Inspira Health Network Inc

Analysis

Inspira Health Network Inc is a registered charity in United States, based in Bridgeton, NJ. It received its IRS tax-exemption ruling in December 1988, 38 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Inspira Health Network Inc reported income of $8.5m and spending of $7.1m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.8m to $8.5m (+122%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 376%. Over the whole period it spent 58% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Inspira Health Network Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within NJ. Charities of a similar size with the same main cause include United Ambulance ($8.5m), Sanford Consortium for Regenerative Medicine ($8.5m) and Celebrating Life Community Health Center ($8.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 8.0% of the total. At year end it held assets of $108.2m against liabilities of $15.5m, net assets of $92.7m.