Greater Baltimore Medical Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 416,525,881 | 390,959,739 | 25,566,142 | 6.0 | 42% |
| 2012 | 411,719,066 | 393,456,748 | 18,262,318 | 5.4 | 42% |
| 2013 | 396,181,670 | 380,424,924 | 15,756,746 | 7.4 | 43% |
| 2014 | 413,509,978 | 384,938,447 | 28,571,531 | 8.3 | 44% |
| 2015 | 430,378,982 | 395,425,115 | 34,953,867 | 8.4 | 44% |
| 2016 | 433,196,905 | 405,683,028 | 27,513,877 | 8.1 | 43% |
| 2017 | 439,473,624 | 422,086,496 | 17,387,128 | 9.4 | 44% |
| 2018 | 516,124,793 | 507,462,928 | 8,661,865 | 8.2 | 48% |
| 2019 | 538,057,677 | 527,519,864 | 10,537,813 | 8.4 | 49% |
| 2020 | 540,688,804 | 531,665,746 | 9,023,058 | 8.3 | 48% |
| 2021 | 623,460,207 | 560,636,067 | 62,824,140 | 10.3 | 48% |
| 2022 | 611,564,381 | 609,527,090 | 2,037,291 | 8.4 | 47% |
| 2023 | 624,667,819 | 627,383,946 | −2,716,127 | 7.9 | 47% |
In its most recent public year (2023), this organization spent $2,716,127 more than it brought in. Its reserves stood at about 7.9 months of spending, up from 6 in 2011. Staff pay was 47% of spending. $101,522,954 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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