBaptist Memorial Hospital provides quality medical health care regardless of race, creed, sex, national origin, handicap, or age. Patients of every race, creed, and socioeconomic group come to Baptist Memorial Hospital from many states and countries with illnesses that are often very serious. Although reimbursement for services rendered is critical to the operation and stability of Baptist Memorial Hospital, it is recognized that not all individuals possess the ability to purchase essential medical services, and further, that our mission is to serve the community with respect to providing…
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 Officer, 0.23 hrs/week | $0 | $3,797,655 | $116,295 | $3,913,950 |
| SECRETARY Officer, 0.23 hrs/week | $0 | $1,667,844 | $92,287 | $1,760,131 |
| VICE PRESIDENT Officer, 0.23 hrs/week | $0 | $1,674,623 | $85,263 | $1,759,886 |
| DIRECTOR Director/trustee, 0.23 hrs/week | $0 | $1,583,539 | $94,462 | $1,678,001 |
| FORMER CEO Former, 0.00 hrs/week | $0 | $870,809 | $102,497 | $973,306 |
| CEO MEMPHIS/DIRECTOR Director/trustee, officer, 37.81 hrs/week | $0 | $800,163 | $107,836 | $907,999 |
| FORMER INTERIM CNO Former, 0.00 hrs/week | $0 | $683,420 | $75,440 | $758,860 |
| FORMER CMO/CMAO Former, 0.00 hrs/week | $126,936 | $527,398 | $62,513 | $716,847 |
522 people received more than $100,000 in reportable compensation from Baptist Memorial Hospital (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.7M (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–1b7 · 3 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 15aNo
- Board given the 990 before filing Part VI 11aNo
- 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 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 55,970
- Volunteers Part I, line 691
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| TEAM HEALTH INC Physician services | $6,087,144 |
| ASSOCIATED PATHOLOGISTS Physician services | $3,565,650 |
Individuals listed as contractors are left out. 69 contractors were paid more than $100,000 in all.
Correct a figure or respond
Every number above is copied from Baptist Memorial Hospital's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Baptist Memorial Hospital, you can publish a response that is linked from this page.
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Of every $100 Baptist Memorial Hospital spent in FY2025, $94.80 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Florida Hospital Medical GroupMaitland, FL · revenue $1.12B · programs 89.7% · 2024
- Ssm Health CARE of OklahomaSt Louis, MO · revenue $1.12B · programs 89.4% · 2024
- Poudre Valley Medical Group LlcFort Collins, CO · revenue $1.11B · programs 91.6% · FY2025
- Morton Plant Hospital AssociationClearwater, FL · revenue $1.13B · programs 83.7% · 2024
- Bethesda HospitalCincinnati, OH · revenue $1.11B · programs 85.7% · FY2025
Questions people ask
How much of Baptist Memorial Hospital's spending goes to programs?
In the fiscal year ending September 30, 2025, Baptist Memorial Hospital reported that 94.8% of its $1.02 billion in expenses went to program services, 5.2% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Baptist Memorial Hospital pay its top executive?
The largest total compensation Baptist Memorial Hospital reported for one person in the fiscal year ending September 30, 2025 was $3,913,950, for the role of PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Baptist Memorial Hospital get its money?
Of $1.12 billion in revenue in the fiscal year ending September 30, 2025, 0.2% came from contributions and grants (including 0.1% from government grants) and 99.3% from program service revenue (Form 990, Part VIII).
Is Baptist Memorial Hospital a registered charity?
The IRS lists EIN 62-0123940 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 September 30, 2025, object 202612269349300006 · read the filing
- FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202502269349301000 · read the filing
- FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202412279349303936 · read the filing
- FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202302279349301485 · read the filing
- FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202202239349302855 · read the filing
- FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202142259349301144 · read the filing
All filings for EIN 62-0123940: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.