Inspira Health Foundation Inc
Inspira Health Foundation: Strong Asset Growth, Variable Revenue, and Clear Financials
EIN: 222333409 · Mullica Hill, NJ · NTEE: E22I · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $7.2M |
| Total Expenses | $4.9M |
| Program Spending | 80% |
| Net Assets | $35.1M |
| Transparency Score | 85/100 |
Is Inspira Health Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Inspira Health Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Inspira Health Foundation Inc
Inspira Health Foundation Inc (EIN: 222333409) is a nonprofit organization based in Mullica Hill, NJ, classified under NTEE code E22I. The organization reported total revenue of $7.2M and total assets of $40.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Inspira Health Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Inspira Health Foundation Inc is a mid-size nonprofit that has been operating for 44 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 24.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.3M |
| Total Expenses | $4.9M |
| Surplus / Deficit | $-1,564,641 |
| Total Assets | $39.4M |
| Total Liabilities | $4.4M |
| Net Assets | $35.1M |
| Operating Margin | -47.0% |
| Debt-to-Asset Ratio | 11.0% |
| Months of Reserves | 96.6 months |
Financial Health Grade: B
In 2023, Inspira Health Foundation Inc reported a deficit of $1.6M with expenses exceeding revenue, holds 96.6 months of operating reserves (strong position), has a debt-to-asset ratio of 11.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Inspira Health Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 24.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.0% | +27.2% | +10.6% |
| 2022 | -8.5% | -8.4% | -17.7% |
| 2021 | -13.5% | -47.4% | +2.4% |
| 2020 | +187.2% | +77.6% | -5.7% |
| 2019 | -67.2% | +309.4% | +235.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1982 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Inspira Health Foundation Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Inspira Health Foundation Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1.6M, with expenses exceeding revenue.
- Debt-to-asset ratio: 11.0%.
Executive Compensation Analysis
Executive compensation details are not provided in the given data, preventing a specific assessment. Further investigation into Form 990 filings would be necessary to evaluate executive salaries.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Inspira Health Foundation Inc:
- Consistent asset growth, from $9,450,362 in 2017 to $40,327,648 in 2023, indicating strong financial health and investment.
- Maintains a healthy liability-to-asset ratio, with liabilities consistently a small fraction of total assets.
- Clear and consistent financial reporting over multiple years, enhancing accountability.
Frequently Asked Questions about Inspira Health Foundation Inc
Is Inspira Health Foundation Inc a legitimate charity?
Inspira Health Foundation Inc (EIN: 222333409) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $7.2M. No red flags identified. 3 strengths noted. Financial health grade: B.
How does Inspira Health Foundation Inc spend its money?
Inspira Health Foundation Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Inspira Health Foundation Inc tax-deductible?
Inspira Health Foundation Inc is registered as a tax-exempt nonprofit (EIN: 222333409). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Inspira Health Foundation Inc's spending goes to programs?
Inspira Health Foundation Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Inspira Health Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Inspira Health Foundation Inc is above average for NTEE category E22I nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Inspira Health Foundation Inc located?
Inspira Health Foundation Inc is headquartered in Mullica Hill, New Jersey and files with the IRS under EIN 222333409. It is classified under NTEE code E22I.
How many years of IRS 990 filings does Inspira Health Foundation Inc have?
Inspira Health Foundation Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $7.2M in total revenue.
What does Inspira Health Foundation Inc do?
Inspira Health Foundation Inc is a nonprofit organization in the Health Care sector, located in Mullica Hill, New Jersey. It is classified under NTEE code E22I.
How much revenue does Inspira Health Foundation Inc have?
Inspira Health Foundation Inc reported total revenue of $7,246,585. Based on 13 IRS 990 filings on record.
What are Inspira Health Foundation Inc's total assets?
Inspira Health Foundation Inc holds total assets of $40,327,648 as reported in IRS 990 filings.
Where is Inspira Health Foundation Inc located?
Inspira Health Foundation Inc is based in Mullica Hill, New Jersey.
What is Inspira Health Foundation Inc's EIN?
Inspira Health Foundation Inc's Employer Identification Number (EIN) is 222333409. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Inspira Health Foundation Inc?
Inspira Health Foundation Inc is classified under NTEE code E22I (Health Care).
Is Inspira Health Foundation Inc a registered 501(c)(3)?
Yes, Inspira Health Foundation Inc is recognized as a tax-exempt organization by the IRS. EIN: 222333409.
Does Inspira Health Foundation Inc file IRS Form 990?
Yes, Inspira Health Foundation Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Inspira Health Foundation Inc's revenue in 2023?
In the 202312 filing period, Inspira Health Foundation Inc reported total revenue of $3,331,977, total expenses of $4,896,618, and net assets of $39,434,008.
Is Inspira Health Foundation Inc's revenue growing or declining?
Inspira Health Foundation Inc's revenue is relatively stable. Revenue went from $3,470,264 (202212) to $3,331,977 (202312), a -4.0% change. Based on 13 filings on record.
What is Inspira Health Foundation Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Inspira Health Foundation Inc covers tax period 202312. It shows revenue of $3,331,977, expenses of $4,896,618, total assets of $39,434,008, and liabilities of $4,355,752.
How much does Inspira Health Foundation Inc spend on programs vs administration?
