Meharry Medical College
Meharry Medical College reported $234.1 million in revenue and $227.0 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $91.49 went to program services, $8.51 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 58.9% of the total. Government grants made up 32.6%. The highest compensation it reported for one person was $950,874 (PRESIDENT/CEO). 34 people received more than $100,000 in reportable compensation. Revenue rose 69% 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 $227MFor 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 June 30, 2025 · Form 990, Part VIII · total revenue $234MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 91.5% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 8.5% | 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 | 58.9% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 32.6% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 36.0% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $950,874 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.42% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 34 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 23.4 | 13.3 |
| Independent voting board members Part VI 1a–1b | 25 of 27 | 100.0% |
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 expenseProfessional education: education of studnets in the fields of medicine, dentistry, public health, medical science and allied health profession, and data sciences. Degrees conferred include: md, dds, mhs, msph, msds, msbds and phd
Health care delivery and management, general/other: general healthcare delivery, primary and specialty care, dental and mental healthcare
Medical reserach, general/other: the organization does research in a number of major areas (cancer, cardiovascular, neuroscience, seat belt safety, along with research training, and HIV disease, infectious disease, women's health, community engagement) with a primary focus on health disparities 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/CEO Director/trustee, officer, 40.00 hrs/week | $950,874 | $0 | $0 | $950,874 |
| SENIOR VP FINANCE/CFO (RETIRED) Former, 40.00 hrs/week | $712,457 | $0 | $0 | $712,457 |
| DEAN SCHOOL OF MEDICINE Key employee, 40.00 hrs/week | $595,000 | $0 | $0 | $595,000 |
| EXEC VP AND PROVOST/FORMER TRUSTEE Key employee, 40.00 hrs/week | $552,147 | $0 | $0 | $552,147 |
| SENIOR VP/ GENERAL COUNSEL Officer, 40.00 hrs/week | $520,000 | $0 | $0 | $520,000 |
| DEAN SCHOOL OF DENTISTRY Key employee, 40.00 hrs/week | $490,000 | $0 | $0 | $490,000 |
| SR VICE PRESIDENT INSTITUTIONAL ADVANCEMENT Key employee, 40.00 hrs/week | $479,166 | $0 | $0 | $479,166 |
| SENIOR VP CLINICAL AFFAIRS AND GME (TERMINATED) Former, 40.00 hrs/week | $470,930 | $0 | $0 | $470,930 |
34 people received more than $100,000 in reportable compensation from Meharry Medical College (Part VII, line 2). Compensation of current officers, directors and key employees totaled $14M (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–1b27 · 25 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13No
- Document retention policy Part VI 14No
- Independent process for top executive pay Part VI 15aNo
- 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 26Yes
- 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 51,360
- Volunteers Part I, line 61,300
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| BAKER DONELSON BEARMEN CALDWELL & BER Contract service | $861,202 |
| HEWLETT-PACKARD FINANCIAL SERVICES COMPA Contract service | $501,617 |
| NATION STRATEGIES Contract service | $225,000 |
| WORKMAN ADVISING GROUP Contract service | $220,271 |
Individuals listed as contractors are left out. 5 contractors were paid more than $100,000 in all.
Private foundation grants it received
29 private foundations reported grants to Meharry Medical College totaling $26M 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 Meharry Medical College's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Meharry Medical College, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Meharry Medical College spent in FY2025, $91.49 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Kansas State University FoundationManhattan, KS · revenue $234M · programs 73.9% · FY2025
- Rose-Hulman Institute of TechnologyTerre Haute, IN · revenue $234M · programs 88.4% · FY2025
- KIPP Socal Public SchoolsLos Angeles, CA · revenue $233M · programs 92.0% · FY2025
- Reed InstitutePortland, OR · revenue $235M · programs 91.1% · FY2025
- Stony Brook FoundationStony Brook, NY · revenue $233M · programs 67.6% · FY2025
Questions people ask
How much of Meharry Medical College's spending goes to programs?
In the fiscal year ending June 30, 2025, Meharry Medical College reported that 91.5% of its $227.0 million in expenses went to program services, 8.5% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Meharry Medical College pay its top executive?
The largest total compensation Meharry Medical College reported for one person in the fiscal year ending June 30, 2025 was $950,874, for the role of PRESIDENT/CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Meharry Medical College get its money?
Of $234.1 million in revenue in the fiscal year ending June 30, 2025, 58.9% came from contributions and grants (including 32.6% from government grants) and 36.0% from program service revenue (Form 990, Part VIII).
Is Meharry Medical College a registered charity?
The IRS lists EIN 62-0488046 as a 501(c)(3) organization (school), 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 202631599349301033 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202541359349314334 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202440859349301759 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202330679349300303 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202210559349300111 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202110489349300346 · read the filing
All filings for EIN 62-0488046: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.