Lubbock Methodist Hospital System
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE PURPOSE OF LUBBOCK METHODIST HOSPITAL SYSTEM (LMHS)IS TO ASSIST IN THE GOVERNMENT AND FULFILLMENT OF THE COVENANT HEALTH SYSTEM MISSION ACCORDING TO THE DEFINITIVE AGREEMENT. THE MISSION STATEMENT OF COVENANT HEALTH SYSTEM IS "AS EXPRESSIONS OF GOD'S LOVE, WITNESSED THROUGH THE MINISTRY OF JESUS, WE ARE STEADFAST IN SERVING ALL, ESPECIALLY THOSE WHO ARE POOR AND VULNERABLE."
- Income
- $74,550
- Spending
- $265,319
- Spent on programs
- 75%
- Reserves
- Over 10 years of spending
- Largest source of income
- investment income, 100%
- Employees
- 0
- Volunteers
- 25
Source: Form 990 for the year ending May 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 70 out of 100. Higher than 41% of charities in its peer group (health care, under $250k).
Reserves
35 of 35Spendable reserves would cover more than ten years of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
0 of 15Spending exceeded income by 256% of income.
Income trend
0 of 15Income fell 83% on the year before.
Spending floor
15 of 1575% of spending went to programs.
Source: Form 990 for the year ending May 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 62 out of 100. Higher than 38% of charities in its peer group (health care, under $250k).
Independent board
25 of 2524 of 24 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending May 31, 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 (1)
- $200,000 spent. THE LUBBOCK METHODIST HOSPITAL SYSTEM (LMHS) BOARD MEETS FOUR TIMES A YEAR AND HAS THREE ACTIVE COMMITTEES: OPERATING, OVERSIGHT, AND NOMINATING. THE OPERATING COMMITTEE DETERMINES THE FINANCIAL FEASIBILITY OF PROJECTS, ACTS, AND UNDERTAKINGS REFERRED TO IT BY THE BOARD; REVIEWS FINANCIAL STATEMENTS AND APPRAISES THE PERFORMANCE OF LMHS; COUNSELS WITH THE BOARD AND THE OFFICERS ON CURRENT AND LONG-TERM FISCAL AFFAIRS AND MAKES RECOMMENDATIONS TO THE BOARD CONCERNING THE FISCAL AFFAIRS; RECOMMENDS POLICIES AND AGENCIES FOR THE MANAGEMENT OF FUNDS; OVERSEES FINANCIAL AND LEGAL AUDIT NEEDS AND MAKES RECOMMENDATIONS, AND OVERSEES AND MAKES RECOMMENDATIONS REGARDING D&O INSURANCE NEEDS. IN DOING SO, THE BOARD PROVIDES EDUCATIONAL SCHOLARSHIPS TO THE COVENANT FOUNDATION. THE OVERSIGHT COMMITTEE IS RESPONSIBLE FOR OVERSEEING THE RELATIONSHIP WITH COVENANT HEATH SYSTEM/PROVIDENCE AND THE ETHICAL AND RELIGIOUS DIRECTIVES. IN THIS ROLE, CORPORATE OVERSIGHT OF TUBAL LIGATIONS IS REVIEWED ON AN ANNUAL BASIS. THE NOMINATING COMMITTEE RECOMMENDS MEMBERS OF THE LMHS BOARD, OFFICERS OF THE LMHS BOARD, AND MEMBERS OF THE COVENANT HEALTH SYSTEM BOARD. THE LUBBOCK METHODIST HOSPITAL SYSTEM (LMHS) BOARD MEETS FOUR TIMES A YEAR AND HAS THREE ACTIVE COMMITTEES: OPERATING, OVERSIGHT, AND NOMINATING. THE OPERATING COMMITTEE DETERMINES THE FINANCIAL FEASIBILITY OF PROJECTS, ACTS, AND UNDERTAKINGS REFERRED TO IT BY THE BOARD; REVIEWS FINANCIAL STATEMENTS AND APPRAISES THE PERFORMANCE OF LMHS; COUNSELS WITH THE BOARD AND THE OFFICERS ON CURRENT AND LONG-TERM FISCAL AFFAIRS AND MAKES RECOMMENDATIONS TO THE BOARD CONCERNING THE FISCAL AFFAIRS; RECOMMENDS POLICIES AND AGENCIES FOR THE MANAGEMENT OF FUNDS; OVERSEES FINANCIAL AND LEGAL AUDIT NEEDS AND MAKES RECOMMENDATIONS, AND OVERSEES AND MAKES RECOMMENDATIONS REGARDING D&O INSURANCE NEEDS. IN DOING SO, THE BOARD PROVIDES EDUCATIONAL SCHOLARSHIPS TO THE COVENANT FOUNDATION. THE OVERSIGHT COMMITTEE IS RESPONSIBLE FOR OVERSEEING THE RELATIONSHIP WITH COVENANT HEATH SYSTEM/PROVIDENCE AND THE ETHICAL AND RELIGIOUS DIRECTIVES. IN THIS ROLE, CORPORATE OVERSIGHT OF TUBAL LIGATIONS IS REVIEWED ON AN ANNUAL BASIS. THE NOMINATING COMMITTEE RECOMMENDS MEMBERS OF THE LMHS BOARD, OFFICERS OF THE LMHS BOARD, AND MEMBERS OF THE COVENANT HEALTH SYSTEM BOARD.
Source: Form 990 for the year ending May 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
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.
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.
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.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending May 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since March 1999.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
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.