Baptist Memorial Hospital
95% goes to programs $0 to raise $100 Growing revenue
Baptist Memorial Hospital is a 501(c)(3) organization based in Memphis, Tennessee, registered in 1954, with $975,547,466 in FY2023 revenue. CharityIndex grades it A, and it directs about 95% of spending to programs.
350 N Humphreys Blvd, Memphis, TN, 38120 EIN 62-0123940 Since 1954
Revenue (FY2023)
$975.5M
▲ 8.6% vs prior year
Health median: $840K
Expenses (FY2023)
$954.6M
Net assets
$207.1M
Employees
6,085
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
A+Program efficiency40% of the rating95% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Baptist Memorial Hospital: 95% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
BFinancial health25% of the rating3 mo reserves · +2% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Baptist Memorial Hospital: 3 mo reserves · +2% margin earns a B on this criterion. See the exact thresholds →
AGovernance25% of the rating5 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Baptist Memorial Hospital: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Baptist Memorial Hospital: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Baptist memorial hospital provides quality medical health care regardless of race, creed, sex, national origin, handicap, or age.
Contact & location
- Address
- 350 N Humphreys Blvd, Memphis, TN, 38120
- City
- Memphis
- State
- Tennessee
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $685.6M (FY2013) to $975.5M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $378.6MNet assets $207.1M
Operating margin
2.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$585.8M
Total liabilities
$378.6M
Net assets
$207.1M
Salaries & benefits
$370.3M
39% of expenses
Board members
6
2 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $975,547,466▲8.6% | $954,642,141▲5.2% | $207,137,874▲11.4% | $585,757,708▲12.2% | 990 |
| 2022 | $898,107,746▲12.6% | $907,837,723▲5.0% | $185,959,031▼3.3% | $522,179,995▼5.0% | 990 |
| 2021 | $797,604,345▲1.4% | $864,584,167▲11.0% | $192,316,039▼24.4% | $549,857,995▼18.1% | 990 |
| 2020 | $786,491,472▲2.1% | $779,252,256▲6.5% | $254,414,129▲1.6% | $671,654,593▼2.9% | 990 |
| 2019 | $770,663,628▲4.9% | $731,548,456▲4.9% | $250,352,278▲17.6% | $691,981,947▲38.1% | 990 |
| 2018 | $734,638,311▲9.4% | $697,532,893▲3.6% | $212,895,261▲20.9% | $501,145,100▲14.3% | 990 |
| 2017 | $671,524,521▲2.7% | $673,070,745▲3.4% | $176,034,925▲1.2% | $438,411,980▼1.0% | 990 |
| 2016 | $653,968,466▲5.7% | $651,164,601▼1.9% | $174,020,731▲3.4% | $442,981,678▲3.4% | 990 |
| 2015 | $618,796,997▼12.4% | $664,059,220▼7.1% | $168,252,492▼21.7% | $428,426,453▼8.5% | 990 |
| 2014 | $706,338,048▲3.0% | $714,537,567▼3.1% | $214,781,156▼12.9% | $468,065,404▼2.5% | 990 |
| 2013 | $685,584,865 | $737,592,409▲4.5% | $246,503,273▼26.7% | $480,298,694▼12.5% | 990 |
| 2012 | — | $705,755,479▲0.3% | $336,155,338▼2.6% | $548,742,567▼12.1% | 990 |
| 2011 | — | $703,605,097▲11.9% | $345,254,995▼21.3% | $624,157,630▼6.2% | 990 |
| 2010 | — | $628,833,896▲3.8% | $438,787,266▼2.8% | $665,645,751▼5.9% | 990 |
| 2009 | — | $605,688,979 | $451,313,732 | $707,368,265 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Osama Mahmoud — $587,662 (0.06% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Osama Mahmoud | Physician | 40 | $587,662 |
| William Cloud Md | Cmo/cmao (thru 01/24) | 10 | $455,565 |
| Ashley Harris | Assoc Cmo(thru 1/24)/cmo(as of 2/24) | 40 | $437,761 |
| Jennifer L Snow | Cmo - System Dir. Pediatric Services | 40 | $395,045 |
| Nirmit D Kothari | Officer-chief Hospital Medicine | 40 | $380,624 |
| Florence Iweta | Registered Nurse | 40 | $252,951 |
| Leellon L Martin | Registered Nurse | 40 | $218,637 |
| Cyndi S Pittman | Cfo (thru 10/23) | 33.85 | $212,244 |
