Rush Memorial Hospital Foundation Inc

Analysis

Rush Memorial Hospital Foundation Inc is a registered charity in United States, based in Rushville, IN. It received its IRS tax-exemption ruling in November 2005, 21 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Rush Memorial Hospital Foundation Inc reported income of $276k and spending of $174k, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $268k to $276k (+3.1%), an average of +0.8% a year. The sharpest change came in the year to December 2020, when income dropped by 30%. Over the whole period it spent 68% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Rush Memorial Hospital Foundation Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within IN. Charities of a similar size with the same main cause include BMC Integrated Care Services Inc ($276k), Adams County Memorial Hospital and Development Foundation ($276k) and Shepherds Fold Ministry Inc ($276k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 32% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.