BAPTIST MEMORIAL HEALTH CARE CORPORATION
350 N HUMPHREYS BLVD, MEMPHIS, TN · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $397,014,555 | $425,208,064 | $1,076,240,641 |
| FY2024 | $351,245,580 | $378,265,860 | $1,108,637,067 |
| FY2023 | $280,996,342 | $319,820,836 | $1,110,902,700 |
| FY2022 | $278,710,064 | $304,295,025 | $1,112,944,889 |
| FY2021 | $249,640,612 | $307,295,475 | $1,172,746,184 |
| FY2020 | $251,637,835 | $295,498,745 | $1,155,222,476 |
| FY2019 | $230,714,665 | $259,306,587 | $1,187,130,592 |
| FY2018 | $240,166,308 | $248,443,088 | $1,229,792,335 |
| FY2017 | $601,787,973 | $228,347,796 | $1,232,982,321 |
| FY2016 | $222,515,250 | $214,707,137 | $855,652,447 |
| FY2015 | $199,503,904 | $209,472,832 | $541,216,344 |
| FY2014 | $239,279,050 | $272,191,517 | $503,893,031 |
| FY2013 | $178,797,861 | $179,605,462 | $398,392,288 |
| FY2012 | $161,876,005 | $160,530,202 | $319,701,884 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $2,050,624 | 1% |
| Program service revenue | $365,078,988 | 99% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $410,738,030 | 97% |
| Management & general | $14,470,034 | 3% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 99% of total revenue in FY2025.
- Program services accounted for 97% of functional expenses, management & general 3%, and fundraising 0%.
- 97% of functional expenses went to program services in FY2025. That is higher than 80.5% of 77 Health Care organizations in TN.
- Net assets covered about 30.4 months of expenses at the end of the reporting year. That puts it in the 70th percentile among 357 Health Care organizations in TN.
- Total revenue was higher than 97.3% of 365 Health Care organizations in TN.
- Total revenue rose from $161,876,005 in FY2012 to $397,014,555 in FY2025, Revenue increased in 9 and decreased in 4 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 11 of 14 reported years (FY2013, FY2014, FY2015, FY2018, FY2019, FY2020, FY2021, FY2022, FY2023, FY2024, FY2025).
- The highest revenue on record here is $601,787,973 in FY2017.
- Net assets grew from $319,701,884 to $1,076,240,641 between FY2012 and FY2025.
- Donations may be deductible (supporting organization, type unspecified).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
BAPTIST MEMORIAL HEALTH CARE CORPORATION IS THE SOLE MEMBER OF A NUMBER OF HOSPITALS AND PHYSICIAN PRACTICES IN WEST TENNESSEE, NORTH AND CENTRAL MISSISSIPPI, AND EAST ARKANSAS.
IRS status
| Ruling year | 1983 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | E210 — Health Care (in TN) |
| Donations | Donations may be deductible (supporting organization, type unspecified). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded September 20, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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