Sharp Healthcare
71% goes to programs $68 to raise $100
Sharp Healthcare is a 501(c)(3) organization based in San Diego, California, registered in 1957, with $1,758,705,575 in FY2023 revenue. CharityIndex grades it C, and it directs about 71% of spending to programs.
8695 Spectrum Center Blvd, San Diego, CA, 92123 EIN 95-6077327 Since 1957
Revenue (FY2023)
$1.8B
▼ 7.7% vs prior year
Health median: $840K
Expenses (FY2023)
$2.2B
Net assets
$185.4M
Employees
30,897
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
FProgram efficiency40% of the rating71% to programs · $68 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Sharp Healthcare: 71% to programs · $68 to raise $100 earns a F on this criterion. See the exact thresholds →
C+Financial health25% of the rating1 mo reserves · -25% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Sharp Healthcare: 1 mo reserves · -25% margin earns a C+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Sharp Healthcare: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Sharp Healthcare: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
The organization's primary exempt purpose is to provide administrative support to its tax-exempt subsidiaries. in addition, outpatient services are provided to patients within the greater san diego area through multispecialty medical group practices. community members are offered a number of benefit services to assist them in obtaining treatment, and information is provided on topics ranging from disease prevention to improvement of health status.
What they do
Sharp healthcare provides administrative support to its subsidiaries. its general purpose is to promote healthcare through supporting and/or operating its subsidiaries.
See community benefit report on schedule o.
Contact & location
- Address
- 8695 Spectrum Center Blvd, San Diego, CA, 92123
- City
- San Diego
- State
- California
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $1.2B (FY2013) to $1.8B (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $5.9BNet assets $185.4M
Operating margin
-25.0%
Spent more than it raised in the latest fiscal year.
Total assets
$6.1B
Total liabilities
$5.9B
Net assets
$185.4M
Salaries & benefits
$673.5M
31% of expenses
Board members
24
21 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $1,758,705,575▼7.7% | $2,198,001,380▲7.7% | $185,398,706▲26.9% | $6,073,527,629▲21.1% | 990 |
| 2022 | $1,904,754,700▼19.7% | $2,040,963,682▲5.5% | $146,092,934▲49.4% | $5,014,491,088▲2.7% | 990 |
| 2021 | $2,370,888,826▲37.5% | $1,934,193,434▲2.9% | $97,799,886▼47.3% | $4,882,274,751▼8.3% | 990 |
| 2020 | $1,723,734,140▲5.3% | $1,879,739,547▲6.6% | $185,639,947▲91.7% | $5,325,617,287▲18.5% | 990 |
| 2019 | $1,636,198,372▼2.6% | $1,762,599,312▲3.2% | $96,858,371▲6.9% | $4,493,325,854▲15.5% | 990 |
| 2018 | $1,680,459,640▲5.8% | $1,707,520,713▲6.8% | $90,564,851▼15.6% | $3,891,858,061▲5.2% | 990 |
| 2017 | $1,588,998,688▼0.4% | $1,599,059,812▲3.5% | $107,285,103▲100% | $3,699,480,680▲18.5% | 990 |
| 2016 | $1,595,022,079▲14.8% | $1,544,725,352▲8.1% | $53,547,584▲94.9% | $3,121,907,133▲5.7% | 990 |
| 2015 | $1,388,891,041▼1.5% | $1,428,835,625▲6.0% | $27,476,788▲1087% | $2,952,605,871▲13.1% | 990 |
| 2014 | $1,409,538,190▲14.2% | $1,347,574,805▲8.1% | -$2,784,916▲69.6% | $2,610,606,815▲12.1% | 990 |
| 2013 | $1,234,444,602 | $1,246,564,442▲6.5% | -$9,154,480▲57.1% | $2,328,796,617▲19.6% | 990 |
| 2012 | — | $1,170,004,414▲7.0% | -$21,352,623▲57.2% | $1,947,347,894▲10.6% | 990 |
| 2011 | — | $1,093,144,628▲7.4% | -$49,880,618▲36.0% | $1,760,015,079▲16.2% | 990 |
| 2010 | — | $1,017,812,841▲8.7% | -$77,894,270▲22.2% | $1,514,816,228▲23.1% | 990 |
| 2009 | — | $936,717,801 | -$100,085,685 | $1,230,204,619 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Christopher D Howard — $2,449,448 (0.11% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Christopher D Howard | President & Ceo Shc | 40 | $2,449,448 |
| Brett G Mcclain | Chief Operating Officer Shc | 26 | $1,655,296 |
| William Littlejohn | Svp, Ceo Foundations | 5 | $1,623,356 |
| Rick L Grossman | Svp General Counsel | 45 | $1,326,965 |
