Suburban Hospital Healthcare System Inc

Analysis

Suburban Hospital Healthcare System Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in December 1997, 29 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, Suburban Hospital Healthcare System Inc reported income of $575k and spending of $1.5m, spending 257% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.9m to $575k (-80%), an average of -34% a year. The sharpest change came in the year to June 2022, when income rose by 4678%. Over the whole period it spent 140% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Suburban Hospital Healthcare System Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within MD. Charities of a similar size with the same main cause include Ralston Volunteer Fire Department and Rescue Squad Inc ($575k), Universal Health Care Action Network of Ohio Inc ($575k) and Fighting Chance Inc ($575k).

At year end it held assets of $44.5m against liabilities of $15.8m, net assets of $28.7m.