Methodist Healthcare-Memphis
1211 Union Ave Suite 900, Memphis, TN · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $1,968,551,184 | $2,187,722,738 | $768,138,144 |
| FY2023 | $1,936,900,010 | $2,024,744,712 | $956,107,871 |
| FY2022 | $1,895,025,192 | $1,992,705,875 | $894,844,355 |
| FY2021 | $1,919,877,386 | $1,880,543,780 | $825,161,771 |
| FY2020 | $1,938,916,359 | $1,879,660,656 | $794,810,650 |
| FY2019 | $2,020,366,342 | $1,922,525,375 | $1,059,166,510 |
| FY2018 | $2,232,575,542 | $2,088,692,647 | $1,100,190,925 |
| FY2017 | $2,101,135,467 | $1,999,842,919 | $985,500,888 |
| FY2016 | $1,982,013,917 | $1,891,694,026 | $915,975,799 |
| FY2015 | $1,913,568,462 | $1,752,718,149 | $868,938,567 |
| FY2014 | $1,718,123,526 | $1,629,919,122 | $798,529,152 |
| FY2013 | $1,665,787,805 | $1,573,905,234 | $820,585,137 |
| FY2012 | $1,564,644,728 | $1,482,140,658 | $790,902,329 |
| FY2011 | $1,339,545,048 | $1,271,124,920 | $814,183,593 |
Form 990 filings
The returns filed by Methodist Healthcare-Memphis (EIN 62-0479367), 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 | $7,924,369 | <1% |
| Program service revenue | $1,910,707,279 | 97% |
| Other revenue | $49,919,536 | 3% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $2,047,701,058 | 94% |
| Management & general | $140,021,680 | 6% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 97% of total revenue in FY2024.
- Program services accounted for 94% of functional expenses, management & general 6%, and fundraising 0%.
- 94% of functional expenses went to program services in FY2024. That is higher than 70.1% of 77 Health Care organizations in TN.
- Net assets covered about 4.2 months of expenses at the end of the reporting year. That puts it in the 24th percentile among 357 Health Care organizations in TN.
- Total revenue was the highest among 365 Health Care organizations in TN.
- Total revenue rose from $1,339,545,048 in FY2011 to $1,968,551,184 in FY2024. Revenue increased in 9 and decreased in 4 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 3 of 14 reported years (FY2022, FY2023, FY2024).
- The highest revenue on record here is $2,232,575,542 in FY2018.
- Net assets declined from $814,183,593 to $768,138,144 between FY2011 and FY2024.
- 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
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.
IRS status
| Ruling year | 1935 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | E200 — Health Care (in TN) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
Similar organizations
- St Jude Childrens Research Hospital Inc — Memphis, TN · $2,208,853,162
- University Health System Inc — Knoxville, TN · $1,624,770,137
- Mountain States Health Alliance — Johnson City, TN · $1,307,839,695
- Baptist Memorial Hospital — Memphis, TN · $1,120,858,064
- Wellmont Health System — Johnson City, TN · $933,212,443
- Shelby County Health Care Corporation — Memphis, TN · $809,133,452
- Dialysis Clinic Inc — Nashville, TN · $705,801,265
- Baptist Memorial Hospital Tipton — Covington, TN · $487,779,550
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.
Think something here is wrong or should be removed? Use the contact form — we act on removal requests within 30 days.