Methodist Healthcare-memphis
94% goes to programs $0 to raise $100
Methodist Healthcare-memphis is a 501(c)(3) organization based in Memphis, Tennessee, registered in 1935, with $1,968,551,184 in FY2024 revenue. CharityIndex grades it B+, and it directs about 94% of spending to programs.
1211 Union Ave Suite 900, Memphis, TN, 38104 EIN 62-0479367 Since 1935
Revenue (FY2024)
$2.0B
▲ 1.6% vs prior year
Health median: $840K
Expenses (FY2024)
$2.2B
Net assets
$768.1M
Employees
11,899
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →A+Program efficiency40% of the rating94% 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 Methodist Healthcare-memphis: 94% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
C+Financial health25% of the rating4 mo reserves · -11% 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 Methodist Healthcare-memphis: 4 mo reserves · -11% margin earns a C+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 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 Methodist Healthcare-memphis: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 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 Methodist Healthcare-memphis: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Methodist healthcare-memphis hospitals, in partnership with its medical staff, is the premier, comprehensive healthcare provider serving patients and families in its surrounding communities. high quality, patient and family-centered care is provided in a personalized environment.
What they do
Please see our extended description of program service accomplishments in schedule o.in addition, please visit our website for a posting of the most current community benefit report at: https://www.methodisthealth.org/about-us/our-culture/community-impact/
Contact & location
- Address
- 1211 Union Ave Suite 900, Memphis, TN, 38104
- City
- Memphis
- State
- Tennessee
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $1.7B (FY2013) to $2.0B (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $472.0MNet assets $768.1M
Operating margin
-11.1%
Spent more than it raised in the latest fiscal year.
Total assets
$1.2B
Total liabilities
$472.0M
Net assets
$768.1M
Salaries & benefits
$831.9M
38% of expenses
Board members
14
13 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,968,551,184▲1.6% | $2,187,722,738▲8.0% | $768,138,144▼19.7% | $1,240,178,136▲19.6% | 990 |
| 2023 | $1,936,900,010▲2.2% | $2,024,744,712▲1.6% | $956,107,871▲6.8% | $1,037,190,692▼0.6% | 990 |
| 2022 | $1,895,025,192▼1.3% | $1,992,705,875▲6.0% | $894,844,355▲8.4% | $1,043,753,923▼2.8% | 990 |
| 2021 | $1,919,877,386▼1.0% | $1,880,543,780 | $825,161,771▲3.8% | $1,074,364,517▼4.9% | 990 |
| 2020 | $1,938,916,359▼4.0% | $1,879,660,656▼2.2% | $794,810,650▼25.0% | $1,129,182,292▼5.1% | 990 |
| 2019 | $2,020,366,342▼9.5% | $1,922,525,375▼8.0% | $1,059,166,510▼3.7% | $1,189,961,166▼5.2% | 990 |
| 2018 | $2,232,575,542▲6.3% | $2,088,692,647▲4.4% | $1,100,190,925▲11.6% | $1,255,488,800▲10.2% | 990 |
| 2017 | $2,101,135,467▲6.0% | $1,999,842,919▲5.7% | $985,500,888▲7.6% | $1,139,677,829▲6.0% | 990 |
| 2016 | $1,982,013,917▲3.6% | $1,891,694,026▲7.9% | $915,975,799▲5.4% | $1,075,214,972▲7.2% | 990 |
| 2015 | $1,913,568,462▲11.4% | $1,752,718,149▲7.5% | $868,938,567▲8.8% | $1,002,906,833▲3.6% | 990 |
| 2014 | $1,718,123,526▲3.1% | $1,629,919,122▲3.6% | $798,529,152▼2.7% | $967,666,960▲1.5% | 990 |
| 2013 | $1,665,787,805 | $1,573,905,234▲6.2% | $820,585,137▲3.8% | $953,093,157▲4.0% | 990 |
| 2012 | — | $1,482,140,658▲16.6% | $790,902,329▼2.9% | $916,081,976▼0.4% | 990 |
| 2011 | — | $1,271,124,920▲9.2% | $814,183,593▲2.2% | $920,044,201▲1.2% | 990 |
| 2010 | — | $1,164,300,048 | $796,500,001 | $908,931,542 | 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 (FY2024)
Highest-paid: Bruce Jones — $1,282,301 (0.06% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Bruce Jones | Physician | 40 | $1,282,301 |
| Yehoshua Levine | Physician | 40 | $1,225,646 |
| Shailesh Patel | Physician | 40 | $1,203,175 |
| Sushant Khaire | Physician | 40 | $1,083,012 |
| Ehtesham Ul Haq | Physician | 40 | $1,012,931 |
| Rebecca Cullison | Svp - President Germantown | 40 | $648,500 |
| Timothy Slocum | Svp - President University | 40 | $569,353 |
| Florence Jones | Svp - President North | 40 | $504,132 |
| Cassandra Howard | Cmo - Germantown | 40 | $446,509 |
| Amit Prasad | Cmo of South/north | 40 | $395,602 |
| Ocpivia Stafford | Svp - President South | 40 | $368,331 |
| Cato Johnson | Svp/chief of Staff/pub Po | 2 | — |
| Charles Lane | Svp/chief Financial Officer | 2 | — |
| Christopher Winston | Board Director | 2 | — |
| David Baytos | Svp/president/ms/internat | 2 | — |
| Edith Kelly-green | Board Director | 2 | — |
| Greg Christopher | Board Director | 2 | — |
| Harry Goldsmith | Board Director | 2 | — |
| John H Petty III | Board Director | 2 | — |
| Kathleen Forbes | Former Svp/chief Academic Office | 2 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| 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 |
Grants received · $229K total
4 grants to Methodist Healthcare-memphis totaling $229K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Ayco Charitable Foundation | Medical | 2019 | $6,400 |
| Vanderbilt University Medical Center | Research | 2016 | $5,040 |
| St Jude Childrens Research Hospital Inc | Provide equipment | 2015 | $9,419 |
| Patient Access Network Foundation | Patient assistance | 2014 | $208,163 |
Grants made · $215K in FY2019
1 grant totaling $215K in FY2019. All grants made by Methodist Healthcare-memphis →
| Recipient | Purpose | Amount |
|---|---|---|
| Methodist Le Bonheur Community Outreach | Operational support | $215,252 |
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Compare Methodist Healthcare-memphis
Frequently asked questions
- Is Methodist Healthcare-memphis a legitimate nonprofit?
- Yes. Methodist Healthcare-memphis is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 62-0479367, based in Memphis, Tennessee. Donations are tax-deductible.
- What is Methodist Healthcare-memphis's EIN?
- Methodist Healthcare-memphis's Employer Identification Number (EIN) is 62-0479367.
- How much revenue does Methodist Healthcare-memphis report?
- Methodist Healthcare-memphis reported $1,968,551,184 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Methodist Healthcare-memphis's spending goes to programs?
- Methodist Healthcare-memphis spends about 94% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Methodist Healthcare-memphis have?
- CharityIndex grades Methodist Healthcare-memphis B+, based on program efficiency and fundraising cost.
- How much does Methodist Healthcare-memphis's highest-paid employee make?
- The highest reported compensation on Methodist Healthcare-memphis's latest Form 990 is $1,282,301, paid to Bruce Jones (Physician).
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Explore more
Data for Methodist Healthcare-memphis (EIN 62-0479367) 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.