Johns Hopkins University

Overview

Mission

To educate its students and cultivate their capacity for lifelong learning, to foster independent and original research, and to bring the benefits of discovery to the world. Lainie Rutkow serves as interim provost at Johns Hopkins University. She is a professor of health policy and management at the Bloomberg School of Public Health and the School of Advanced International Studies. As interim provost, Dr. Rutkow oversees 10 schools as well as numerous interdisciplinary programs, academic centers, and support functions, and works closely with President Daniels to advance the ambitious goals of the _Ten for One_ strategic plan. She is committed to maintaining Hopkins’ institutional momentum, including stewarding its robust pipeline of strategic initiatives; elevating the University’s research, teaching, and outreach mission; and investing in faculty development an.

What it reported doing in 2024

Instruction, 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 other hospitals and outpatient care facilities in the baltimore area.

Operating model

Revenue model
Other-operating. 68% of the money available for current operations came from other operating revenue.
Distribution model
Direct operator. The filing allocates 84% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

Nonprofit profile at a glance

EIN
520595110
IRS 990 coverage
2009–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024, Form 990-T 2024, Form 990-N 2018
Headquarters
Baltimore, MD, United States
Phone
(410) 516-8171
Rating
88
Verdict
STRONG
Rating confidence
Standard
Sector
University or Technological Institute

Official website

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and the available information about grant readiness federal audit leaves an important question unanswered.

Rating breakdown

  • Financial Efficiency: 85
  • Transparency & Controls: 90
  • Accountability: 94
  • Sustainability: 74
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 85.7%; rating input score 86
  • Program expense ratio: 90.1%; rating input score 90
  • Fundraising efficiency: $23.27 raised per $1 spent on fundraising; rating input score 61; 61st percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
  • Pay-setting controls: 6 of 6 controls in place; rating input score 100
    • Compensation committee: Pass
    • Independent consultant: Pass
    • Other Form 990s reviewed: Pass
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: 3 of 8 controls in place; rating input score 38
    • Claims monitoring procedures: Pass
    • Requires narrative reports: Fail
    • Conducts field audits: Fail
    • May suspend future funding: Fail
    • Requires financial reports: Pass
    • Conducts site visits: Fail
    • Requires grant agreements: Pass
    • May require repayment: Fail
  • Grant itemization coverage: 100%; rating input score 100; 48th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 89.7%; rating input score 90; 35th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 11.2%; rating input score 75; 75th percentile among comparable filings
  • Total-asset coverage ratio: 2.68; rating input score 71; 71st percentile among comparable filings
  • Liabilities to assets ratio: 0.2; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0.5%; rating input score 84; 84th percentile among comparable filings

Growth

  • Program expense growth: 5% per year; rating input score 100; 40th percentile among comparable filings
  • Revenue growth: 6% per year; rating input score 100; 52nd percentile among comparable filings
  • Asset growth: 9% per year; rating input score 100; 65th percentile among comparable filings

Details

  • What they do: 6 programs and campaigns described on the official site
  • Where the money goes: 85.7% of revenue deployed · 90.1% of spending went to programs
  • Governance: 35 of 39 board members independent · 9 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $8.5B in reported program spending
  • Leadership: top reported pay $5.9M · 74 people listed · 6 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $218.4M reported
  • Consistency: 51 of 51 current checks pass
  • Schedules: 14 filed schedules · includes major donors, foreign activity, grants, executive pay, and related organizations
  • Filing history: 16 annual filings from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 851 filed money-flow records
  • Related organizations: 847 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Leadership & pay

74 people listed

Highest reported compensation

  • DANIELS RONALD (PRESIDENT, TRUSTEE): $5,871,487 total reported compensation
  • PERLIONI JASON (FORMER VP & CHIEF INVESTMENT OFFICER): $4,931,150 total reported compensation
  • DEWEESE THEODORE (DEAN OF MEDICAL FACULTY & CEO, JHM): $4,385,748 total reported compensation

Source: IRS Form 990. Selected filing: FY2024.