The Methodist Hospital, operating as Houston Methodist, is a 501(c)(3) nonprofit health system and one of the nation's leading academic medical centers. Based in Houston, Texas, the organization operates eight hospitals—including its flagship academic hospital in the Texas Medical Center—along with seven community hospitals and one long-term acute care hospital throughout the Greater Houston metropolitan area. The health system also includes a research institute, comprehensive residency programs, international patient services, and various outpatient facilities. Houston Methodist employs more than 32,000 people and operates in 43 countries.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$11.9B
+8.4% YoY
Annual Giving
$11.5M
-9.5% YoY
Grant Count
117
-15.2% YoY
Avg Grant Size
$98K
+6.7% YoY
Mission & Focus Areas
Mission Statement: To provide high quality, cost-effective health care that delivers the best value to the people served in a spiritual environment of caring in association with internationally recognized teaching and research.
Primary Focus Areas:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
- Health care access and innovation
- Mental health innovation
- Community benefits
Grantmaking
The Methodist Hospital operates an active grantmaking program through the Houston Methodist Hospital Foundation.
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Geographic Focus
Where this funder awards grants
The Methodist Hospital primarily funds initiatives in Texas, New York, and Virginia, with particular emphasis on the Greater Houston metropolitan area and Texas.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2024:
- Total Assets: $11.9 billion
- Annual Revenue: $3.6 billion
- Annual Expenses: $3.28 billion
- Total Liabilities: $3.4 billion
- Total Giving: $12.68 million
Houston Methodist Hospital Foundation (as of December 2022):
- Assets: $787.4 million
- Revenue: $140.3 million
The organization has demonstrated exceptional financial growth, with the foundation experiencing an average annual revenue increase of 18.6% over an eight-year period.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $11,855,424,448 | $10,941,447,664 | $9,864,255,911 |
| Revenue | $3,595,725,127 | $3,273,307,774 | $2,895,491,123 |
| Expenses | $3,282,593,264 | $3,027,273,455 | $2,686,670,760 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $144,562,289 | $157,384,936 | $42,016,831 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Open Grants
4 open opportunities from The Methodist Hospital
The Methodist Hospital: Community Benefits Grants
THE METHODIST HOSPITAL
Amount
Varies
Deadline
Rolling / Open
The Methodist Hospital: Community Sponsorship Grant
THE METHODIST HOSPITAL
Amount
Varies
Deadline
Rolling / Open
The Methodist Hospital: Diversity, Equity and Inclusion Grant
THE METHODIST HOSPITAL
Amount
Varies
Deadline
Rolling / Open
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| NINE OFFICERDIR-SEE METHODIST | HOSPITAL GROUP RETURN-SCHE | 4.67 | $7,251,200 |
| SEVENTEEN DIRECTORS-SEE METHODIST | HOSPITAL GROUP RETURN-SCHE | 2 | $178,475 |
| TWO OFFICER-SEE METHODIST | HOSPITAL GROUP RETURN-SCHE | 21 | $3,284,602 |
| SEVEN KEY EMPLOYEES-SEE METHODIST | HOSPITAL GROUP RETURN-SCHE | 40.71 | $8,983,794 |
| FIVE HIGHEST PAID-SEE METHODIST | HOSPITAL GROUP RETURN-SCHE | 45 | $4,781,721 |
Recent News & Activity
Recent developments and announcements
Houston Methodist committed $10 million to expand health care access across Greater Houston
Houston Methodist Awards $10 Million in Grant Program to Expand Health CareThe Methodist Hospital Research Institute participated in the Health Care Innovation Awards program
Grants Funded - Cancer Prevention and Research Institute of TexasThe organization received grants from the Cancer Prevention and Research Institute of Texas
Grants Funded - Cancer Prevention and Research Institute of TexasAlzheimer's Association Part the Cloud Grants awarded $11 million for innovative treatment development
Alzheimer's Association Part the Cloud Grants $11 MillionSubject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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