Johns Hopkins University

Analysis

Johns Hopkins University is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in January 1935, 91 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Johns Hopkins University reported income of $421.3m and spending of $397.8m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $398.6m to $421.3m (+5.7%), an average of +1.4% a year. The sharpest change came in the year to June 2022, when income rose by 42%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Johns Hopkins University sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within MD. Charities of a similar size with the same main cause include Florida Hospital Ocala Inc ($402.7m), Pew Memorial Trust ($428.6m) and University Healthcare Alliance ($401.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 85% and program service revenue 15% of the total. Other salaries and wages came to $77.0m. At year end it held assets of $208.7m against liabilities of $73.4m, net assets of $135.3m.