| Michael Reagin | Svp Ciio | 48 | $1,326,329 |
| William S Evans | Svp Market Ceo | 12 | $1,186,360 |
| Lisa Allen | Former Key Employee | 0 | $1,153,174 |
| Patricia Khaleghi | Svp Market Ceo | 8 | $1,110,044 |
| Pablo Velez-carrillo | Former Key Employee | 0 | $1,010,479 |
| Stacey Hrountas | Ceo Srs | 60 | $1,006,069 |
| Staci L Dickerson | Former Officer | 0 | $958,272 |
| Susan Stone | Svp Health System Ops and System Chief Nursing Exec | 40 | $850,407 |
| Paul Durr | Ceo-scmg | 60 | $834,164 |
| Timothy B Smith | Ceo Smh Thru 06/2023 | 10 | $831,532 |
| Amy Adome | Svp Chief Clinical and Transformation Officer | 40 | $809,175 |
| Doug Watson | Svp & Cfo Shc Thru 2/2/2024 | 44 | $804,905 |
| Alison Fleury | Svp Business Development | 48 | $760,157 |
| Jolee Bollinger | Vp Deputy General Counsel | 40 | $698,908 |
| Cynthia Johnson | Svp Hr & Talent Mgmt | 45 | $691,567 |
| Alan Bier Md | Director | 4 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Mccarthy Building Companies | Construction | $82,320,021 |
| Sodexho & Affiliates | Management/catering | $76,044,792 |
| Sharp Rees-stealy Medical Group | Medical Services | $46,044,074 |
| Regents of Uc | Medical Services | $42,816,306 |
| Rightsourcing Inc | Staffing | $37,356,183 |
Grants received · $583K total
4 grants to Sharp Healthcare totaling $583K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Heart Association Inc | Diabetes quality collective | 2024 | $40,000 |
| American Heart Association Inc | Diabetes prevention program | 2023 | $40,000 |
| American Heart Association Inc | Diabetes program | 2022 | $40,000 |
| California Health Foundation and Trust | Aspr grant - funding for ppe equipment for covid-19 pandemic | 2020 | $462,869 |
Grants made · $381K in FY2023
16 grants totaling $381K in FY2023 — showing the 15 largest. All grants made by Sharp Healthcare →
| Recipient | Purpose | Amount |
|---|---|---|
| American Heart Association Inc | Fy24 san diego heart walk | $150,000 |
| Coalition For Health Ai Inc | Founding partner donations | $50,000 |
| Campanile Foundation | Sponsorship for the sdsu big data hackathon event | $40,000 |
| Coalition For Compassionate Care of California | 2024 sustaining support donation | $25,000 |
| YWCA of San Diego County | Sponsorship | $15,000 |
| American Cancer Society Inc | Making strides booth sponsorship | $10,000 |
| Connect Foundation | Sponsorship | $10,000 |
| Evonexus | Corporate partnership & board seat | $10,000 |
| San Diego Opera Association | Donations | $10,000 |
| Economic Development Corporation- San Diego County | 2024 annual dinner sponsorship | $10,000 |
| Centro De Salud De La Comunidad De San Ysidro Inc | Sponsorship | $10,000 |
| San Diego Museum of Art | Art live 2024 sponsorship | $10,000 |
| Oasis Institute | Sponsorship | $10,000 |
| San Diego Lesbian Gay Bisexual Transgender Pride | Sd pride parade sponsorship | $7,500 |
| Corporate Directors Forum | Director of the year 2024 sponsorship | $7,000 |
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Frequently asked questions
- Is Sharp Healthcare a legitimate nonprofit?
- Yes. Sharp Healthcare is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 95-6077327, based in San Diego, California. Donations are tax-deductible.
- What is Sharp Healthcare's EIN?
- Sharp Healthcare's Employer Identification Number (EIN) is 95-6077327.
- How much revenue does Sharp Healthcare report?
- Sharp Healthcare reported $1,758,705,575 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Sharp Healthcare's spending goes to programs?
- Sharp Healthcare spends about 71% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Sharp Healthcare have?
- CharityIndex grades Sharp Healthcare C, based on program efficiency and fundraising cost.
- How much does Sharp Healthcare's highest-paid employee make?
- The highest reported compensation on Sharp Healthcare's latest Form 990 is $2,449,448, paid to Christopher D Howard (President & Ceo Shc).
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Data for Sharp Healthcare (EIN 95-6077327) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.