BAPTIST MEMORIAL MEDICAL GROUP INC
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 | $264,177,015 | $309,691,474 | -$461,476,848 |
| FY2024 | $241,030,368 | $278,066,090 | -$415,962,389 |
| FY2023 | $241,599,300 | $269,404,852 | -$379,993,329 |
| FY2022 | $216,980,804 | $246,675,891 | -$333,454,498 |
| FY2021 | $232,152,357 | $248,372,464 | -$303,755,698 |
| FY2020 | $187,701,783 | $216,319,797 | -$287,408,822 |
| FY2019 | $187,465,893 | $215,584,435 | -$166,192,277 |
| FY2018 | $161,509,803 | $198,530,109 | -$137,936,374 |
| FY2017 | $123,892,854 | $154,672,771 | -$100,554,285 |
| FY2016 | $108,521,051 | $129,442,952 | -$69,722,482 |
| FY2015 | $100,097,969 | $123,089,460 | -$49,563,263 |
| FY2014 | $126,049,354 | $129,279,757 | -$26,283,431 |
| FY2013 | $43,933,805 | $111,232,483 | -$26,324,186 |
| FY2012 | $39,488,599 | $75,951,352 | $3,247,423 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $209,821 | 0% |
| Program service revenue | $265,464,710 | 100% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $250,856,955 | 81% |
| Management & general | $58,834,519 | 19% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 100% of total revenue in FY2025.
- Program services accounted for 81% of functional expenses, management & general 19%, and fundraising 0%.
- 81% of functional expenses went to program services in FY2025. That is higher than 19.5% of 77 Health Care organizations in TN.
- Net assets covered about -17.9 months of expenses at the end of the reporting year. That puts it in the 4th percentile among 357 Health Care organizations in TN.
- Total revenue was higher than 96.7% of 365 Health Care organizations in TN.
- Total revenue rose from $39,488,599 in FY2012 to $264,177,015 in FY2025, Revenue increased in 10 and decreased in 3 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 14 of 14 reported years (FY2012, FY2013, FY2014, FY2015, FY2016, FY2017, FY2018, FY2019, FY2020, FY2021, FY2022, FY2023, FY2024, FY2025).
- Net assets declined from $3,247,423 to -$461,476,848 between FY2012 and FY2025.
- Donations are generally tax-deductible (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 MEDICAL GROUP, INC. IS A PROVIDER OF AMBULATORY HOSPITAL SERVICES IN SUPPORT OF ITS MISSION OF PROVIDING HEALTH CARE TO THE COMMUNITY. BAPTIST MEMORIAL MEDICAL GROUP, INC. PROVIDES DIRECT PRIMARY CARE MEDICAL SERVICES THROUGH ITS EMPLOYED MEDICAL PROVIDERS.
IRS status
| Ruling year | 1997 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | E32Z — Health Care (in TN) |
| Donations | Donations are generally tax-deductible (public charity). |
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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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