Morehouse School of Medicine Inc
67% goes to programs $3 to raise $100 Strong reserves
Morehouse School of Medicine Inc is a 501(c)(3) organization based in Atlanta, Georgia, registered in 1981, with $318,398,057 in FY2024 revenue. CharityIndex grades it A, and it directs about 67% of spending to programs.
720 Westview Dr Sw, Atlanta, GA, 30310 EIN 58-1438873 Since 1981
Revenue (FY2024)
$318.4M
▲ 18.2% vs prior year
Education median: $200K
Expenses (FY2024)
$286.3M
Net assets
$361.3M
Employees
1,628
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
BProgram efficiency40% of the rating67% to programs · $3 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 Morehouse School of Medicine Inc: 67% to programs · $3 to raise $100 earns a B on this criterion. See the exact thresholds →
AFinancial health25% of the rating15 mo reserves · +10% 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 Morehouse School of Medicine Inc: 15 mo reserves · +10% margin earns a A 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 Morehouse School of Medicine Inc: 6 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 Morehouse School of Medicine Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
See part iii line 1 for mission and schedule o for most significant activities.
Contact & location
- Address
- 720 Westview Dr Sw, Atlanta, GA, 30310
- City
- Atlanta
- State
- Georgia
- Category
- Education
- Subcategory
- Graduate & Professional Schools
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $142.9M (FY2013) to $318.4M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $114.8MNet assets $361.3M
Operating margin
10.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$476.1M
Total liabilities
$114.8M
Net assets
$361.3M
Salaries & benefits
$192.3M
67% of expenses
Board members
20
19 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $318,398,057▲18.2% | $286,254,988▲11.0% | $361,309,860▲12.5% | $476,068,203▲13.9% | 990 |
| 2023 | $269,293,722▲1.9% | $257,852,939▲5.3% | $321,161,810▲6.6% | $418,105,590▲9.9% | 990 |
| 2022 | $264,329,850▼5.1% | $244,794,417▲10.9% | $301,161,520▲9.0% | $380,377,100▲5.1% | 990 |
| 2021 | $278,498,387▲16.8% | $220,739,840▼4.3% | $276,340,819▲11.3% | $361,935,866▲16.9% | 990 |
| 2020 | $238,437,770▲52.3% | $230,576,004▲41.7% | $248,248,932▲40.0% | $309,649,491▲33.0% | 990 |
| 2019 | $156,540,633▲4.0% | $162,675,900▼1.3% | $177,361,405▼4.4% | $232,828,488▼3.7% | 990 |
| 2018 | $150,507,472▲3.7% | $164,834,160▲9.3% | $185,579,190▼3.8% | $241,727,982▲3.0% | 990 |
| 2017 | $145,159,981▲1.5% | $150,793,272▲1.2% | $192,992,159▲0.3% | $234,788,464▲4.9% | 990 |
| 2016 | $143,003,271▼21.3% | $148,981,986▲2.3% | $192,479,381▲2.7% | $223,780,263▲2.9% | 990 |
| 2015 | $181,645,114▲29.2% | $145,653,528▲6.7% | $187,383,222▲25.0% | $217,381,182▲20.5% | 990 |
| 2014 | $140,553,137▼1.6% | $136,516,836▲5.1% | $149,929,086▼1.4% | $180,411,081▼1.3% | 990 |
| 2013 | $142,855,501 | $129,896,797▼9.8% | $152,011,213▲0.9% | $182,771,532▲7.2% | 990 |
| 2012 | — | $144,074,643▲7.6% | $150,626,902▲4.4% | $170,553,875▼3.0% | 990 |
| 2011 | — | $133,933,547▲8.0% | $144,241,288▼1.6% | $175,749,971▼1.4% | 990 |
| 2010 | — | $123,961,624 | $146,643,382 | $178,248,446 | 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: Valerie Montgomery Rice Md — $1,310,000 (0.46% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Valerie Montgomery Rice Md | President & Ceo | 37.5 | $1,310,000 |
| Joseph Adrian Tyndall Md | Evp Health Affairs & Dean | 37.5 | $665,000 |
| John H Stewart Md | Professor and Chairperson | 37.5 | $615,000 |
| Roland Matthews Md | Professor and Chair Ob Gyn | 37.5 | $547,195 |
| Valentine Nfonsam Md | Professor and Vice Chair Surgery | 37.5 | $543,606 |
| Ed Childs Md | Professor of Surgery | 37.5 | $500,000 |
| Errol D Crook Md | Chief Medical Officer.sr Assoc Dean | 37.5 | $500,000 |
