Sharp Memorial Hospital

Organization Overview

Sharp Memorial Hospital is located in San Diego, CA. The organization was established in 1984. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. As of 09/2021, Sharp Memorial Hospital employed 5,515 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sharp Memorial Hospital is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 09/2021, Sharp Memorial Hospital generated $1.5b in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $1.2b during the year ending 09/2021. While expenses have increased by 3.9% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Sharp Memorial Hospital has awarded 44 individual grants totaling $5,340,487. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SHARP MEMORIAL HOSPITAL PROVIDES COMPREHENSIVE MEDICAL SERVICES TO THE SAN DIEGO COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SHARP MEMORIAL HOSPITAL PROVIDES INPATIENT AND OUTPATIENT HEALTHCARE SERVICES TO THE COMMUNITY. FOR FISCAL YEAR 2021, PATIENT DAYS TOTALED 203,415 AND OUTPATIENT VISITS TOTALED 328,832. SEE COMMUNITY BENEFITS REPORT ON SCHEDULE O


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Former Evp Hospital Ops Shc
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$7,404,244
Government grants $21,590,646
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $122,301
Total Revenue from Contributions, Gifts, Grants & Similar$28,994,890
Total Program Service Revenue$1,375,813,004
Investment income $31,625,109
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $78,752,096
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,514,036,093

Grants Awarded

Over the last fiscal year, Sharp Memorial Hospital has awarded $603,734 in support to 3 organizations.

Grant RecipientAmount

CALIFORNIA HEALTH FOUNDATION & TRUST

PURPOSE: Medi-Cal Program

$539,734

ALZHEIMER'S ASSOCIATION SAN DIEGO

Org PageRecipient Profile

Chicago, IL

PURPOSE: Annual Sponsorship

$32,500

SAN DIEGO FAMILY CARE

Org PageRecipient Profile

San Diego, CA

PURPOSE: PROVIDES PRIMARY COMMUNITY MENTAL HEALTH AND MEDICAL CARE

$31,500
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 12 grants that Sharp Memorial Hospital has recieved totaling $7,559,311.

Awarding OrganizationAmount
Sharp Healthcare Foundation

San Diego, CA

PURPOSE: PROGRAM SUPPORT

$7,245,523
University Of Pittsburgh

Pittsburgh, PA

PURPOSE: RESEARCH- SUBCONTRACT

$86,074
Council Of Community Clinics

San Diego, CA

PURPOSE: COVID PANDEMIC

$61,826
Council Of Community Clinics

San Diego, CA

PURPOSE: COVID PANDEMIC

$61,826
Donald N Sharp Memorial Community Hospital Auxiliary

San Diego, CA

PURPOSE: SMH A DEROSE WEST WING PLEDGE

$50,000
Donald N Sharp Memorial Community Hospital Auxiliary

San Diego, CA

PURPOSE: CAPITAL CAMPAIGN FOR NEW EQUIPMENT

$12,163
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$7,319,817
Earnings$744,440
Net Contributions$70,854
Other Expense$6,535
Ending Balance$8,128,576

Peer Organizations

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