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Greater Baltimore Medical Center

Baltimore, MD · EIN 52-6049658 · 501(c)(3) · Hospital or medical research organization
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Greater Baltimore Medical Center reported $674.6 million in revenue and $678.5 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $85.29 went to program services, $14.41 to management and general costs and $0.30 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 93.6% of the total. The highest compensation it reported for one person was $1,329,529 (CHAIR/PHYSICIAN). 788 people received more than $100,000 in reportable compensation. Revenue rose 25% 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 $679M

For context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 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 $675M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,634 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
85.3%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
14.4%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
0.3%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.14$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
2.2%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.1%0.1%
Program service revenue share
Part VIII 2g ÷ 12
93.6%93.7%
Highest reported compensation
Part VII-A, columns D–F
$1,329,529$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.20%1.34%
People paid over $100,000
Part VII, line 2
78827
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
7.06.6
Independent voting board members
Part VI 1a–1b
25 of 2888.9%

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 expense
$299M expenses · 51.7% of program spending · revenue $317M

Greater Baltimore Medical Center, inc. (gbmc) is a leading healthcare destination, proudly serving our community with compassion and excellence. Our 211-bed acute care Medical Center provides advanced medical services on a welcoming suburban campus. In the past year, gbmc cared for 12,478 inpatients, supported 5,078 patients under observation, and celebrated the arrival of 3,670 newborns. Our specialized programs - women's cancer care, surgical and medical services, and comprehensive oncology - continue to grow to meet community needs. We recently expanded our oncology services, opening the…

$126M expenses · 21.8% of program spending · revenue $114M

During the past fiscal year, gbmc's state-of-the-art operating rooms successfully performed more than 19,684 inpatient and outpatient surgical procedures, reflecting our commitment to exceptional care and innovation. Our surgical specialties are among the most advanced in the region and include: - comprehensive obesity management program - home to the oldest recognized asmbs center of excellence in metropolitan baltimore, setting the standard for bariatric care. - johns hopkins head and neck surgery at gbmc - providing world-class expertise close to home. - minimally invasive and endocrine…

$24M expenses · 4.1% of program spending · revenue $36M

During the fiscal year, our emergency department provided care to 58,132 patients, delivering timely and compassionate treatment for a wide range of medical needs. To ensure efficient service and reduce wait times, the department is organized into three specialized care areas: - urgent care - designed for patients with minor injuries or conditions, such as sprains, requiring prompt attention. - emergent care - equipped to handle severe and complex cases, including acute abdominal pain, chest pain, and traumatic injuries from motor vehicle accidents. - observational care - located adjacent to…

$130M all other programs (line 4d)

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CHAIR/PHYSICIAN
Highest compensated employee, 60.00 hrs/week
$1,295,261$0$34,268$1,329,529
PHYSICIAN
Highest compensated employee, 60.00 hrs/week
$1,214,999$0$37,991$1,252,990
DIRECTOR/CEO GBMC HEALTHCARE
Director/trustee, officer, 32.00 hrs/week
$1,139,114$0$33,270$1,172,384
PHYSICIAN
Highest compensated employee, 60.00 hrs/week
$886,445$0$14,330$900,775
EVP & CHIEF MEDICAL OFFICER
Officer, 50.00 hrs/week
$824,782$0$40,927$865,709
PHYSICIAN
Highest compensated employee, 60.00 hrs/week
$797,330$0$38,239$835,569
EVP & CFO GBMC HEALTHCARE
Officer, 40.00 hrs/week
$700,392$0$115,031$815,423
PHYSICIAN
Highest compensated employee, 60.00 hrs/week
$748,593$0$11,465$760,058

788 people received more than $100,000 in reportable compensation from Greater Baltimore Medical Center (Part VII, line 2). Compensation of current officers, directors and key employees totaled $9.2M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$200M$400M$600M$800MFY2020FY2021FY2022FY2023FY2024FY2025$675M$679M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$675M$679M85.3%$395M$1,329,529
FY2024 ⓘ$629M$622M86.8%$418M$1,461,156
FY2023 (amended) ⓘ$625M$627M86.2%$414M$1,627,123
FY2022 ⓘ$612M$610M84.2%$427M$1,591,032
FY2021 ⓘ$623M$561M84.1%$481M$1,439,534
FY2020 ⓘ$541M$532M85.0%$369M$1,467,593

Governance 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–1b28 · 25 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 15aNo
  • 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 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 54,639

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
SHEPPARD PRATT HEALTH SYSTEM
Contracted physician & medical services
$5,325,788
COMPUTER DESIGN & INTEGRATION
Information technology services
$5,032,384
JOHNS HOPKINS UNIVERSITY
Residency program
$4,887,673
HEALTH CAROUSEL LLC
Medical staffing
$4,715,095
SODEXO INC
Management - hotel services
$4,437,611

Individuals listed as contractors are left out. 122 contractors were paid more than $100,000 in all.

Private foundation grants it received

17 private foundations reported grants to Greater Baltimore Medical Center totaling $1.7M 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 Greater Baltimore Medical Center's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Greater Baltimore Medical Center, you can publish a response that is linked from this page.

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Questions people ask

How much of Greater Baltimore Medical Center's spending goes to programs?

In the fiscal year ending June 30, 2025, Greater Baltimore Medical Center reported that 85.3% of its $678.5 million in expenses went to program services, 14.4% to management and general and 0.3% to fundraising (Form 990, Part IX).

How much does Greater Baltimore Medical Center pay its top executive?

The largest total compensation Greater Baltimore Medical Center reported for one person in the fiscal year ending June 30, 2025 was $1,329,529, for the role of CHAIR/PHYSICIAN (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Greater Baltimore Medical Center get its money?

Of $674.6 million in revenue in the fiscal year ending June 30, 2025, 2.2% came from contributions and grants (including 0.1% from government grants) and 93.6% from program service revenue (Form 990, Part VIII).

Is Greater Baltimore Medical Center a registered charity?

The IRS lists EIN 52-6049658 as a 501(c)(3) organization (hospital or medical research organization), 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 202621319349304127 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202531359349305373 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023 (amended), object 202531689349300623 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202331289349300928 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202201369349309215 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202111379349307466 · read the filing

All filings for EIN 52-6049658: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.