| Patrica Ayoung-chee Md | Associate Professor of Surgery | 37.5 | $499,513 |
| Walter L Douglas | Evp Ops & Bus Affairs | 37.5 | $446,658 |
| Dr Richard H Snyder Md | Prof and Chair Internal Medicine | 37.5 | $442,685 |
| Ricky A Kittles Phd | Prof. and Sr Vice President For Research | 37.5 | $436,390 |
| Michael A Rambert | Svp & General Counsel | 37.5 | $399,107 |
| Sandra Harris-hooker Phd | Prof & Svp Innovation | 37.5 | $394,215 |
| Katherine Napier Phd | Svp Finance & Cfo | 37.5 | $385,560 |
| Kandy Ferree | Svp Oia | 37.5 | $385,050 |
| Dorian Harriston | Svp & Chief Marketing Officer | 37.5 | $366,900 |
| Cynthia D Lubitz | Chief People Officer | 37.5 | $366,568 |
| Aaron Dent | Trustee | 0.5 | — |
| Arthur R Collins | Chairman of the Board | 0.5 | — |
| Bonzo Reddick | Trustee | 0.5 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Dpr Hardin Construction | Construction | $6,557,512 |
| 451 Lee Street Properties Kc LLC | Rental | $1,769,428 |
| Baker Donelson Bearman Caldwell & Berkowitz Inc | Legal | $1,257,134 |
| Tressa Tucker and Associates LLC | Consulting | $941,577 |
| 50 Hurt LLC | Rental | $940,683 |
Grants received · $292.9M total
230 grants to Morehouse School of Medicine Inc totaling $292.9M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Grady Memorial Hospital Corporation | Residency program support | 2024 | $16,134,785 |
| University of Miami | Research | 2024 | $536,091 |
| Charities Aid Foundation America | Charitable donation | 2024 | $296,367 |
| American Medical Association | Health equity advocacy and leadership fellowship | 2024 | $292,500 |
| Thdf II Inc | To assist local charities | 2024 | $250,000 |
| American Online Giving Foundation Inc | General support | 2024 | $229,298 |
| Philadelphia Foundation | Investigating the genetic and social determinants of t2dn resilience | 2024 | $100,000 |
| New York Genome Center Inc | Research subaward | 2024 | $95,176 |
| American Diabetes Association Inc | Postdoctoral fellowship | 2024 | $74,356 |
| The Community Foundation For Greater Atlanta Inc | Human services | 2024 | $37,500 |
| Magee-womens Research Institute and Foundation | Biomedical research | 2024 | $26,045 |
| American Medical Association | Innovation groundwork teams grant to improve medical education | 2024 | $25,000 |
| AARP | General support | 2024 | $25,000 |
| Parkinsons Foundation Inc | Clinical research | 2024 | $22,400 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $20,000 |
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Compare Morehouse School of Medicine Inc
Frequently asked questions
- Is Morehouse School of Medicine Inc a legitimate nonprofit?
- Yes. Morehouse School of Medicine Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 58-1438873, based in Atlanta, Georgia. Donations are tax-deductible.
- What is Morehouse School of Medicine Inc's EIN?
- Morehouse School of Medicine Inc's Employer Identification Number (EIN) is 58-1438873.
- How much revenue does Morehouse School of Medicine Inc report?
- Morehouse School of Medicine Inc reported $318,398,057 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Morehouse School of Medicine Inc's spending goes to programs?
- Morehouse School of Medicine Inc spends about 67% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Morehouse School of Medicine Inc have?
- CharityIndex grades Morehouse School of Medicine Inc A, based on program efficiency and fundraising cost.
- How much does Morehouse School of Medicine Inc's highest-paid employee make?
- The highest reported compensation on Morehouse School of Medicine Inc's latest Form 990 is $1,310,000, paid to Valerie Montgomery Rice Md (President & Ceo).
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Data for Morehouse School of Medicine Inc (EIN 58-1438873) 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.