Mt Washington Pediatric Hospital Inc

Analysis

Mt Washington Pediatric Hospital Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in August 1926, 100 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Mt Washington Pediatric Hospital Inc reported income of $68.6m and spending of $69.8m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $70.2m to $68.6m (-2.3%), an average of -0.6% a year. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mt Washington Pediatric Hospital Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within MD. Charities of a similar size with the same main cause include Allhealth Network ($68.5m), McLeod Medical Center Dillon ($68.6m) and Donor Alliance Inc ($68.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.6% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $1.9m (2.8% of expenses). Other salaries and wages came to $35.9m. At year end it held assets of $157.8m against liabilities of $21.1m, net assets of $136.7m. It reported 685 employees.