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Society of Hospital Medicine

EIN 23-3057353 · Philadelphia, PA

Public records raise at least one point you should look into before giving.

LegitimacyCautionRegistration and standingFinancial healthGood89 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE SOCIETY OF HOSPITAL MEDICINE IS DEDICATED TO PROMOTING THE HIGHEST QUALITY CARE FOR ALL HOSPITALIZED PATIENTS. SHM IS COMMITTED TO PROMOTING EXCELLENCE IN THE PRACTICE OF HOSPITAL MEDICINE THROUGH EDUCATION, ADVOCACY AND RESEARCH.

Income
$17.3 million
Spending
$14.9 million
Spent on programs
63%
Reserves
15 months of spending
Largest source of income
fees for its services, 84%
Employees
59
Volunteers
8
Highest pay
$900,332, chief executive officer

Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 89 out of 100. Higher than 84% of charities in its peer group (education, $10m to $100m).

  • Reserves

    35 of 35

    Spendable reserves would cover 15.0 months of spending.

  • Debt

    16 of 20

    It owes 27% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 14% of income.

  • Income trend

    15 of 15

    Income rose 19% on the year before.

  • Spending floor

    8 of 15

    63% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 100 out of 100. Higher than 50% of charities in its peer group (education, $10m to $100m).

  • Independent board

    25 of 25

    8 of 11 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. $6.1 million spent. CONVERGEANNUAL MEETING, NOW KNOWN AS CONVERGE, IS PART OF THE HOSPITAL MEDICINE MOVEMENT. IN 2025, THERE WERE APPROXIMATELY 4,100 ATTENDEES THAT WERE ABLE TO PARTICIPATE IN AROUND 130 DIFFERENT EDUCATIONAL SESSIONS. ADDITIONALLY, THERE WERE OVER 1,050 PARTICIPANTS IN THE POSTER SESSION.
  2. $2.7 million spent. MEMBERSHIPTHE SOCIETY OF HOSPITAL MEDICINE (SHM) IS THE PROFESSIONAL HOME OF HOSPITALISTS DEDICATED TO EXCEPTIONAL AND EQUITABLE CARE FOR ACUTELY ILL PATIENTS. AS THE HOME FOR HOSPITALISTS, SHM ACTIVATES AND ENGAGES OUR COMMUNITY TO ADVOCATE FOR OUR SPECIALTY, OUR MEMBERS, AND THE DIVERSE PATIENTS WE SERVE; PROMOTES HIGH-VALUE CARE AND OPTIMAL OUTCOMES FOR ACUTELY ILL PATIENTS; MEETS THE EVOLVING EDUCATIONAL NEEDS OF A DYNAMIC SPECIALTY; CULTIVATES AN INCLUSIVE COMMUNITY FOR HOSPITALISTS AND SUPPORTS CAREER GROWTH AND WELLBEING; AND ADVANCES THE RESEARCH AND INNOVATION OF HEALTHCARE DELIVERY, QUALITY, SAFETY, AND EXPERIENCE ACROSS THE CARE CONTINUUM.MEMBERS RECEIVE A RANGE OF EXCLUSIVE BENEFITS INCLUDING, BUT NOT LIMITED TO: SUBSCRIPTIONS TO THE HOSPITALIST AND THE JOURNAL OF HOSPITAL MEDICINE (PUBLISHED MONTHLY); MEMBERSHIP IN A LOCAL CHAPTER; ACCESS TO SPECIAL INTEREST GROUPS; AND A PORTFOLIO OF DIGITAL RESOURCES INCLUDING THE LEARNING PORTAL AND CLINICAL CONTENT ON QUALITY IMPROVEMENT.
  3. $618,578 spent. CQITHE CENTER FOR QUALITY IMPROVEMENT SUPPORTS AND EQUIPS HOSPITALISTS AND OTHER HOSPITAL CLINICIANS WITH "BEST PRACTICE AND EVIDENCE-BASED IMPLEMENTATION TOOLS, FRAMEWORKS, RESOURCES AND STRATEGIES, RESULTING IN A SUSTAINABLE MODEL OF IMPROVED PATIENT SAFETY, OUTCOMES AND QUALITY OF CARE. THE CENTER PARTNERS WITH A DIVERSE POOL OF FUNDERS TO DEVELOP THESE PROGRAMS AND RESOURCES ADDRESSING MULTIPLE CLINICAL TOPICS INCLUDING GLYCEMIC CONTROL, COPD, VTE AND IMPROVING HANDOFFS OF CARE. SHM'S MENTORED IMPLEMENTATION MODEL IS THE PRIMARY MECHANISM FOR FACILITATING PROCESS IMPROVEMENT AND SUSTAINABLE CULTURAL CHANGE IN THE HOSPITAL TO IMPROVE PATIENT OUTCOMES.

Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending September 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since January 2002.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Caution.

    California's Attorney General lists its registration as revoked as of June 30, 2006. Organizations on this list may not solicit donations in California.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.