Baptist Memorial Health Care Foundation
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 | $66,415,217 | $19,498,939 | $783,862,115 |
| FY2024 | $47,466,152 | $19,681,578 | $727,172,977 |
| FY2023 | $67,196,840 | $18,934,844 | $597,690,752 |
| FY2022 | $72,062,339 | $16,753,690 | $539,021,654 |
| FY2021 | $54,101,503 | $15,974,120 | $672,960,105 |
| FY2020 | $43,129,858 | $14,975,151 | $561,682,915 |
| FY2019 | $47,981,896 | $11,458,602 | $552,248,471 |
| FY2018 | $42,810,429 | $13,099,860 | $507,304,008 |
| FY2017 | $43,598,575 | $13,742,150 | $470,826,707 |
| FY2016 | $31,634,837 | $16,188,092 | $425,789,935 |
| FY2015 | $43,625,414 | $15,649,599 | $377,896,831 |
| FY2014 | $44,535,439 | $11,020,103 | $385,175,125 |
| FY2013 | $46,818,151 | $13,443,399 | $343,354,959 |
| FY2012 | $38,734,573 | $11,387,370 | $303,083,158 |
Form 990 filings
The returns filed by Baptist Memorial Health Care Foundation (EIN 58-1544781), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $12,532,997 | 19% |
| Program service revenue | $0 | 0% |
| Other revenue | $53,882,220 | 81% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $17,511,955 | 90% |
| Management & general | $1,632,108 | 8% |
| Fundraising | $354,876 | 2% |
What the numbers show
- Other revenue made up 81% of total revenue in FY2025.
- Program services accounted for 90% of functional expenses, management & general 8%, and fundraising 2%.
- 90% of functional expenses went to program services in FY2025. That is higher than 58.4% of 77 Health Care organizations in TN.
- Net assets covered about 482.4 months of expenses at the end of the reporting year. That puts it in the 99th percentile among 357 Health Care organizations in TN.
- Total revenue was higher than 89.9% of 365 Health Care organizations in TN.
- Total revenue rose from $38,734,573 in FY2012 to $66,415,217 in FY2025. Revenue increased in 6 and decreased in 7 of 13 year-over-year comparisons.
- Revenue covered expenses in each of the 14 reported years, FY2012 to FY2025.
- The highest revenue on record here is $72,062,339 in FY2022.
- Net assets grew from $303,083,158 to $783,862,115 between FY2012 and FY2025.
- Contributions and grants made up 11% of revenue in FY2012 and 19% in FY2025.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
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 FOUNDATION, INC.'S PRIMARY MISSION IS TO SOLICIT AND RECEIVE CONTRIBUTIONS, GIFTS, GRANTS, DEVISES, OR BEQUESTS OF REAL AND/OR PERSONAL PROPERTY FROM INDIVIDUALS, FOUNDATIONS, PARTNERSHIPS, ASSOCIATIONS, GOVERNMENTAL BODIES, PUBLIC AND/OR PRIVATE CORPORATIONS AND TO
IRS status
| Ruling year | 1984 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | E110 — Health Care (in TN) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 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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