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. Its declared purposes cover education, which this site groups under education and training. 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 $10.23bn and spending of $7.96bn, leaving 22% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.48bn to $10.23bn (+21%), an average of +4.8% a year. The sharpest change came in the year to June 2023, when income rose by 21%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training 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 Trustees of the University of Pennsylvania ($9.93bn), New York University ($10.48bn) and The Board of Trustees of the Leland Stanford Junior University ($8.47bn).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 39% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $30.9m (0.4% of expenses). Other salaries and wages came to $3.55bn. It paid $766k in professional fundraising fees. At year end it held assets of $20.22bn against liabilities of $4.76bn, net assets of $15.46bn. It reported 50,423 employees.