Charity Search / BAPTIST MEMORIAL HEALTH CARE CORPORATION
Health Care (E210) 990 on File

BAPTIST MEMORIAL HEALTH CARE CORPORATION

EIN: 58-1521475 · MEMPHIS, TN 38120-2177 · United States · FY 2024 Data
3 out of 5 55 / 100 Based on 2+ years of filings
Financial strength (30%) 72/100
Reliability (20%) 55/100
Effectiveness (25%) 88/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$351.2M
Total Revenue
$378.3M
Total Expenses
$1108.6M
Net Assets
1783
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 96.5%
Fundraising Efficiency N/A
Operating Reserve 35.17x
Liability-to-Asset 34.1%
Revenue Diversification 80.1%
Executive Compensation $29.1M
Compared with Peers
FY 2024
Compared with 938 similar organizations (United States, Health Care, $100M and over in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
96.5% 87.7%
P10P90
Top quarter
Admin expense ratio
Management and general / total expenses · lower is better
3.5% 12.3%
P10P90
Top quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.0%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
35.2 mo 6.1 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
34.1% 44.5%
P10P90
Above median
Revenue concentration
Share of revenue from the largest source · lower is better
80.1% 96.4%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
25.0% 9.1%
P10P90
Expense growth
Year over year expense growth
18.3% 7.8%
P10P90
Surplus margin
Surplus as a share of revenue
-7.7% 2.5%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $351.2M $378.3M $1108.6M 96.5% 1783
2023 $281.0M $319.8M $1110.9M 95.1% 1821
2022 $278.7M $304.3M $1112.9M 95.6% 1748
2021 $249.6M $307.3M N/A 1583
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Organization Details
EIN
58-1521475
State
TN
City
MEMPHIS
ZIP
38120-2177
Classification
E210
Category
Health Care
Rating
3★
Coverage
A
Last Updated
Sep 2026
Form 990
On File
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