Johns Hopkins All Childrens Hospital Inc

Analysis

Johns Hopkins All Childrens Hospital Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in May 1942, 84 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 All Childrens Hospital Inc reported income of $702.2m and spending of $638.9m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $530.1m to $702.2m (+32%), an average of +7.3% a year. The sharpest change came in the year to June 2023, when income rose by 19%. 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 All Childrens Hospital Inc 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 SMDC Medical Center ($701.8m), Gaston Memorial Hospital Inc ($709.9m) and Berkshire Medical Center Inc ($700.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.0% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $442k (0.1% of expenses). Other salaries and wages came to $211.5m. At year end it held assets of $1.15bn against liabilities of $331.5m, net assets of $818.3m. It reported 3,534 employees.