Inspira Medical Centers Inc
Inspira Medical Centers Inc. shows consistent revenue growth and strong financial health with increasing assets.
EIN: 210634484 · Bridgeton, NJ · NTEE: E220 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.3B |
| Total Expenses | $1.1B |
| Program Spending | 88% |
| Net Assets | $1.1B |
| Transparency Score | 85/100 |
Is Inspira Medical Centers Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Inspira Medical Centers Inc directs 88% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Inspira Medical Centers Inc
Inspira Medical Centers Inc (EIN: 210634484) is a nonprofit organization based in Bridgeton, NJ, classified under NTEE code E220. The organization reported total revenue of $1.3B and total assets of $2.1B according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Inspira Medical Centers Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Inspira Medical Centers Inc is a major nonprofit that has been operating for 30 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1B |
| Total Expenses | $1.1B |
| Surplus / Deficit | +$48.8M |
| Total Assets | $1.9B |
| Total Liabilities | $807.1M |
| Net Assets | $1.1B |
| Operating Margin | 4.3% |
| Debt-to-Asset Ratio | 42.4% |
| Months of Reserves | 21.1 months |
Financial Health Grade: A
In 2023, Inspira Medical Centers Inc reported a surplus of $48.8M with revenue exceeding expenses, holds 21.1 months of operating reserves (strong position), has a debt-to-asset ratio of 42.4% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Inspira Medical Centers Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.7% | +10.0% | +4.7% |
| 2022 | +2.8% | +13.7% | -8.8% |
| 2021 | +15.6% | +13.6% | +5.5% |
| 2020 | +55.0% | +62.2% | +6.4% |
| 2019 | +4.9% | +9.7% | +79.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
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 Centers 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: 88%
- fundraising: 2%
According to IRS 990 filings, Inspira Medical Centers Inc allocates its expenses as follows: admin: 10%, programs: 88%, fundraising: 2%. With 88% 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 surplus of $48.8M, with revenue exceeding expenses.
- Debt-to-asset ratio: 42.4%.
Executive Compensation Analysis
The provided data consistently reports 0% officer compensation across all listed periods, which is unusual for an organization with over a billion dollars in annual revenue and nearly two billion in assets. This either indicates that executive compensation is reported under different categories not captured in this summary or that the organization's leadership is uncompensated, which would be highly atypical for a medical center of this size.
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.
Red Flags
The following concerns were identified during AI analysis of Inspira Medical Centers Inc's IRS 990 filings:
- Lack of specific officer compensation reporting in summary data (reported as 0% for all periods), which is unusual for an organization of this scale and requires deeper investigation into full 990 forms.
Strengths
The following positive indicators were identified for Inspira Medical Centers Inc:
- Consistent and significant revenue growth over the past decade, from $443M in 2014 to over $1.1B in 2023.
- Healthy operating surpluses in most reported periods, indicating effective financial management (e.g., $48.7M surplus in 202312).
- Substantial growth in assets, nearly tripling from $791M in 2014 to $1.9B in 2023, suggesting strong investment and expansion.
- Low liabilities relative to assets, indicating a strong balance sheet and financial stability (e.g., Liabilities of $807M vs. Assets of $1.9B in 202312).
Frequently Asked Questions about Inspira Medical Centers Inc
Is Inspira Medical Centers Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Inspira Medical Centers Inc (EIN: 210634484) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Inspira Medical Centers Inc spend its money?
Inspira Medical Centers Inc directs 88% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Inspira Medical Centers Inc tax-deductible?
Inspira Medical Centers Inc is registered as a tax-exempt nonprofit (EIN: 210634484). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Inspira Medical Centers Inc's spending goes to programs?
Inspira Medical Centers Inc directs 88% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Inspira Medical Centers Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Inspira Medical Centers Inc is above average for NTEE category E220 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Inspira Medical Centers Inc located?
Inspira Medical Centers Inc is headquartered in Bridgeton, New Jersey and files with the IRS under EIN 210634484. It is classified under NTEE code E220.
How many years of IRS 990 filings does Inspira Medical Centers Inc have?
Inspira Medical Centers 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 $1.3B in total revenue.
Is Inspira Medical Centers Inc. financially stable?
Yes, Inspira Medical Centers Inc. appears financially stable, consistently reporting significant revenue growth and operating surpluses. For example, in 202312, revenue was $1,132,322,569 against expenses of $1,083,547,264, demonstrating a healthy operating margin.
