Lifebridge Health Inc

Organization Overview

Lifebridge Health Inc is located in Baltimore, MD. The organization was established in 1986. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. As of 06/2021, Lifebridge Health Inc employed 1,196 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lifebridge Health Inc 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 06/2021, Lifebridge Health Inc generated $264.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $255.0m during the year ending 06/2021. While expenses have increased by 6.2% 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, Lifebridge Health Inc has awarded 133 individual grants totaling $18,174,533. 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 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SEE SCHEDULE O

Describe the Organization's Program Activity:

THE ORGANIZATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL, AND SCIENTIFIC PURPOSES, TO ESTABLISH AND MANAGE A HEALTH CARE SYSTEM IN SUPPORT OF THE FOLLOWING 501 (C)(3) ORGANIZATIONS: SINAI HOSPITAL OF BALTIMORE, INC., NORTHWEST HOSPITAL CENTER, INC., LEVINDALE HEBREW GERIATRIC CENTER AND HOSPITAL, INC., CARROLL HOSPITAL CENTER, INC., GRACE MEDICAL CENTER INC., BALTIMORE CHILD ABUSE CENTER, INC., AND WEST BALTIMORE RENAISSANCE FOUNDATION, INC.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$360,899
Noncash contributions included in lines 1a–1f $9,943
Total Revenue from Contributions, Gifts, Grants & Similar$360,899
Total Program Service Revenue$260,503,856
Investment income $4,610,539
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income -$814,836
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $264,714,796

Grants Awarded

Over the last fiscal year, Lifebridge Health Inc has awarded $7,270,115 in support to 13 organizations.

Grant RecipientAmount

WEST BALTIMORE RENAISSANCE FOUNDATION

Org PageRecipient Profile

Baltimore, MD

PURPOSE: EXEMPT PURPOSE

$6,716,632

AMERICAN HEART ASSOCIATION

Org PageRecipient Profile

Dallas, TX

PURPOSE: EXEMPT PURPOSE

$427,083

RONALD MCDONALD HOUSE CHARITIES BALTIMORE

Org PageRecipient Profile

Baltimore, MD

PURPOSE: EXEMPT PURPOSE

$25,000

JCC OF GREATER BALTIMORE

Org PageRecipient Profile

Owings Mills, MD

PURPOSE: EXEMPT PURPOSE

$18,000

COOL KIDS CAMPAIGN FOUNDATION INC

Org PageRecipient Profile

Towson, MD

PURPOSE: EXEMPT PURPOSE

$10,650

BOYS AND GIRLS CLUB OF WESTMINNSTER

Org PageRecipient Profile

Westminster, CA

PURPOSE: EXEMPT PURPOSE

$10,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 31 grants that Lifebridge Health Inc has recieved totaling $1,296,800.

Awarding OrganizationAmount
David And Barbara B Hirschhorn Foundation Inc

Baltimore, MD

PURPOSE: CAPITAL SUPPORT FOR THE CENTER FOR HOPE

$200,000
Blum Family Foundation Inc

Baltimore, MD

PURPOSE: HEALTH, EDUCATIONAL

$150,000
Aaron Straus And Lillie Straus Foundation Inc

Baltimore, MD

PURPOSE: ALL GENERAL SUPPORT

$134,500
$100,000
Baltimore Community Foundation Inc

Baltimore, MD

PURPOSE: GENERAL SUPPORT AND VARIOUS PROJECTS

$80,000
Sandra And Malcolm Berman Charitable Foundation Inc

Baltimore, MD

PURPOSE: TO SUPPORT THE HOSPITAL'S MEDICAL RESEARCH

$70,000
View Grant Recipient Profile

Peer Organizations

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Hh Medstar Health Inc
Columbia, MD
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Danville, PA
$715,016,181
Virginia Hospital Center Arlington Health System
Arlington, VA
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West Virginia University Medical Corporation
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$561,406,992
Wellspan Health
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$507,378,748
St Clair Health Corporation
Pittsburgh, PA
$406,482,026
Carilion Services Inc
Roanoke, VA
$302,052,496
West Virginia United Health System Inc
Morgantown, WV
$251,827,259
Medstar Health Inc
Columbia, MD
$275,133,645
Lifebridge Health Inc
Baltimore, MD
$264,714,796

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