Sharp Memorial Hospital
91% goes to programs $0 to raise $100 Strong reserves
Sharp Memorial Hospital is a 501(c)(3) organization based in San Diego, California, registered in 1984, with $1,590,709,458 in FY2023 revenue. CharityIndex grades it A+, and it directs about 91% of spending to programs.
8695 Spectrum Center Blvd, San Diego, CA, 92123 EIN 95-3782169 Since 1984
Revenue (FY2023)
$1.6B
▲ 3.3% vs prior year
Health median: $840K
Expenses (FY2023)
$1.4B
Net assets
$4.0B
Employees
6,659
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A+
A+Program efficiency40% of the rating91% to programs · $0 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 Memorial Hospital: 91% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating33 mo reserves · +9% 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 Memorial Hospital: 33 mo reserves · +9% margin earns a A 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 Memorial Hospital: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 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 Memorial Hospital: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Sharp memorial hospital provides comprehensive medical services to the san diego community.
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 $1.1B (FY2013) to $1.6B (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $710.7MNet assets $4.0B
Operating margin
8.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$4.7B
Total liabilities
$710.7M
Net assets
$4.0B
Salaries & benefits
$698.0M
48% of expenses
Board members
16
11 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $1,590,709,458▲3.3% | $1,448,413,251▲9.8% | $3,970,177,473▲12.0% | $4,680,922,482▲18.2% | 990 |
| 2022 | $1,539,570,652▲7.0% | $1,318,965,927▲4.7% | $3,544,394,372▲9.3% | $3,959,324,151▲7.3% | 990 |
| 2021 | $1,438,940,478▼5.0% | $1,259,904,561▲2.2% | $3,244,191,735▼3.4% | $3,688,824,619▼4.8% | 990 |
| 2020 | $1,514,036,093▲10.4% | $1,232,494,937▲6.4% | $3,359,097,955▲13.8% | $3,875,566,851▲11.3% | 990 |
| 2019 | $1,371,656,268▲4.7% | $1,157,911,232▲5.0% | $2,952,084,784▲10.2% | $3,482,350,019▲11.5% | 990 |
| 2018 | $1,310,160,010▼2.6% | $1,102,262,379▼1.0% | $2,679,606,494▲10.5% | $3,122,712,639▲8.3% | 990 |
| 2017 | $1,344,781,960▲5.6% | $1,113,906,882▲9.6% | $2,424,859,275▲11.9% | $2,882,644,852▲10.0% | 990 |
| 2016 | $1,273,169,368▲3.9% | $1,015,936,628▲3.5% | $2,167,534,144▲12.8% | $2,620,683,964▲9.4% | 990 |
| 2015 | $1,224,836,388▼0.6% | $981,400,254▲2.1% | $1,922,299,763▲17.2% | $2,395,536,073▲11.9% | 990 |
| 2014 | $1,231,784,760▲14.5% | $961,603,109▲11.4% | $1,639,829,947▲16.6% | $2,141,283,477▲13.0% | 990 |
| 2013 | $1,076,212,541 | $863,316,323▲0.6% | $1,406,477,763▲18.8% | $1,894,152,372▲16.6% | 990 |
| 2012 | — | $858,149,598▲5.0% | $1,184,392,250▲19.7% | $1,623,901,282▲11.9% | 990 |
| 2011 | — | $817,439,166▲6.0% | $989,537,030▲25.8% | $1,451,256,442▲16.7% | 990 |
| 2010 | — | $771,424,501▲7.5% | $786,346,951▲23.1% | $1,243,532,115▲16.8% | 990 |
| 2009 | — | $717,326,646 | $638,668,893 | $1,064,335,194 | 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: Craig Saffer Md — $116,700 (0.01% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Craig Saffer Md | Director Thru 12/2023, Chief of Staff | 3 | $116,700 |
| Charles Athill Md | Director | 5 | $48,261 |
| Joe Bellezzo Md | Director Thru 07/01/2024 | 2 | $39,000 |
| Emily Cole Md | Secretary | 2 | $22,650 |
| Howard Smart Md | Director Thru 12/2023 | 1 | $14,475 |
| Jershonda Hartsfield Md | Director As of 01/2024 | 2 | $7,800 |
| Aasif Parekh | Director Thru 01/2024 | 2 | — |
| Anthony Guerra | Chief Finance-market Growth Officer-smh | 50 | — |
| Brett G Mcclain | Former Officer | 5 | — |
| Casey Castillo | Director | 1 | — |
| Christiana Paul | Vp Patient Care Continuum | 40 | — |
| Christopher D Howard | President & Ceo Shc | 1 | — |
| Christopher Walker | Director As of 05/2024, Coo | 2 | — |
| Danny Dubon | Perfusionist | 40 | — |
| Derek Quackenbush | Director | 2 | — |
| Doug Watson | Svp & Cfo Shc Thru 2/2/2024 | 2 | — |
| Fadi Nicolas | Cmo Sharp Behavioral Health | 40 | — |
| Frederick Johnson Md | Director | 1 | — |
| Gregory Blank | Chief Administrative Officer | 40 | — |
| James Smith III | Director | 2 | — |
Grants received · $722K total
10 grants to Sharp Memorial Hospital totaling $722K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| University of Pittsburgh | Research- subcontract | 2023 | $140,642 |
| University of Pittsburgh | Research- subcontract | 2022 | $133,405 |
| University of Pittsburgh | Research- subcontract | 2021 | $127,335 |
| University of Pittsburgh | Research- subcontract | 2020 | $86,074 |
| Health Center Partners of Southern California | Covid pandemic | 2020 | $61,826 |
| Health Center Partners of Southern California | Covid pandemic | 2020 | $61,826 |
| Health Center Partners of Southern California | Covid pandemic | 2019 | $81,202 |
| Network For Good Inc | Unrestricted | 2017 | $6,489 |
| Patient Access Network Foundation | Patient assistance | 2015 | $12,672 |
| The Childrens Hospital of Philadelphia | — | 2015 | $10,800 |
Grants made · $587K in FY2023
5 grants totaling $587K in FY2023. All grants made by Sharp Memorial Hospital →
| Recipient | Purpose | Amount |
|---|---|---|
| California Health Foundation & Trust | Medi-cal program | $453,862 |
| San Diego Family Care | Annual contribution | $65,000 |
| Alzheimers Disease and Related Disorders Association Inc | 2024 partnership | $31,500 |
| American Heart Association Inc | Pledge go red for women | $25,000 |
| Life Rolls On Foundation | Sponsorship of "they will surf again" | $12,000 |
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Frequently asked questions
- Is Sharp Memorial Hospital a legitimate nonprofit?
- Yes. Sharp Memorial Hospital is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 95-3782169, based in San Diego, California. Donations are tax-deductible.
- What is Sharp Memorial Hospital's EIN?
- Sharp Memorial Hospital's Employer Identification Number (EIN) is 95-3782169.
- How much revenue does Sharp Memorial Hospital report?
- Sharp Memorial Hospital reported $1,590,709,458 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Sharp Memorial Hospital's spending goes to programs?
- Sharp Memorial Hospital spends about 91% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Sharp Memorial Hospital have?
- CharityIndex grades Sharp Memorial Hospital A+, based on program efficiency and fundraising cost.
- How much does Sharp Memorial Hospital's highest-paid employee make?
- The highest reported compensation on Sharp Memorial Hospital's latest Form 990 is $116,700, paid to Craig Saffer Md (Director Thru 12/2023, Chief of Staff).
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Data for Sharp Memorial Hospital (EIN 95-3782169) 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.