Based on IRS 990 analysis, Inspira Health Foundation Inc allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Inspira Health Foundation Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Inspira Health Foundation Inc appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 3 strengths noted.
What are Inspira Health Foundation Inc's strengths?
Positive indicators for Inspira Health Foundation Inc include: Consistent asset growth, from $9,450,362 in 2017 to $40,327,648 in 2023, indicating strong financial health and investment.. Maintains a healthy liability-to-asset ratio, with liabilities consistently a small fraction of total assets.. Clear and consistent financial reporting over multiple years, enhancing accountability.. These findings are derived from AI analysis of the organization's financial filings.
How does Inspira Health Foundation Inc compensate executives?
Executive compensation details are not provided in the given data, preventing a specific assessment. Further investigation into Form 990 filings would be necessary to evaluate executive salaries. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Inspira Health Foundation Inc?
The foundation consistently reports detailed financial statements, including revenue, expenses, assets, and liabilities, across multiple years. The filings clearly delineate program service accomplishments and financial activities. No significant red flags regarding transparency were identified in the provided data. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
How has Inspira Health Foundation managed to achieve such significant asset growth despite fluctuating revenues in recent years?
The foundation has demonstrated substantial asset growth, increasing from $9,450,362 in 2017 to $40,327,648 in 2023. This growth has occurred even with revenue fluctuations, such as a decrease from $7,744,163 in 2017 to $1,527,736 in 2019, and then a rebound to $7,246,585 in 2023. This suggests effective investment strategies, significant non-revenue contributions, or a strong focus on retaining and growing existing capital rather than solely relying on annual income.
What factors contributed to the significant increase in expenses in 2020 ($7,998,174) compared to prior years, and how did the foundation manage this without a proportional increase in liabilities?
In 2020, expenses surged to $7,998,174, a notable increase from $4,504,373 in 2019 and $1,100,315 in 2018. Despite this substantial rise in expenditures, liabilities remained relatively stable at $2,193,296, indicating that the increased expenses were likely covered by existing assets or current year revenues rather than incurring significant new debt. This suggests strong financial management and liquidity to absorb higher operational costs.
Filing History
IRS 990 filing history for Inspira Health Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Inspira Health Foundation Inc's revenue has grown by 1304.9%, moving from $237K to $3.3M. Total assets increased by 4488.7% over the same period, from $859K to $39.4M. Total functional expenses rose by 1837%, from $253K to $4.9M. In its most recent filing year (2023), Inspira Health Foundation Inc reported a deficit of $1.6M, with expenses exceeding revenue. The organization holds $4.4M in liabilities against $39.4M in assets (debt-to-asset ratio: 11.0%), resulting in net assets of $35.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.3M | $4.9M | $39.4M | $4.4M | — | — |
| 2022 | $3.5M | $3.8M | $35.7M | $1.9M | — | View 990 |
| 2021 | $3.8M | $4.2M | $43.3M | $2.2M | — | View 990 |
| 2020 | $4.4M | $8.0M | $42.3M | $2.2M | — | — |
| 2019 | $1.5M | $4.5M | $44.9M | $2.2M | — | View 990 |
| 2018 | $4.7M | $1.1M | $13.4M | $928K | — | View 990 |
| 2017 | $7.7M | $659K | $9.5M | $46K | — | View 990 |
| 2016 | $713K | $512K | $2.4M | $196K | — | View 990 |
| 2015 | $965K | $291K | $2.1M | $69K | — | View 990 |
| 2014 | $533K | $313K | $1.8M | $400K | — | View 990 |
| 2013 | $651K | $138K | $1.5M | $377K | — | View 990 |
| 2012 | $333K | $189K | $944K | $882K | — | View 990 |
| 2011 | $237K | $253K | $859K | $915K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.3M, expenses of $4.9M, and assets of $39.4M (revenue -4.0% year-over-year).
- 2022: Revenue of $3.5M, expenses of $3.8M, and assets of $35.7M (revenue -8.5% year-over-year).
- 2021: Revenue of $3.8M, expenses of $4.2M, and assets of $43.3M (revenue -13.5% year-over-year).
- 2020: Revenue of $4.4M, expenses of $8.0M, and assets of $42.3M (revenue +187.2% year-over-year).
- 2019: Revenue of $1.5M, expenses of $4.5M, and assets of $44.9M (revenue -67.2% year-over-year).
- 2018: Revenue of $4.7M, expenses of $1.1M, and assets of $13.4M (revenue -39.9% year-over-year).
- 2017: Revenue of $7.7M, expenses of $659K, and assets of $9.5M (revenue +986.2% year-over-year).
- 2016: Revenue of $713K, expenses of $512K, and assets of $2.4M (revenue -26.1% year-over-year).
- 2015: Revenue of $965K, expenses of $291K, and assets of $2.1M (revenue +81.0% year-over-year).
- 2014: Revenue of $533K, expenses of $313K, and assets of $1.8M (revenue -18.2% year-over-year).
- 2013: Revenue of $651K, expenses of $138K, and assets of $1.5M (revenue +95.3% year-over-year).
- 2012: Revenue of $333K, expenses of $189K, and assets of $944K (revenue +40.6% year-over-year).
- 2011: Revenue of $237K, expenses of $253K, and assets of $859K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Inspira Health Foundation Inc:
Data Sources and Methodology
This transparency report for Inspira Health Foundation Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.