Holy Cross Health Inc

Organization Overview

Holy Cross Health Inc, operating under the name See Schedule O, is located in Silver Spring, MD. The organization was established in 2013. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 06/2021, See Schedule O employed 4,754 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. See Schedule O 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 06/2020, See Schedule O generated $628.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $580.3m during the year ending 06/2020. While expenses have increased by 1.7% 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 2018, See Schedule O has awarded 18 individual grants totaling $2,892,413. 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

2020

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE HEALTH CARE AND HOSPITAL SERVICES

Describe the Organization's Program Activity:

Part 3 - Line 4a

HOLY CROSS HEALTH IS A NOT-FOR-PROFIT HEALTH SYSTEM IN MONTGOMERY COUNTY, MD., DEDICATED TO IMPROVING THE HEALTH OF ITS COMMUNITY FOR MORE THAN 60 YEARS. HOLY CROSS SERVES OVER 160,000 PATIENTS EACH YEAR THROUGH A FULL RANGE OF INPATIENT, OUTPATIENT AND INNOVATIVE COMMUNITY-BASED SERVICES. HOLY CROSS HAS GROWN FROM A SINGLE HOSPITAL LOCATED IN SILVER SPRING, MD., INTO A SYSTEM OF HOSPITALS AND HEALTH CENTERS IN LOCATIONS THROUGHOUT THE COMMUNITY. HOLY CROSS GERMANTOWN HOSPITAL OPENED OCTOBER 1, 2014 AND IS THE FIRST HOSPITAL IN THE NATION TO BE LOCATED ON A COLLEGE CAMPUS. CARE IS ENHANCED BY AN EDUCATIONAL PARTNERSHIP, AND INCLUDES HIGH-QUALITY MEDICAL, SURGICAL, OBSTETRIC, EMERGENCY, AND BEHAVIORAL HEALTH SERVICES. HOLY CROSS HEALTH CENTERS ARE LOCATED IN SILVER SPRING, GAITHERSBURG, GERMANTOWN AND ASPEN HILL.FOR MORE INFORMATION SEE SCHEDULE H AND THE HOSPITAL WEBSITE: WWW.HOLYCROSSHEALTH.ORG.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Strategic Staffing Solutions
Recruiting Services
$4,447,002
Holy Cross Anesthesiology Asso
Clinical Services
$2,756,445
Usacs Integrated Acute Care Svcs
Health Care Services
$2,582,806
Whiting Turner Contracting Co
Construction Services
$2,580,678
Childrens Natl Med
Clinical Services
$2,181,036
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$26,418,696
Investment income $5,604,736
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $1,553,391
Net Gain/Loss on Asset Sales $2,419,692
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $628,720,499

Grants Awarded

Over the last fiscal year, Holy Cross Health Inc has awarded $202,500 in support to 2 organizations.

Grant RecipientAmount

SISTERS OF THE HOLY CROSS

PURPOSE: SUPPORT FOR THE FORMAL MINISTRIES OF THE SISTERS OF THE HOLY CROSS

$155,000

NATIONAL INSTITUTES OF HEALTH

PURPOSE: SUPPORT PALLIATIVE CARE FELLOWS EMPLOYED BY NATIONAL INSTITUTE OF HEALTH (NIH) AND PRACTICING AT HOLY CROSS PURSUANT TO THE INTERINSTITUTIONAL TRAINING AGREEMENT BETWEEN HOLY CROSS AND THE NIH

$47,500
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 6 grants that Holy Cross Health Inc has recieved totaling $1,349,802.

Awarding OrganizationAmount
Primary Care Coalition Of Montgomery County Md Inc

Silver Spring, MD

PURPOSE: MONTGOMERY CARES

$1,242,765
Morgan Stanley Global Impact Funding Trust Inc

Indianapolis, IN

PURPOSE: UNRESTRICTED GENERAL SUPPORT

$50,136
Mobile Medical Care Inc

Bethesda, MD

PURPOSE: Healthcare Services

$17,620
Greater Washington Community Foundation

Washington, DC

PURPOSE: GENERAL SUPPORT

$17,478
Greater Dc Diaper Bank

Washington, DC

PURPOSE: DIAPER NEEDS

$14,434
For The Girls

Wheaton, MD

PURPOSE: To provide dignity and comfort to folks in need.

$7,369
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$54,184
Earnings$29,767
Ending Balance$83,951

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