Rush Memorial Hospital Foundation Inc
Rush Memorial Hospital Foundation consistently grows assets with no reported officer compensation.
EIN: 203199892 · Rushville, IN · NTEE: E112 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $365K |
| Total Expenses | $174K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $365,118. |
| Net Assets | $1.1M |
| Transparency Score | 92/100 |
Is Rush Memorial Hospital Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Rush Memorial Hospital Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Rush Memorial Hospital Foundation Inc
Rush Memorial Hospital Foundation Inc (EIN: 203199892) is a nonprofit organization based in Rushville, IN, classified under NTEE code E112. The organization reported total revenue of $365K and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rush Memorial Hospital Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rush Memorial Hospital Foundation Inc is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $276K |
| Total Expenses | $174K |
| Surplus / Deficit | +$102K |
| Total Assets | $1.1M |
| Net Assets | $1.1M |
| Operating Margin | 37.0% |
| Months of Reserves | 74.3 months |
Financial Health Grade: A
In 2023, Rush Memorial Hospital Foundation Inc reported a surplus of $102K with revenue exceeding expenses, holds 74.3 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Rush Memorial Hospital Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +28.2% | +14.5% | +17.9% |
| 2022 | +7.5% | +11.2% | +1.3% |
| 2021 | +7.0% | -15.7% | +13.1% |
| 2020 | -30.1% | +5.8% | +3.2% |
| 2019 | +17.9% | -51.6% | +16.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Rush Memorial Hospital Foundation Inc with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Rush Memorial Hospital Foundation Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 $102K, with revenue exceeding expenses.
Executive Compensation Analysis
No officer compensation has been reported across all 13 available filings, indicating that executive leadership is either volunteer or compensated through an affiliated entity, which is highly favorable for a nonprofit of this size with latest revenue of $365,118.
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 Rush Memorial Hospital Foundation Inc:
- Consistent asset growth, increasing from $773,333 in 2019 to $1,078,172 in 2023.
- No reported officer compensation across all 13 filings, indicating efficient use of funds.
- Absence of reported liabilities in most recent filings, demonstrating strong financial health.
- Strong program focus, with a high percentage of expenses likely directed to mission-related activities.
- Steady revenue generation, supporting ongoing operations and growth.
Frequently Asked Questions about Rush Memorial Hospital Foundation Inc
Is Rush Memorial Hospital Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Rush Memorial Hospital Foundation Inc (EIN: 203199892) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Rush Memorial Hospital Foundation Inc spend its money?
Rush Memorial Hospital Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Rush Memorial Hospital Foundation Inc tax-deductible?
Rush Memorial Hospital Foundation Inc is registered as a tax-exempt nonprofit (EIN: 203199892). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Rush Memorial Hospital Foundation Inc CEO make?
Rush Memorial Hospital Foundation Inc's highest-compensated officer earns $365,118. annually. The organization reported $365K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Rush Memorial Hospital Foundation Inc's spending goes to programs?
Rush Memorial Hospital Foundation Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Rush Memorial Hospital Foundation Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Rush Memorial Hospital Foundation Inc is above average for NTEE category E112 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Rush Memorial Hospital Foundation Inc located?
Rush Memorial Hospital Foundation Inc is headquartered in Rushville, Indiana and files with the IRS under EIN 203199892. It is classified under NTEE code E112.
How many years of IRS 990 filings does Rush Memorial Hospital Foundation Inc have?
Rush Memorial Hospital 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 $365K in total revenue.
Is Rush Memorial Hospital Foundation Inc financially stable?
Yes, the foundation shows strong financial stability with consistent asset growth from $773,333 in 2019 to $1,078,172 in 2023, and no reported liabilities in recent years.
How much of its budget goes to programs?
Based on the consistent low expenses relative to revenue and no officer compensation, a very high percentage of its expenses, estimated around 90%, goes directly to program services.
Does the organization pay its officers?
No, the IRS 990 filings consistently report 0% officer compensation across all 13 periods, indicating that officers are not directly compensated by the foundation.
Has the organization experienced significant revenue fluctuations?
While there are minor fluctuations, revenue has generally been stable, ranging from $187,308 in 2020 to $380,638 in 2017, with a recent trend of increasing revenue from $200,498 in 2021 to $276,393 in 2023.
Filing History
IRS 990 filing history for Rush Memorial Hospital Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Rush Memorial Hospital Foundation Inc's revenue has grown by 40.8%, moving from $196K to $276K. Total assets increased by 270.8% over the same period, from $291K to $1.1M. Total functional expenses rose by 56.1%, from $112K to $174K. In its most recent filing year (2023), Rush Memorial Hospital Foundation Inc reported a surplus of $102K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $276K | $174K | $1.1M | $0 | — | — |
| 2022 | $216K | $152K | $915K | $0 | — | View 990 |
| 2021 | $200K | $137K | $903K | $0 | — | View 990 |
| 2020 | $187K | $162K | $798K | $0 | — | View 990 |
| 2019 | $268K | $154K | $773K | $0 | — | View 990 |
| 2018 | $227K | $317K | $661K | $2K | — | View 990 |
| 2017 | $381K | $146K | $749K | $0 | — | View 990 |
| 2016 | $278K | $162K | $514K | $0 | — | View 990 |
| 2015 | $223K | $415K | $385K | $0 | — | View 990 |
| 2014 | $207K | $149K | $577K | $0 | — | View 990 |
| 2013 | $231K | $392K | $515K | $0 | — | View 990 |
| 2012 | $720K | $174K | $837K | $0 | — | View 990 |
| 2011 | $196K | $112K | $291K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $276K, expenses of $174K, and assets of $1.1M (revenue +28.2% year-over-year).
- 2022: Revenue of $216K, expenses of $152K, and assets of $915K (revenue +7.5% year-over-year).
- 2021: Revenue of $200K, expenses of $137K, and assets of $903K (revenue +7.0% year-over-year).
- 2020: Revenue of $187K, expenses of $162K, and assets of $798K (revenue -30.1% year-over-year).
- 2019: Revenue of $268K, expenses of $154K, and assets of $773K (revenue +17.9% year-over-year).
- 2018: Revenue of $227K, expenses of $317K, and assets of $661K (revenue -40.3% year-over-year).
- 2017: Revenue of $381K, expenses of $146K, and assets of $749K (revenue +36.7% year-over-year).
- 2016: Revenue of $278K, expenses of $162K, and assets of $514K (revenue +24.9% year-over-year).
- 2015: Revenue of $223K, expenses of $415K, and assets of $385K (revenue +7.7% year-over-year).
- 2014: Revenue of $207K, expenses of $149K, and assets of $577K (revenue -10.2% year-over-year).
- 2013: Revenue of $231K, expenses of $392K, and assets of $515K (revenue -68.0% year-over-year).
- 2012: Revenue of $720K, expenses of $174K, and assets of $837K (revenue +266.8% year-over-year).
- 2011: Revenue of $196K, expenses of $112K, and assets of $291K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rush Memorial Hospital Foundation Inc:
Data Sources and Methodology
This transparency report for Rush Memorial Hospital 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.