Nonprofit · EIN 74-1180155
THE METHODIST HOSPITAL
Tax-exempt · HOUSTON, TX 77030
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $3,595,725,127 | $3,282,593,264 | $313,131,863 | $11,855,424,448 | $3,398,893,808 | $8,456,530,640 |
| December 31, 2023 | 990 | $3,273,307,774 | $3,027,273,455 | $246,034,319 | $10,941,447,664 | $3,369,396,323 | $7,572,051,341 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $83,646,813
- of which government grants
- $18,913,992
- Program service revenue
- $3,258,404,725
- Investment income
- $144,562,289
- Royalties
- $1
- Net rental income
- $426,850
- Net gain from sales of assets
- -$109,543,624
- Other revenue
- $109,111,300
Expenses
- Grants and similar amounts paid
- $12,681,413
- Compensation of officers, directors and key employees
- $22,833,172
- Other salaries and wages
- $877,113,978
- Salaries, compensation and benefits (total)
- $1,226,266,750
- Professional fundraising fees
- $0
- Legal fees
- $14,995,652
- Accounting fees
- $712,000
- Occupancy
- $30,157,001
- Travel
- $4,268,915
- Depreciation
- $144,450,155
- Program services (functional)
- $2,803,454,299
- Management and general (functional)
- $479,138,965
Balance sheet and other
- Total assets, start of year
- $10,941,447,664
- Total assets, end of year
- $11,855,424,448
- Total liabilities, end of year
- $3,398,893,808
- Net assets, end of year
- $8,456,530,640
- Land, buildings and equipment
- $1,815,546,238
- Publicly traded securities
- $8,151,793,071
- Net assets without donor restrictions
- $8,456,530,640
- Gross unrelated business income
- $301,142
- Gross receipts
- $9,886,133,360
- Employees
- 14,260
- Volunteers
- 812
- Year formed
- 1946
- State of legal domicile
- TX
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| SEVEN KEY EMPLOYEES-SEE METHODIST | HOSPITAL GROUP RETURN-SCHE Key employee | 40.71 | $8,983,794 | $0 | $1,669,425 |
| NINE OFFICERDIR-SEE METHODIST | HOSPITAL GROUP RETURN-SCHE Trustee or director, Officer | 4.67 | $7,251,200 | $0 | $1,087,378 |
| FIVE HIGHEST PAID-SEE METHODIST | HOSPITAL GROUP RETURN-SCHE Highest-paid employee | 45 | $4,781,721 | $0 | $523,096 |
| TWO OFFICER-SEE METHODIST | HOSPITAL GROUP RETURN-SCHE Officer | 21 | $3,284,602 | $0 | $378,299 |
| SEVENTEEN DIRECTORS-SEE METHODIST | HOSPITAL GROUP RETURN-SCHE Trustee or director | 2 | $178,475 | $2,225,414 | $238,291 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| NINE KEY EMPLOYEES-SEE METHODIST | HOSPITAL GROUP RETURN-SCHE Key employee | 43.11 | $11,421,809 | $0 | $1,319,953 |
| NINE OFFICERDIR-SEE METHODIST | HOSPITAL GROUP RETURN-SCHE Trustee or director, Officer | 4.89 | $6,164,141 | $0 | $975,493 |
| FOUR HIGHEST PAID-SEE METHODIST | HOSPITAL GROUP RETURN-SCHE Highest-paid employee | 43.75 | $3,828,630 | $0 | $579,860 |
| ONE OFFICER-SEE METHODIST | HOSPITAL GROUP RETURN-SCHE Officer | 24 | $2,152,714 | $0 | $277,241 |
| EIGHTEEN DIRECTORS-SEE METHODIST | HOSPITAL GROUP RETURN-SCHE Trustee or director | 2 | $209,097 | $798,600 | $43,768 |
Address and contacts
- Address (IRS master file)
- 6565 FANNIN ST GB240, HOUSTON, TX 77030-2703
- Principal officer (990 for 2024)
- MARC L BOOM MD, 6565 FANNIN ST GB 240, HOUSTON, TX 770302707
- Signed the 990
- ANTHONY C DEFURIO, EXECUTIVE VP, CFO
- Phone
- (832) 667-6160
- Website
- WWW.HOUSTONMETHODIST.ORG
- Return prepared by
- ERNST & YOUNG US LLP
Mission
TO PROVIDE HIGH QUALITY, COST-EFFECTIVE HEALTH CARE THAT DELIVERS THE BEST VALUE TO THE PEOPLE WE SERVE IN A SPIRITUAL ENVIRONMENT OF CARING IN ASSOCIATION WITH INTERNATIONALLY RECOGNIZED TEACHING AND RESEARCH.
