The Good Samaritan Hospital of Maryland Inc

Analysis

The Good Samaritan Hospital of Maryland Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in September 1993, 33 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, The Good Samaritan Hospital of Maryland Inc reported income of $288.0m and spending of $286.7m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $252.6m to $288.0m (+14%), an average of +3.3% a year. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Good Samaritan Hospital of Maryland Inc sits at the 97th percentile: it is larger than about 97% 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 Firelands Regional Medical Center ($287.3m), SB Clinical Practice Management Plan Inc ($288.3m) and Galion Community Hospital ($287.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.4% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $4.3m (1.5% of expenses). Other salaries and wages came to $123.6m. At year end it held assets of $190.5m against liabilities of $33.6m, net assets of $156.9m. It reported 1,740 employees.