Rush Health Systems Inc

Analysis

Rush Health Systems Inc is a registered charity in United States, based in Meridian, MS. It received its IRS tax-exemption ruling in July 1983, 43 years ago. 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 2022, Rush Health Systems Inc reported income of $41.4m and spending of $43.9m, spending 106% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $41.6m to $41.4m (-0.5%), an average of -0.2% a year. The sharpest change came in the year to December 2022, when income dropped by 29%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rush Health Systems Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within MS. Charities of a similar size with the same main cause include Genesis Health Development Inc ($41.4m), Margaret Woodbury Strong Museum ($41.5m) and Alpha Project for the Homeless ($41.4m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 1.1% and program service revenue 95% of the total. Other salaries and wages came to $13.5m. At year end it held assets of $124.7m against liabilities of $90.4m, net assets of $34.3m. It reported 303 employees.