Program accomplishments
- SEE SCHEDULE OCURRENTLY HOUSTON METHODIST HOSPITAL OPERATES 1,365 LICENSED BEDS IN ITS TEXAS MEDICAL CENTER FACILITIES. HOUSTON METHODIST HOSPITAL RECORDED 615,767 VISITS DURING 2024 WHICH WERE COMPRISED OF 467,068 OUTPATIENT VISITS, 104,328 EMERGENCY ROOM VISITS AND 44,371 INPATIENT ADMISSIONS. IT ALSO PERFORMED 15,213 INPATIENT SURGERIES AND 27,096 OUTPATIENT SURGERIES IN 2024.THE PRINCIPAL MEDICAL SERVICES AVAILABLE AT HOUSTON METHODIST HOSPITAL ARE ANESTHESIOLOGY, CARDIOVASCULAR SURGERY, ORAL & MAXILLOFACIAL-HOSPITAL DENTISTRY, DERMATOLOGY, FAMILY MEDICINE, GENERAL SURGERY, INTERNAL MEDICINE, CARDIOLOGY, CLINICAL IMMUNOLOGY, GASTROENTEROLOGY, GENERAL MEDICINE, HEMATOLOGY, HYPERTENSION TREATMENT, INFECTIOUS DISEASES, MEDICAL GENETICS, METABOLIC AND ENDOCRINE DISEASES, NUCLEAR MEDICINE, ONCOLOGY, PHARMACOLOGY, PULMONARY DISEASES, RENAL DISEASES, RHEUMATOLOGY, NEUROPHYSIOLOGY, NEUROSURGERY, OBSTETRICS AND GYNECOLOGY, OPHTHALMOLOGY, ORTHOPEDIC SURGERY, OTOLARYNGOLOGY-HEAD & NECK SURGERY, PATHOLOGY, PEDIATRICS, PHYSICAL MEDICINE AND REHABILITATION, PLASTIC SURGERY, PSYCHIATRY, RADIOLOGY, RADIOTHERAPY, AND UROLOGY. HOUSTON METHODIST HOSPITAL ALSO OFFERS A RANGE OF ADDITIONAL PATIENT SERVICES, INCLUDING AMBULATORY SURGERY, A BLOOD DONOR CENTER, A REHABILITATION CENTER, A SKILLED NURSING FACILITY, AND A BROAD RANGE OF PREVENTIVE HEALTH CARE INSTRUCTION, INCLUDING SMOKING CESSATION, STRESS MANAGEMENT, WEIGHT CONTROL, AND CARDIAC AND PULMONARY REHABILITATION.GENERAL OUTPATIENT SERVICES OFFERED BY HOUSTON METHODIST HOSPITAL INCLUDE AUDIOLOGY, SPEECH PATHOLOGY, PSYCHIATRIC SERVICES, DIAGNOSTIC CARDIOLOGY (INCLUDING NUCLEAR CARDIOLOGY, ECHOCARDIOGRAPHY, ELECTROCARDIOGRAPHY, PACEMAKER EVALUATION, AND CORONARY CATHETERIZATION), ENDOSCOPY, EMERGENCY SERVICES, GENERAL AND DIAGNOSTIC RADIOLOGY (INCLUDING FLUOROSCOPY, ULTRASOUND, MAMMOGRAPHY, MYELOGRAPHY, CT SCANNING, AND MRI), NUCLEAR MEDICINE, PATHOLOGY, PERIPHERAL VASCULAR LABORATORY, DERMATOLOGY, PHYSICAL MEDICINE, RADIOTHERAPY, SLEEP STUDIES AND NEUROPHYSIOLOGIC EVALUATIONS, AND SURGERY.HOUSTON METHODIST HOSPITAL OPERATES A MULTI-ORGAN TRANSPLANT CENTER. TRANSPLANTS BEING PERFORMED AT PRESENT INCLUDE KIDNEY, HEART, LUNGS, LIVER, PANCREAS, AND BONE MARROW. HOUSTON METHODIST HOSPITAL RESPONDS TO THE COMMUNITY'S NEEDS NOT ONLY THROUGH THE PROVISION OF MEDICAL CARE, BUT ALSO THROUGH EDUCATION OF HEALTH PROFESSIONALS AND PATIENTS, COMMUNITY HEALTH EDUCATION, DONATIONS TO HEALTH CARE RELATED EVENTS AND OTHER SERVICES, AND MEDICAL AND HEALTH RESEARCH.Expenses $2,803,454,299 · grants $12,681,413 · revenue $3,281,715,102
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 74-1180155
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Hospital or medical research organization
- Donations deductible (Pub 78)
- Group exemption
- Exempt since
- 2010
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E20)
- Group exemption
- 5792 (21 member organizations)
- Assets (IRS master file)
- $11,855,424,448
- Income (IRS master file)
- $9,886,133,360
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $3,595,725,127 | $3,282,593,264 | $11,855,424,448 | IRS |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $3,273,307,774 | $3,027,273,455 | $10,941,447,664 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $2,895,491,123 | $2,686,670,760 | $9,864,255,911 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | $2,875,737,215 | $2,697,937,809 | $10,162,124,093 | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 74-1180155).
