Houston Methodist
Legal name: Methodist Hospital Group
Nonprofit profile at a glance
- EIN
- 352410801
- IRS 990 coverage
- 2010–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Houston, TX, USA
- Phone
- 8326676160
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Affiliation
- Christianity
Reported finances
- Revenue
- $4,404,411,075
- Expenses
- $3,934,185,696
- Assets
- $7,626,606,840
- Liabilities
- $720,236,232
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
130 people listed
Highest reported compensation
- MARC L BOOM MD (SEE SCHEDULE O): $8,338,578 total reported compensation
- KEVIN J BURNS (SEE SCHEDULE O): $3,228,085 total reported compensation
- ROBERTA L SCHWARTZ PHD (SEE SCHEDULE O): $3,105,356 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our 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. Our Beliefs. Our experienced team members will handle all the logistics of arranging your appointment and connecting you with the support services you will need during your visit. Get Started alt. With your support, Houston Methodist provides exceptional research, education and care that is truly leading medicine. Donate Houston Methodist Main Site.
What it reported doing in 2024
See schedule o.
Operating model
- Revenue model
- Earned-program. 95% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The program-spending lines do not add up, so the filing cannot show reliably whether the nonprofit works directly or through others.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and some filed totals do not add up.
Rating breakdown
- Financial Efficiency: 72
- Transparency & Controls: 86
- Accountability: 76
- Sustainability: 71
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 77.6%; rating input score 78
- Program expense ratio: 87.1%; rating input score 87
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 92.3%; rating input score 92; 12th percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 83.8%; rating input score 84; 19th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 59.3%; rating input score 59; 16th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 10.7%; rating input score 74; 74th percentile among comparable filings
- Total-asset coverage ratio: 1.94; rating input score 62; 62nd percentile among comparable filings
- Liabilities to assets ratio: 0.09; rating input score 83; 83rd percentile among comparable filings
- Officer compensation ratio: 1.4%; rating input score 67; 67th percentile among comparable filings
Growth
- Program expense growth: 11.5% per year; rating input score 100; 80th percentile among comparable filings
- Revenue growth: 11.8% per year; rating input score 100; 83rd percentile among comparable filings
- Asset growth: 10.7% per year; rating input score 100; 73rd percentile among comparable filings
Details
- What they do: Mission, programs, and operating context captured from the official website.
- Where the money goes: 77.6% of revenue deployed · 87.1% of spending went to programs
- Governance: 64 of 108 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $3.4B in reported program spending
- Leadership: top reported pay $8.3M · 130 people listed · 4 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $468.5M reported
- Consistency: 34 of 35 current checks pass · 1 finding to review
- Schedules: 9 filed schedules · includes major donors, grants, executive pay, and related organizations
- Filing history: 13 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 84 filed money-flow records
- Related organizations: 50 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Independent voting board scored 59/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.