Health Care (E110) IRS Verified DX Registered 990 on File

BAPTIST MEMORIAL HEALTH CARE FOUNDATION

EIN: 58-1544781 · MEMPHIS, TN 38120-2177 · United States · FY 2024 Data

3 out of 5 50 / 100 Based on 2+ years of filings

Financial strength (30%) 64/100

Reliability (20%) 55/100

Effectiveness (25%) 81/100

Impact (25%) No data yet

Financial data: FY 2024 · Scored 9/13/2026

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CharityAI™ Score

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Mission Statement

Baptist Memorial Health Care Foundation supports the Baptist Memorial Health Care System, which provides excellent care to patients in Tennessee, Arkansas and Mississippi. We partner together, to develop the advancement of patient care, addressing current health issues, helping those most in need, and molding new generations of health care professionals. Building on a 103-year tradition of providing award winning care for patients from birth to the end of life, our passion is to raise funds and awareness for projects and services that encourage healthy behaviors and provide excellent health care for each of our patients and families. Our Baptist mission motivates our compassion, and strengthens our ability to reach above and beyond, and to truly transform what it means to be a heath care provider, while honoring our vision of the three-fold ministry of Christ - healing, preaching and teaching.

Financial Overview — FY 2024

$47.5M

Total Revenue

$19.7M

Total Expenses

$727.2M

Net Assets

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 90.1%

Fundraising Efficiency 950.0%

Operating Reserve 443.36x

Liability-to-Asset 1.4%

Revenue Diversification 77.3%

Executive Compensation $364K

Compared with Peers

FY 2024

Compared with 2,013 similar organizations (United States, Health Care, $10M–$100M 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	90.1%	84.6%	P10P90	Above median
Admin expense ratio Management and general / total expenses · lower is better	7.8%	14.6%	P10P90	Top quarter
Fundraising expense ratio Fundraising expenses / total expenses · lower is better	2.1%	0.0%	P10P90	Bottom quarter
Fundraising efficiency Fundraising expenses / gross fundraising income · lower is better	950.0%	270.7%	P10P90	Bottom quarter
Operating reserve Months of expenses covered by net assets · higher is better	443.4 mo	6.8 mo	P10P90	Top quarter
Liabilities to assets Total liabilities / total assets · lower is better	1.4%	35.3%	P10P90	Top quarter
Revenue concentration Share of revenue from the largest source · lower is better	77.3%	92.5%	P10P90	Above median
Revenue growth Year over year revenue growth	-29.4%	7.3%	P10P90
Expense growth Year over year expense growth	3.9%	7.7%	P10P90
Surplus margin Surplus as a share of revenue	58.5%	1.0%	P10P90

Financial History

Year	Revenue	Expenses	Net Assets	Program %	Staff
2024	$47.5M	$19.7M	$727.2M	90.1%	11
2023	$67.2M	$18.9M	$597.7M	90.3%	12
2022	$72.1M	$16.8M	$539.0M	87.9%	16
2021	$54.1M	$16.0M	N/A	—	11

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Organization Details

EIN: 58-1544781
State: TN
City: MEMPHIS
ZIP: 38120-2177
Classification: E110
Category: Health Care
Rating: 3★
Coverage: A
Last Updated: Aug 2026
Foundation Code: 15
Form 990: On File

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

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