The Johns Hopkins Hospital
Analysis
The Johns Hopkins Hospital is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in February 1948, 78 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 Johns Hopkins Hospital reported income of $3.18bn and spending of $3.09bn, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.62bn to $3.18bn (+21%), an average of +5.0% a year. Over the whole period it spent 94% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Johns Hopkins Hospital 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 Childrens Hospital Medical Center ($3.12bn), Lehigh Valley Hospital ($3.19bn) and Texas Childrens Health Plan Inc ($3.09bn).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.4% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $218k (0.0% of expenses). Other salaries and wages came to $778.1m. At year end it held assets of $3.46bn against liabilities of $1.51bn, net assets of $1.96bn. It reported 13,233 employees.
Income and spending
Where the income comes from
- Contributions & grants 1.4%
- Program services 96%
- Other 2.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Childrens Hospital Medical Center | Cincinnati | $3.12bn |
| Lehigh Valley Hospital | Allentown | $3.19bn |
| Texas Childrens Health Plan Inc | Bellaire | $3.09bn |
| Peacehealth | Vancouver | $3.34bn |