Inspira Health Network Life Inc

Analysis

Inspira Health Network Life Inc is a registered charity in United States, based in Vineland, NJ. It received its IRS tax-exemption ruling in December 2009, 17 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Inspira Health Network Life Inc reported income of $34.7m and spending of $37.1m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $28.4m to $34.7m (+22%), an average of +5.1% a year. Over the whole period it spent 100% 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 Life Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within NJ. Charities of a similar size with the same main cause include Hillcrest Healthcare Communities Inc ($34.7m), Oak Orchard Community Inc ($34.7m) and Rural Health Care Incorporated ($34.7m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $16.1m against liabilities of $23.9m, net assets of -$7.8m.