Johns Hopkins Pharmaquip Inc

Analysis

Johns Hopkins Pharmaquip Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in February 1994, 32 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Johns Hopkins Pharmaquip Inc reported income of $133.1m and spending of $125.6m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $108.5m to $133.1m (+23%), an average of +5.3% 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, Johns Hopkins Pharmaquip Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within MD. Charities of a similar size with the same main cause include Northwest Kidney Centers ($133.0m), Wood County Hospital Assn ($133.4m) and Oneida Healthcare Systems Inc ($132.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.4% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $831k (0.7% of expenses). Other salaries and wages came to $44.9m. At year end it held assets of $82.2m against liabilities of $15.9m, net assets of $66.3m. It reported 721 employees.