How has Inspira Medical Centers Inc.'s asset base changed over time?
The organization's asset base has grown substantially, from $791,753,000 in 201412 to $1,905,620,128 in 202312, indicating significant expansion and investment in its operations.
What is the trend in Inspira Medical Centers Inc.'s revenue?
Inspira Medical Centers Inc. has shown a strong upward trend in revenue, increasing from $443,315,901 in 201412 to $1,132,322,569 in 202312, reflecting substantial growth over the past decade.
Is there information on executive compensation?
The provided IRS 990 filing history consistently reports 0% for 'Officer Comp' across all periods. This suggests that executive compensation is either not reported in this specific field or that officers are uncompensated, which warrants further investigation into the full 990 forms for clarity.
Filing History
IRS 990 filing history for Inspira Medical Centers Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Inspira Medical Centers Inc's revenue has grown by 197.1%, moving from $381.1M to $1.1B. Total assets increased by 205.6% over the same period, from $623.5M to $1.9B. Total functional expenses rose by 202.4%, from $358.3M to $1.1B. In its most recent filing year (2023), Inspira Medical Centers Inc reported a surplus of $48.8M, with revenue exceeding expenses. The organization holds $807.1M in liabilities against $1.9B in assets (debt-to-asset ratio: 42.4%), resulting in net assets of $1.1B.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1B | $1.1B | $1.9B | $807.1M | — | — |
| 2022 | $987.3M | $985.4M | $1.8B | $794.1M | — | View 990 |
| 2021 | $960.6M | $866.7M | $2.0B | $842.0M | — | View 990 |
| 2020 | $830.9M | $762.8M | $1.9B | $846.7M | — | View 990 |
| 2019 | $536.2M | $470.3M | $1.8B | $803.1M | — | View 990 |
| 2018 | $511.3M | $428.8M | $992.4M | $365.7M | — | View 990 |
| 2017 | $487.7M | $411.8M | $972.2M | $377.8M | — | View 990 |
| 2016 | $486.5M | $409.9M | $854.5M | $327.6M | — | View 990 |
| 2015 | $454.2M | $395.3M | $801.5M | $343.6M | — | View 990 |
| 2014 | $443.3M | $389.7M | $791.8M | $370.4M | — | View 990 |
| 2013 | $412.1M | $389.9M | $728.7M | $348.2M | — | View 990 |
| 2012 | $411.1M | $379.8M | $686.0M | $350.0M | — | View 990 |
| 2011 | $381.1M | $358.3M | $623.5M | $327.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1B, expenses of $1.1B, and assets of $1.9B (revenue +14.7% year-over-year).
- 2022: Revenue of $987.3M, expenses of $985.4M, and assets of $1.8B (revenue +2.8% year-over-year).
- 2021: Revenue of $960.6M, expenses of $866.7M, and assets of $2.0B (revenue +15.6% year-over-year).
- 2020: Revenue of $830.9M, expenses of $762.8M, and assets of $1.9B (revenue +55.0% year-over-year).
- 2019: Revenue of $536.2M, expenses of $470.3M, and assets of $1.8B (revenue +4.9% year-over-year).
- 2018: Revenue of $511.3M, expenses of $428.8M, and assets of $992.4M (revenue +4.9% year-over-year).
- 2017: Revenue of $487.7M, expenses of $411.8M, and assets of $972.2M (revenue +0.2% year-over-year).
- 2016: Revenue of $486.5M, expenses of $409.9M, and assets of $854.5M (revenue +7.1% year-over-year).
- 2015: Revenue of $454.2M, expenses of $395.3M, and assets of $801.5M (revenue +2.5% year-over-year).
- 2014: Revenue of $443.3M, expenses of $389.7M, and assets of $791.8M (revenue +7.6% year-over-year).
- 2013: Revenue of $412.1M, expenses of $389.9M, and assets of $728.7M (revenue +0.2% year-over-year).
- 2012: Revenue of $411.1M, expenses of $379.8M, and assets of $686.0M (revenue +7.9% year-over-year).
- 2011: Revenue of $381.1M, expenses of $358.3M, and assets of $623.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Inspira Medical Centers Inc:
Data Sources and Methodology
This transparency report for Inspira Medical Centers 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.