Inspira Medical Center Woodbury Inc

Is Inspira Medical Center Woodbury Inc Legit?

Appears Legitimate

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Inspira Medical Center Woodbury Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Inspira Medical Center Woodbury Inc

Inspira Medical Center Woodbury Inc (EIN: 221820210) is a nonprofit organization based in Woodbury, NJ, classified under NTEE code E220. The organization reported total revenue of $243.7M and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Inspira Medical Center Woodbury Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

Inspira Medical Center Woodbury Inc is a major nonprofit that has been operating for 59 years, with 9 years of IRS 990 filings on record (2011–2019). Revenue has grown at a compound annual rate of 3.6%.

Key Financial Metrics (2019)

From the most recent IRS 990 filing on record:

Financial Health Grade: A

In 2019, Inspira Medical Center Woodbury Inc reported a surplus of $27.4M with revenue exceeding expenses, holds 0.0 months of operating reserves (limited).

Financial Trends

Over 9 years of filings (2011–2019), Inspira Medical Center Woodbury Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.6%.

IRS Tax-Exempt Classification

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 Medical Center Woodbury Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

• admin: 5%
• programs: 90%
• fundraising: 5%

According to IRS 990 filings, Inspira Medical Center Woodbury Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2019)

From the most recent IRS 990 filing on record:

• The organization reported a surplus of $27.4M, with revenue exceeding expenses.

Executive Compensation Analysis

Executive compensation cannot be assessed as specific compensation figures for executives are not provided in the given data.

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 Medical Center Woodbury Inc:

• Consistent revenue growth over the past several years, indicating financial stability.
• High percentage of expenses allocated to programs (estimated 90%), suggesting a strong focus on its core mission.

Frequently Asked Questions about Inspira Medical Center Woodbury Inc

Filing History

IRS 990 filing history for Inspira Medical Center Woodbury Inc showing financial trends over 9 years of public records:

Over 9 years of IRS 990 filings (2011–2019), Inspira Medical Center Woodbury Inc's revenue has grown by 32.4%, moving from $183.1M to $242.5M. Total assets decreased by 100% over the same period, from $243.5M to $0. Total functional expenses rose by 18.2%, from $182.1M to $215.2M. In its most recent filing year (2019), Inspira Medical Center Woodbury Inc reported a surplus of $27.4M, with revenue exceeding expenses.

Year-by-Year Financial Summary

• 2019: Revenue of $242.5M, expenses of $215.2M, and assets of $0 (revenue +3.9% year-over-year).
• 2018: Revenue of $233.4M, expenses of $203.9M, and assets of $687.7M (revenue +4.6% year-over-year).
• 2017: Revenue of $223.2M, expenses of $196.7M, and assets of $640.8M (revenue +11.3% year-over-year).
• 2016: Revenue of $200.5M, expenses of $183.6M, and assets of $294.8M (revenue +8.6% year-over-year).
• 2015: Revenue of $184.6M, expenses of $177.9M, and assets of $267.6M (revenue +5.8% year-over-year).
• 2014: Revenue of $174.5M, expenses of $174.8M, and assets of $264.8M (revenue +2.5% year-over-year).
• 2013: Revenue of $170.3M, expenses of $175.7M, and assets of $242.9M (revenue +1.6% year-over-year).
• 2012: Revenue of $167.6M, expenses of $171.7M, and assets of $243.2M (revenue -8.5% year-over-year).
• 2011: Revenue of $183.1M, expenses of $182.1M, and assets of $243.5M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Inspira Medical Center Woodbury Inc:

Data Sources and Methodology

This transparency report for Inspira Medical Center Woodbury 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.