THE METHODIST HOSPITAL

THE METHODIST HOSPITAL

Houston, TX, US
501(c)3
EIN
74-1180155
Hospital
Regional Funder
Parent Organization

THE METHODIST HOSPITAL

Houston, TX, US
501(c)3
EIN
74-1180155
Hospital
Regional Funder
Parent Organization

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$3,595,725,127

Program Services
91%
Investments
7%
Other
1%
Contributions
<1%
Government Grants
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$3,282,593,264

Other
43%
Salaries & Benefits
37%
Offices, Occupancy & IT
6%
Fees to Service Providers
6%
Depreciation
4%
Interest
2%
Advertising & Promotion
<1%
Grants
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$0
$26,041,569
-
Government Grants
$14,719,261
$18,913,992
+28%
Fundraising Events
$0
$0
-
Program Services
$2,979,371,204
$3,258,404,725
+9%
Membership Dues
$0
$0
-
Investments
$201,216,623
$254,105,913
+26%
Other
$78,000,686
$38,258,928
-51%
Total Revenues
$3,273,307,774
$3,595,725,127
+10%
Expenses
2023
2024
Change
Grants
$13,840,776
$12,681,413
-8%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,143,619,203
$1,225,731,379
+7%
Fees to Service Providers
$190,499,239
$187,385,184
-2%
Advertising & Promotion
$10,863,442
$14,360,414
+32%
Offices, Occupancy & IT
$180,066,679
$200,676,836
+11%
Interest
$69,378,326
$69,965,105
+1%
Depreciation
$138,405,537
$144,450,155
+4%
Other
$1,280,600,253
$1,427,342,778
+11%
Total Expenses
$3,027,273,455
$3,282,593,264
+8%
Net income
2023
2024
Change
Net income
+$246,034,319
+$313,131,863
+27%
Functional Expenses
Summary
2023
2024
Change
Program
$2,630,227,563
$2,803,454,299
+7%
Admin
$397,045,892
$479,138,965
+21%
Fundraising
$0
$0
-
Total Expenses
$3,027,273,455
$3,282,593,264
+8%
Income Statement
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