Johns Hopkins Medical Services Corporation

Analysis

Johns Hopkins Medical Services Corporation is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in November 1981, 45 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, Johns Hopkins Medical Services Corporation reported income of $476.5m and spending of $476.5m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $427.2m to $476.5m (+12%), an average of +2.8% a year. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Johns Hopkins Medical Services Corporation sits at the 98th 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 Sea Mar Community Health Centers ($476.4m), The Brooklyn Hospital Center ($476.8m) and University Hospitals Health System Inc ($475.5m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $3.2m against liabilities of $3.2m, net assets of $184.