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Georgia · Nonprofit

MOREHOUSE HEALTHCARE INC

MOREHOUSE HEALTHCARE INC (Georgia) receives grants from 1 organization whose IRS filings report $0 to it, the largest being REACH OUT AND READ INC ($0). 1 of them have funded it in more than one year.

Revenue FY2025
$34M
Funders on record
1
Grants received
$0
Net assets
$8.4M
1/1 repeat funders
01What it does

What Morehouse Healthcare Inc does

Mission

Morehouse healthcare is the clinical service arm of morehouse school of medicine. It provides the vehicle for the clinical faculty to practice their trained disciplines, maintain clinical competency and to teach students and residents the art and skill of clinical medicine. Morehouse healthcare participates in and supports the vision, mission and goals of morehouse school of medicine.

As stated on its FY2025 Form 990.

Program

  1. Morehouse healthcare provides a means for the morehouse school of medicine to treat the sick and injured, engage in medical research and maintain and develop the practical skills necessary to provide clinical instruction to medical students. Our department of community health and preventive medicine supports the mission in working to provide primary care services to the medically underserved. Since 1997, we have partnered with the fulton county department of health and wellness and grady health systems to provide primary healthcare to the underserved in northeast atlanta. We staff two grady health system neighborhood health centers and provide care at other sites affiliated with morehouse school of medicine. Our comprehensive family healthcare center physicians and staff use a highly effective team approach to deliver comprehensive patient care that helps to ensure total wellness for patients of all ages. Patient services at our center extend beyond those typically offered by other clinics. Some of the services we provide are doctor visits to patient homes, weight control and stress management counseling, women's wellness programs, individualized or group nutritional counseling…

    $30,701,386 spentof which $1,250,371 as grants$32,105,486 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $30,701,386.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20202020 Revenue 100 ($14M) Expenses 100 ($18M) Net assets 100 ($1.8M)2021 Revenue 128 ($19M) Expenses 105 ($19M) Net assets 337 ($6.2M)2022 Revenue 128 ($19M) Expenses 113 ($20M) Net assets 211 ($3.8M)2023 Revenue 169 ($24M) Expenses 156 ($28M) Net assets 442 ($8.1M)2024 Revenue 186 ($27M) Expenses 161 ($29M) Net assets 532 ($9.7M)2025 Revenue 233 ($34M) Expenses 197 ($35M) Net assets 458 ($8.4M)
202020212022202320242025
Revenue (233)Expenses (197)Net assets (458)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $3.6M to $8.2M (+131%).

$3.6M
$8.2M
$4.7M
$8.6M
$11M
$11M
202020212022202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2024 9% · 2025 5%. Grants only. Government contracts and fees sit inside program revenue.

5% of MOREHOUSE HEALTHCARE INC’s revenue is contributions — about as donation-reliant as the typical peer (7% for the typical peer).

This organization
Typical peer · 4,743 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 6 of the last 6 reported years ran a deficit.

−$3.4M
’20
−$198k
’21
−$1.6M
’22
−$3.4M
’23
−$1.8M
’24
−$1.3M
’25
0.4
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Valerie Montgomery Rice MD

President & CEO

As listed on its FY2025 Form 990.

202020212022202320242025
Listed161617999
Joined·+2+7+6+5+1
No longer listed·261451
03Who funds it
04Its place in the field

Against its field

MOREHOUSE HEALTHCARE INC has grown faster than three-quarters of the 2,843 health nonprofits its size.

Operating margin−4% · bottom quartile
Months of reserve0.4mo · bottom quartile
Revenue growth (annualized)18% · top quartile

this organization peer median middle 50% of peers· 2,843 health nonprofits $10M–$100M, FY2025

Organizations like MOREHOUSE HEALTHCARE INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Georgia

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

88% of spending goes to programs.

Program 88%Management 12%Fundraising 0%

Governance

6
board members
17%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

GA

Part of a family of 2 related entities

  • Morehouse School of Medicine · exempt
  • Morehouse Medicine Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for MOREHOUSE HEALTHCARE INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds MOREHOUSE HEALTHCARE INC?
MOREHOUSE HEALTHCARE INC (Georgia) receives grants from 1 organization whose IRS filings report $0 to it, the largest being REACH OUT AND READ INC ($0). 1 of them have funded it in more than one year.
How many funders does MOREHOUSE HEALTHCARE INC have?
IRS filings report 1 organization giving $0 in grants to MOREHOUSE HEALTHCARE INC, 1 of which have funded it in more than one year.
Who is the largest funder of MOREHOUSE HEALTHCARE INC?
REACH OUT AND READ INC is the largest funder on record, with $0 in grants. The full list of funders is on this page.
How can an organization like MOREHOUSE HEALTHCARE INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Georgia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2020–2025), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing