Rush Care Inc
Analysis
Rush Care Inc is a registered charity in United States, based in Meridian, MS. It received its IRS tax-exemption ruling in December 1994, 32 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2022, Rush Care Inc reported income of $14.1m and spending of $18.7m, spending 133% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $36.4m to $14.1m (-61%), an average of -27% a year. The sharpest change came in the year to December 2020, when income dropped by 48%. Over the whole period it spent 98% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Rush Care Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within MS. Charities of a similar size with the same main cause include Health Systems Real Estate Inc ($14.1m), Johns Hopkins Hospital Endowment Fund Incorporated ($14.1m) and Bvm-Phs Senior Housing Inc ($14.1m).
On its Form 990 for the period ending December 2022, revenue came from contributions and grants 18% and program service revenue 75% of the total. Other salaries and wages came to $5.6m. At year end it held assets of $5.9m against liabilities of $217k, net assets of $5.7m. It reported 127 employees.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 18%
- Program services 75%
- Other 7.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Health Systems Real Estate Inc | Gray | $14.1m |
| Johns Hopkins Hospital Endowment Fund Incorporated | Baltimore | $14.1m |
| Bvm-Phs Senior Housing Inc | Roseville | $14.1m |
| Monongalia Home Corporation | Morgantown | $14.1m |