Memorial Hermann Foundation
Analysis
Memorial Hermann Foundation is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in June 2026. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Memorial Hermann Foundation reported income of $48.7m and spending of $30.2m, leaving 38% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $22.7m to $48.7m (+115%), an average of +21% a year. The sharpest change came in the year to June 2023, when income rose by 79%. Over the whole period it spent 76% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Memorial Hermann Foundation sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within TX. Charities of a similar size with the same main cause include Rural Health Group Inc ($48.7m), Baycare Behavioral Health Inc ($48.7m) and Unity Care Northwest ($48.7m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 76% of the total. Other salaries and wages came to $3.3m. At year end it held assets of $158.6m against liabilities of $1.8m, net assets of $156.9m.
Income and spending
Where the income comes from
- Contributions & grants 76%
- Other 24%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Rural Health Group Inc | Roanoke Rapid | $48.7m |
| Baycare Behavioral Health Inc | New PRT Rchy | $48.7m |
| Unity Care Northwest | Bellingham | $48.7m |
| Childrens Hospital Anesthesia Corporation | New Orleans | $48.7m |