Umsj Health System LLC

Analysis

Umsj Health System LLC is a registered charity in United States, based in Towson, MD. It received its IRS tax-exemption ruling in September 2014, 12 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 (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Umsj Health System LLC reported income of $537.5m and spending of $540.1m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $432.4m to $537.5m (+24%), an average of +5.6% a year. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Umsj Health System LLC sits at the 99th percentile: it is larger than about 98% of them. 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 Parkview Medical Center Inc ($537.3m), Connecticut Childrens Medical Center ($538.7m) and Virtua Health Inc ($537.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.1% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $4.3m (0.8% of expenses). Other salaries and wages came to $224.4m. At year end it held assets of $391.4m against liabilities of $380.7m, net assets of $10.7m. It reported 3,261 employees.