Northwest Hospital Center Inc

Analysis

Northwest Hospital Center Inc is a registered charity in United States, based in Randallstown, MD. It received its IRS tax-exemption ruling in February 1985, 41 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, Northwest Hospital Center Inc reported income of $308.7m and spending of $314.6m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $271.9m to $308.7m (+14%), an average of +3.2% a year. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Northwest Hospital Center Inc 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 Tuality Healthcare ($308.1m), Penn State Health Holy Spirit Medical Center ($309.8m) and Childrens Hospital and Health System Inc ($308.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.2% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $12.7m (4.0% of expenses). Other salaries and wages came to $106.6m. At year end it held assets of $187.1m against liabilities of $131.0m, net assets of $56.1m. It reported 2,018 employees.