Johns Hopkins University
Johns Hopkins University reported $10.62 billion in revenue and $9.44 billion in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $90.11 went to program services, $8.57 to management and general costs and $1.32 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 63.4% of the total. Government grants made up 13.0%. The highest compensation it reported for one person was $5,871,487 (PRESIDENT, TRUSTEE). 15,184 people received more than $100,000 in reportable compensation. Revenue rose 42% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $9.44BFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $10.6BThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 90.1% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 8.6% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 1.3% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.04 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 27.2% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 13.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 63.4% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $5,871,487 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.06% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 15,184 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 25.7 | 13.3 |
| Independent voting board members Part VI 1a–1b | 35 of 39 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseInstruction, research and clinical practice:education and related services (e.g., room and board) are provided to over 31,000 students including approximately 18,000 full-time and 13,000 part-time students. Research and related services (e.g., research training) are provided through approximately 2,300 government and private sponsors. The university remains a leader among the nation's research universities. University research highlights are available at www.jhu.edu. Professional medical services are provided by members of the university's faculty to patients at the Johns Hopkins hospital and…
Student services:includes admissions and registar offices and those activities whose primary purpose is to contribute to the student's emotional and physical well-being and to his or her intellectual, cultural and social development outside the context of the formal instruction program. Examples include: student services administration, social and cultural development, counseling and career guidance, financial aid administration, student records and student health services
Auxiliary enterprises:includes services furnished directly or indirectly to students, faculty and staff and charges related to, but not necessarily equal to the cost of services. Traditionally these services include; food services, student housing and bookstores. Also reflected in this category are activities related to vending machines, bus service and athletic concessions. In addition, the university includes the activities related to the Johns Hopkins University press for publication and distribution of scholarly books, journals and on-line collections
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT, TRUSTEE Director/trustee, officer, 50.00 hrs/week | $4,800,143 | $0 | $1,071,344 | $5,871,487 |
| FORMER VP & CHIEF INVESTMENT OFFICER Former, 50.00 hrs/week | $4,877,784 | $0 | $53,366 | $4,931,150 |
| DEAN OF MEDICAL FACULTY & CEO, JHM Key employee, 50.00 hrs/week | $3,533,589 | $0 | $852,159 | $4,385,748 |
| DIRECTOR-APL Officer, 50.00 hrs/week | $2,571,901 | $0 | $1,511,912 | $4,083,813 |
| PROFESSOR (SEE SCHED. O) Highest compensated employee, 50.00 hrs/week | $1,698,631 | $0 | $199,632 | $1,898,263 |
| PROFESSOR (SEE SCHED. O) Highest compensated employee, 50.00 hrs/week | $1,630,299 | $0 | $108,949 | $1,739,248 |
| EXECUTIVE VP-FINANCE & ADMIN. Officer, 50.00 hrs/week | $1,232,275 | $0 | $433,705 | $1,665,980 |
| PROFESSOR (SEE SCHED. O) Highest compensated employee, 50.00 hrs/week | $1,551,389 | $0 | $84,724 | $1,636,113 |
15,184 people received more than $100,000 in reportable compensation from Johns Hopkins University (Part VII, line 2). Compensation of current officers, directors and key employees totaled $36M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b39 · 35 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2Yes
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26Yes
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18Yes
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 553,513
- Volunteers Part I, line 612,294
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| CLARK CONSTRUCTION GROUP LLC Construction services | $128,813,565 |
| WHITING TURNER CONTRACTING CO Construction services | $27,349,288 |
| BROADWAY SERVICES INC Security, parking, shuttle, facility man | $26,436,966 |
| CONSIGLI CONSTRUCTION CO INC Construction services | $22,237,160 |
| PAYETTE ASSOCIATES INC Architectural services | $13,607,592 |
Individuals listed as contractors are left out. 1,198 contractors were paid more than $100,000 in all.
Private foundation grants it received
270 private foundations reported grants to Johns Hopkins University totaling $476M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Johns Hopkins University's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Johns Hopkins University, you can publish a response that is linked from this page.
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Of every $100 Johns Hopkins University spent in FY2025, $90.11 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- The Board of Trustees of the Leland Stanford Junior UniversityRedwood City, CA · revenue $10.2B · programs 88.6% · FY2025
- Trustees of the University of PennsylvaniaPhiladelphia, PA · revenue $11.7B · programs 89.9% · FY2025
- Yale UniversityNew Haven, CT · revenue $8.45B · programs 87.2% · FY2025
- New York UniversityNew York, NY · revenue $12.4B · programs 86.8% · FY2025
- President and Fellows of Harvard CollegeCambridge, MA · revenue $8.32B · programs 85.6% · FY2025
Questions people ask
How much of Johns Hopkins University's spending goes to programs?
In the fiscal year ending June 30, 2025, Johns Hopkins University reported that 90.1% of its $9.44 billion in expenses went to program services, 8.6% to management and general and 1.3% to fundraising (Form 990, Part IX).
How much does Johns Hopkins University pay its top executive?
The largest total compensation Johns Hopkins University reported for one person in the fiscal year ending June 30, 2025 was $5,871,487, for the role of PRESIDENT, TRUSTEE (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Johns Hopkins University get its money?
Of $10.62 billion in revenue in the fiscal year ending June 30, 2025, 27.2% came from contributions and grants (including 13.0% from government grants) and 63.4% from program service revenue (Form 990, Part VIII).
Is Johns Hopkins University a registered charity?
The IRS lists EIN 52-0595110 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202611359349312681 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202521359349314342 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202421349349308667 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202321289349301232 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202221319349305807 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202141189349300909 · read the filing
All filings for EIN 52-0595110: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.