Johns Hopkins Hospital Endowment Fund Incorporated

Analysis

Johns Hopkins Hospital Endowment Fund Incorporated is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in April 1973, 53 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Johns Hopkins Hospital Endowment Fund Incorporated reported income of $14.1m and spending of $34.4m, spending 244% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $12.9m to $14.1m (+9.8%), an average of +2.4% a year. The sharpest change came in the year to June 2022, when income rose by 17%. Over the whole period it spent 224% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Johns Hopkins Hospital Endowment Fund Incorporated sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within MD. Charities of a similar size with the same main cause include Rush Care Inc ($14.1m), Monongalia Home Corporation ($14.1m) and Health Systems Real Estate Inc ($14.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% of the total. At year end it held assets of $838.5m against liabilities of $39.3m, net assets of $799.2m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.