Questions about THE METHODIST HOSPITAL
- What is the EIN of THE METHODIST HOSPITAL?
- The employer identification number (EIN) of THE METHODIST HOSPITAL is 74-1180155.
- Is THE METHODIST HOSPITAL tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
- Are donations to THE METHODIST HOSPITAL tax-deductible?
- Yes. It is listed in IRS Publication 78 (Group exemption).
- Which annual return does THE METHODIST HOSPITAL file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of THE METHODIST HOSPITAL due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE METHODIST HOSPITAL last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of THE METHODIST HOSPITAL?
- The 990 for the year ended December 31, 2024 names MARC L BOOM MD.
- Who are the officers and directors of THE METHODIST HOSPITAL?
- The 990 for the year ended December 31, 2024 lists 5 people; 5 received compensation from the organization, the highest $8,983,794 (SEVEN KEY EMPLOYEES-SEE METHODIST, HOSPITAL GROUP RETURN-SCHE).
- How much revenue does THE METHODIST HOSPITAL have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $3,595,725,127, expenses of $3,282,593,264 and total assets of $11,855,424,448 at year end.
Organizations in its group exemption (21)
- METHODIST HOSPITAL GROUP EIN 35-2410801 · HOUSTON, TX · last filed 990 for 2024
- METHODIST HOSPITAL EIN 76-0094743 · HOUSTON, TX · last filed 990 for 2024
- METHODIST HOSPITAL EIN 33-2241086 · HOUSTON, TX · last filed 990 for 2024
- METHODIST HOSPITAL EIN 30-0520570 · HOUSTON, TX · last filed 990-N for 2009
- METHODIST HOSPITAL EIN 84-4894085 · HOUSTON, TX · last filed 990-EZ for 2020
- METHODIST HOSPITAL EIN 76-0125389 · HOUSTON, TX
- METHODIST HOSPITAL EIN 76-0545192 · HOUSTON, TX
- METHODIST HOSPITAL EIN 38-3768845 · HOUSTON, TX · last filed 990-N for 2009
- METHODIST HOSPITAL EIN 74-1287015 · HOUSTON, TX
- METHODIST HOSPITAL EIN 37-1520288 · HOUSTON, TX · last filed 990-N for 2009
- METHODIST HOSPITAL EIN 47-2979550 · HOUSTON, TX
Other nonprofits in HOUSTON
- MEMORIAL HERMANN HEALTH SYSTEM EIN 74-1152597 · last filed 990 for 2025
- LEGACY COMMUNITY HEALTH SERVICES INC EIN 76-0009637 · last filed 990 for 2025
- MEMORIAL HERMANN MEDICAL GROUP EIN 20-4923281 · last filed 990 for 2025
- U T PHYSICIANS EIN 76-0459500 · last filed 990 for 2019
- METHODIST HOSPITAL EIN 76-0094743 · last filed 990 for 2024
- TEXAS MEDICAL CENTER EIN 74-1030788 · last filed 990 for 2024
- GULF COAST REGIONAL BLOOD CENTER EIN 74-1809687 · last filed 990 for 2024
- MEMORIAL HERMANN PHARMACY SERVICES LLC EIN 20-2184459 · last filed 990 for 2025