| April Fox | Chief Nursing Officer-women's | 40 | $185,269 |
| Cara Beard | Cno-memphis (as of 11/23) | 40 | $169,392 |
| Denise Ferguson | Cno-collierville | 40 | $120,241 |
| Margaret H Williams | Cfo Women's | 40 | $117,273 |
| Samuel Pieh | Former Coo | 0 | $87,099 |
| Thomas Steadman | Cfo Bmh-memphis (as of 11/23) | 7.69 | $51,826 |
| Allison K Bosse | Ceo Women's Hospital | 40 | — |
| Arie Szatkowski Md | Director | 0.23 | — |
| Brad H Parsons | Former Ceo | 0 | — |
| Cary Finn Md | Director | 0.23 | — |
| Dale Morris Md | Chairman | 0.23 | — |
| Edwin P Cade | Ceo Memphis/director | 37.81 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Shiftwise Inc | Staffing Agency Services | $18,719,010 |
| Morrison Management Specialists Inc | Management Services | $5,549,648 |
| Fresenius Medical Care | Dialysis Services | $5,297,777 |
| University of Tennessee | Physician Services | $4,969,170 |
| American Anesthesiology of Tennesse | Anesthesia Services | $3,454,841 |
Grants received · $16.9M total
11 grants to Baptist Memorial Hospital totaling $16.9M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Baptist Memorial Health Care Foundation | Various medical and community programs | 2023 | $922,619 |
| Baptist Memorial Health Care Foundation | Various medical and community programs | 2022 | $1,221,576 |
| Baptist Memorial Health Care Foundation | Various medical and community programs | 2021 | $1,580,319 |
| Baptist Memorial Health Care Foundation | Various medical and community programs | 2020 | $2,518,368 |
| Baptist Memorial Health Care Foundation | Various medical and community programs | 2019 | $839,354 |
| Baptist Memorial Health Care Foundation | Various medical and community programs | 2018 | $1,422,097 |
| Baptist Memorial Health Care Foundation | Various medical and community programs | 2017 | $590,395 |
| Baptist Memorial Health Care Foundation | Various medical and community programs | 2016 | $1,603,335 |
| Baptist Memorial Health Care Foundation | Various medical and community programs | 2015 | $3,753,026 |
| Baptist Memorial Health Care Foundation | Various medical and community programs | 2014 | $2,429,730 |
| Greater Good Charities | Breast cancer & women's health | 2014 | $20,000 |
Grants made · $9.9M in FY2023
2 grants totaling $9.9M in FY2023. All grants made by Baptist Memorial Hospital →
| Recipient | Purpose | Amount |
|---|---|---|
| Baptist Memorial College of Health Sciences Inc | General support | $9,706,062 |
| Crosslink Memphis Inc | Eyeglass and medical supplies | $183,372 |
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Frequently asked questions
- Is Baptist Memorial Hospital a legitimate nonprofit?
- Yes. Baptist Memorial Hospital is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 62-0123940, based in Memphis, Tennessee. Donations are tax-deductible.
- What is Baptist Memorial Hospital's EIN?
- Baptist Memorial Hospital's Employer Identification Number (EIN) is 62-0123940.
- How much revenue does Baptist Memorial Hospital report?
- Baptist Memorial Hospital reported $975,547,466 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Baptist Memorial Hospital's spending goes to programs?
- Baptist Memorial Hospital spends about 95% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Baptist Memorial Hospital have?
- CharityIndex grades Baptist Memorial Hospital A, based on program efficiency and fundraising cost.
- How much does Baptist Memorial Hospital's highest-paid employee make?
- The highest reported compensation on Baptist Memorial Hospital's latest Form 990 is $587,662, paid to Osama Mahmoud (Physician).
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Data for Baptist Memorial Hospital (EIN 62-0123940) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.