The Johns Hopkins Health System Corporation

Analysis

The Johns Hopkins Health System Corporation is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in December 1990, 36 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting 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 Health System Corporation reported income of $732.7m and spending of $654.8m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $409.1m to $732.7m (+79%), an average of +16% a year. The sharpest change came in the year to June 2021, when income rose by 18%. Over the whole period it spent 95% 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 Health System Corporation sits at the 99th percentile: it is larger than about 99% 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 St Lukes Health System ($731.4m), The Unity Hospital of Rochester ($733.1m) and Endeavor Health Medical Group ($730.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $20.8m (3.2% of expenses). Other salaries and wages came to $253.4m. At year end it held assets of $2.16bn against liabilities of $1.99bn, net assets of $173.2m. It reported 5,143 employees.