Methodist Healthcare-Olive Branch Hospital
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 | $110,204,871 | $113,344,271 | $79,449,657 |
| FY2023 | $106,100,300 | $110,763,881 | $84,846,938 |
| FY2022 | $92,240,588 | $103,997,833 | $89,388,287 |
| FY2021 | $102,530,869 | $96,755,333 | $85,277,186 |
| FY2020 | $87,476,245 | $86,642,925 | $77,160,233 |
| FY2019 | $88,501,273 | $89,866,961 | $86,945,478 |
| FY2018 | $81,565,529 | $80,964,513 | $90,145,017 |
| FY2017 | $72,308,916 | $76,501,790 | $92,363,150 |
| FY2016 | $66,743,122 | $69,190,474 | $97,087,045 |
| FY2015 | $52,723,912 | $58,098,850 | $102,644,607 |
| FY2014 | $39,826,773 | $48,735,141 | $102,114,084 |
| FY2013 | $8,793,663 | $15,977,841 | $95,007,198 |
Form 990 filings
The returns filed by Methodist Healthcare-Olive Branch Hospital (EIN 64-0889822), 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 | $0 | 0% |
| Program service revenue | $109,835,647 | 100% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $104,786,846 | 92% |
| Management & general | $8,557,425 | 8% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 100% of total revenue in FY2024.
- Program services accounted for 92% of functional expenses, management & general 8%, and fundraising 0%.
- 92% of functional expenses went to program services in FY2024. That is higher than 66.2% of 77 Health Care organizations in TN.
- Net assets covered about 8.4 months of expenses at the end of the reporting year. That puts it in the 38th percentile among 357 Health Care organizations in TN.
- Total revenue was higher than 93.2% of 365 Health Care organizations in TN.
- Total revenue rose from $8,793,663 in FY2013 to $110,204,871 in FY2024. Revenue increased in 9 and decreased in 2 of 11 year-over-year comparisons.
- Expenses exceeded revenue in 9 of 12 reported years (FY2013, FY2014, FY2015, FY2016, FY2017, FY2019, FY2022, FY2023, FY2024).
- Net assets declined from $95,007,198 to $79,449,657 between FY2013 and FY2024.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
- The IRS automatically revoked this organization's tax-exempt status on May 15, 2010; it was reinstated on April 15, 2013.
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
100 BED HOSPITAL PROVIDING HEALTHCARE SERVICES TO DESOTO COUNTY AND THE SURROUNDING AREAS.
IRS status
| Ruling year | 2014 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | E22 — Health Care (in TN) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
| Automatic revocation | May 15, 2010 — reinstated April 15, 2013 |
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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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