Methodist Hospital

Analysis

Methodist Hospital is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in September 2010, 16 years ago. 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 December 2023, Methodist Hospital reported income of $97.2m and spending of $50.0m, leaving 49% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $82.7m to $97.2m (+17%), an average of +4.1% a year. The sharpest change came in the year to December 2021, when income rose by 51%. Over the whole period it spent 44% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Methodist Hospital sits at the 95th percentile: it is larger than about 95% 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 Lawrence Medical Associates PC ($96.9m), Labette County Medical Center ($97.3m) and Memorial Hermann Hospital Based Physician Group ($96.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% of the total. At year end it held assets of $900.7m against liabilities of $1.2m, net assets of $899.6m.