Methodist Healthcare-Memphis Hospitals
Methodist Healthcare-Memphis Hospitals reported $1.97 billion in revenue and $2.19 billion in expenses for calendar year 2024. Of every $100 it spent, $93.60 went to program services, $6.40 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: 97.1% of the total. The highest compensation it reported for one person was $2,444,821 (PRESIDENT/CEO/Board Member). 1,221 people received more than $100,000 in reportable compensation. Revenue fell 3% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $2.19BFor 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 $1.97BThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 93.6% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 6.4% | 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 | 0.4% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 97.1% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $2,444,821 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.11% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 1,221 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 4.2 | 6.6 |
| Independent voting board members Part VI 1a–1b | 13 of 14 | 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
2024 · Form 990, Part III · the three largest programs by expenseMethodist Healthcare - Memphis Hospitals is a 501(c)(3) non-profit organization consisting of five hospitals within an integrated healthcare delivery system based in memphis, tennessee. The first methodist hospital in the system was founded in 1918 by the united methodist church to help meet the growing needs for quality healthcare in the mid-south. Affiliated with the memphis, mississippi and arkansas conferences of the united methodist church, Methodist Healthcare - Memphis Hospitals combine a dedication to the art of healing with a christ-centered commitment to minister to the whole…
Highest reported compensation
2024 · 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/CEO/Board Member Director/trustee, officer, 2.0 hrs/week | $0 | $2,373,965 | $70,856 | $2,444,821 |
| PHYSICIAN Highest compensated employee, 40.0 hrs/week | $1,282,301 | $0 | $53,376 | $1,335,677 |
| EVP/Chief Operating Officer Officer, 2.0 hrs/week | $0 | $1,094,838 | $217,846 | $1,312,684 |
| PHYSICIAN Highest compensated employee, 40.0 hrs/week | $1,225,646 | $0 | $62,793 | $1,288,439 |
| PHYSICIAN Highest compensated employee, 40.0 hrs/week | $1,203,175 | $0 | $67,314 | $1,270,489 |
| PHYSICIAN Highest compensated employee, 40.0 hrs/week | $1,083,012 | $0 | $76,453 | $1,159,465 |
| SVP/Chief Financial Officer Officer, 2.0 hrs/week | $0 | $942,830 | $195,670 | $1,138,500 |
| PHYSICIAN Highest compensated employee, 40.0 hrs/week | $1,012,931 | $0 | $81,790 | $1,094,721 |
1,221 people received more than $100,000 in reportable compensation from Methodist Healthcare-Memphis Hospitals (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.9M (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
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–1b14 · 13 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 4No
- 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 511,899
- Volunteers Part I, line 678
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| UT LEBONHEUR PEDIATRIC SPECIALISTS Contract Services | $36,884,084 |
| UNIVERSITY OF TENNESSEE Physician Services | $16,197,045 |
| AMERICAN FOUNDATION FOR DONATION AND TRANSPLANTATION Contract Services | $9,953,553 |
| RESOURCE ANESTHESIOLOGY ASSOCIATES Professional Fees | $8,412,973 |
| QUALIVIS LLC Contract Labor | $6,525,358 |
Individuals listed as contractors are left out. 90 contractors were paid more than $100,000 in all.
Private foundation grants it received
2 private foundations reported grants to Methodist Healthcare-Memphis Hospitals totaling $50,211 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 Methodist Healthcare-Memphis 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 Methodist Healthcare-Memphis Hospitals, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Methodist Healthcare-Memphis Hospitals spent in 2024, $93.60 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- York HospitalYork, PA · revenue $1.97B · programs 74.4% · FY2025
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- Mercy Hospitals East CommunitiesSt Louis, MO · revenue $1.97B · programs 88.2% · FY2025
- Corewell HealthGrand Rapids, MI · revenue $1.96B · programs 98.3% · 2024
Questions people ask
How much of Methodist Healthcare-Memphis Hospitals's spending goes to programs?
In calendar year 2024, Methodist Healthcare-Memphis Hospitals reported that 93.6% of its $2.19 billion in expenses went to program services, 6.4% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Methodist Healthcare-Memphis Hospitals pay its top executive?
The largest total compensation Methodist Healthcare-Memphis Hospitals reported for one person in calendar year 2024 was $2,444,821, for the role of PRESIDENT/CEO/Board Member (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Methodist Healthcare-Memphis Hospitals get its money?
Of $1.97 billion in revenue in calendar year 2024, 0.4% came from contributions and grants and 97.1% from program service revenue (Form 990, Part VIII).
Is Methodist Healthcare-Memphis Hospitals a registered charity?
The IRS lists EIN 62-0479367 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 (amended), object 202621249349302017 · read the filing · XML
- 2023: Form 990 for calendar year 2023 (amended), object 202611259349302481 · read the filing
- 2022: Form 990 for calendar year 2022, object 202343199349314249 · read the filing
- 2021: Form 990 for calendar year 2021, object 202233199349322653 · read the filing
- 2020: Form 990 for calendar year 2020, object 202123169349303037 · read the filing
- 2019: Form 990 for calendar year 2019, object 202023219349314212 · read the filing
All filings for EIN 62-0479367: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.