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Franklin Square Hospital Center Inc

EIN 52-0608007 · Baltimore, MD

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthFair68 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

SEE SCHEDULE O

Income
$655.3 million
Spending
$646.7 million
Spent on programs
85%
Reserves
1.3 months of spending
Largest source of income
fees for its services, 98%
Employees
3,400
Volunteers
222
Highest pay
$6.6 million, director

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Fair: 68 out of 100. Higher than 57% of charities in its peer group (health care, over $100m).

  • Reserves

    10 of 35

    Spendable reserves would cover 1.3 months of spending.

  • Debt

    16 of 20

    It owes 18% of what it owns.

  • Living within its means

    12 of 15

    Income exceeded spending by 1% of income.

  • Income trend

    15 of 15

    Income rose 7% on the year before.

  • Spending floor

    15 of 15

    85% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 100 out of 100. Higher than 53% of charities in its peer group (health care, over $100m).

  • Independent board

    25 of 25

    10 of 17 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. $436.3 million spent. SEE SCHEDULE OMEDSTAR FRANKLIN SQUARE'S LARGEST PROGRAM IS ACCESS TO AND THE PROVISION OF ACUTE HOSPITAL SERVICES TO THE COMMUNITIES OF EASTERN BALTIMORE COUNTY, MARYLAND, AND THE SURROUNDING AREAS. IN ADDITION TO THE PROGRAM SERVICE EXPENSES LISTED ABOVE, MEDSTAR FRANKLIN SQUARE INCURRED $98.2M OF MANAGEMENT AND GENERAL EXPENSES IN PROVIDING SERVICES TO ITS COMMUNITIES. AS A TERTIARY CARE CENTER IN NORTHEAST BALTIMORE, MEDSTAR FRANKLIN SQUARE CONTINUES TO RECRUIT NEUROLOGY, ONCOLOGY, AND INTEGRATED SURGICAL SERVICE EXPERTS. OUR LABOR AND DELIVERY SERVICE, LEVEL 3 NICU, AND ADULT AND ADOLESCENT BEHAVIORAL UNITS CONTINUE TO PROVIDE KEY MEDICAL SERVICES FOR EASTERN BALTIMORE COUNTY. MEDSTAR FRANKLIN SQUARE IS PROUD TO HAVE BEEN RE-ACCREDITED WITH THE JOINT COMMISSION'S GOLD SEAL OF APPROVAL FOR OUR COMMITMENT TO PROVIDING SAFE AND QUALITY PATIENT CARE. THE AMERICAN NURSES CREDENTIALING CENTER (ANCC) ALSO RE-DESIGNATED MEDSTAR FRANKLIN SQUARE AS MAGNET FOR EXCELLENCE IN NURSING, MAKING MEDSTAR FRANKLIN SQUARE ONE OF THE ONLY HOSPITALS IN MARYLAND TO BE RECOGNIZED FOUR TIMES IN A ROW. MEDSTAR FRANKLIN SQUARE HAS EARNED SOME OF THE REGION'S AND NATION'S MOST PRESTIGIOUS HONORS AND, INCLUDING: THE AMERICAN HEART ASSOCIATION'S "MISSION: LIFELINE REGIONAL AWARD," THE AMERICAN HEART ASSOCIATION/AMERICAN STROKE ASSOCIATION'S "GET WITH THE GUIDELINES" STROKE GOLD PLUS ACHIEVEMENT AWARD WITH TARGET: STROKE HONOR ROLL ELITE PLUS, ADVANCED THERAPY AND TARGET: TYPE 2 DIABETES HONOR ROLL IN ADDITION, BALTIMORE MAGAZINE RECENTLY RECOGNIZED 83 MEDSTAR HEALTH PHYSICIANS AS "TOP DOCTORS AND NINE MEDSTAR FRANKLIN SQUARE NURSES FOR EXCELLENCE IN NURSING. US NEWS & WORLD REPORT ALSO RECOGNIZED MEDSTAR FRANKLIN SQUARE AS HIGH PERFORMING IN HEART FAILURE, PROSTATE CANCER SURGERY, CHRONIC OBSTRUCTIVE PULMONARY DISEASE, AND LUNG CANCER SURGERY. MEDSTAR FRANKLIN SQUARE ALSO EARNED THE HEALTHIEST MD BUSINESS EXEMPLAR AWARD AND WAS THE FIRST AND ONLY EMERGENCY DEPARTMENT IN MARYLAND TO BE DESIGNATED AS A LANTERN AWARD RECIPIENT BY THE EMERGENCY NURSES ASSOCIATION.
  2. $87.9 million spent. MEDSTAR FRANKLIN SQUARE PROVIDED $87.9M IN SUBSIDIZED (MISSION DRIVEN) HEALTH SERVICES IN FISCAL YEAR 2025. THESE CRITICAL SERVICES, WHICH ARE DRIVEN BY COMMUNITY NEEDS, OPERATE AT A LOSS. THEY ADDRESS PRIORITIES PRIMARILY THROUGH DISEASE PREVENTION AND IMPROVEMENT OF HEALTH STATUS. SERVICES INCLUDE EMERGENCY MEDICINE; NEONATOLOGY; WOMEN'S AND CHILDREN'S HEALTH, AND BEHAVIORAL HEALTH.
  3. $24.3 million spent. MEDSTAR FRANKLIN SQUARE PROVIDED $24.3M IN HEALTH PROFESSIONS EDUCATION IN FISCAL YEAR 2025. THIS CATEGORY INCLUDES TRAINING IN GRADUATE MEDICAL EDUCATION, AND EDUCATION FOR PHYSICIANS, MEDICAL STUDENTS, NURSES, AND OTHER HEALTH PROFESSIONS.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since February 1938.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.