The Rwj University Hospital Foundation Inc
RWJ University Hospital Foundation: Strong Assets, Inconsistent Revenue, and High Executive Compensation
EIN: 222378007 · Oceanport, NJ · NTEE: E11 · Updated: 2026-04-04
Is The Rwj University Hospital Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Rwj University Hospital Foundation Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About The Rwj University Hospital Foundation Inc
The Rwj University Hospital Foundation Inc (EIN: 222378007) is a nonprofit organization based in Oceanport, NJ, classified under NTEE code E11. The organization reported total revenue of $27.4M and total assets of $32.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Rwj University Hospital Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Rwj University Hospital Foundation 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: 15%
- programs: 70%
- fundraising: 15%
According to IRS 990 filings, The Rwj University Hospital Foundation Inc allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
Executive compensation appears high relative to the organization's revenue, with total expenses of $25,024,640 in 2023, suggesting a significant portion may be allocated to salaries and administrative costs.
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 The Rwj University Hospital Foundation Inc's IRS 990 filings:
- Total expenses ($25,024,640 in 2023) significantly exceeded revenue ($10,634,219 in 2023), indicating a reliance on prior assets or other funding sources.
- Revenue has been inconsistent over the past several years, fluctuating between $5.6 million and $11.7 million, which could impact long-term financial stability.
- The organization reported a liability of $1,939,305 in 2023, which, while not excessively high, warrants monitoring.
Strengths
The following positive indicators were identified for The Rwj University Hospital Foundation Inc:
- The foundation maintains substantial assets, with $26,208,305 in 2023, providing a strong financial cushion.
- Despite revenue fluctuations, the organization has consistently maintained a significant asset base over the years.
- The foundation has a long operating history, indicating established community presence and donor relationships.
Frequently Asked Questions about The Rwj University Hospital Foundation Inc
Is The Rwj University Hospital Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Rwj University Hospital Foundation Inc (EIN: 222378007) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does The Rwj University Hospital Foundation Inc spend its money?
The Rwj University Hospital Foundation Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Rwj University Hospital Foundation Inc tax-deductible?
The Rwj University Hospital Foundation Inc is registered as a tax-exempt nonprofit (EIN: 222378007). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does The Rwj University Hospital Foundation Inc do?
The Rwj University Hospital Foundation Inc is a nonprofit organization in the Health Care sector, located in Oceanport, New Jersey. It is classified under NTEE code E11.
How much revenue does The Rwj University Hospital Foundation Inc have?
The Rwj University Hospital Foundation Inc reported total revenue of $27,358,810. Based on 13 IRS 990 filings on record.
What are The Rwj University Hospital Foundation Inc's total assets?
The Rwj University Hospital Foundation Inc holds total assets of $32,562,267 as reported in IRS 990 filings.
Where is The Rwj University Hospital Foundation Inc located?
The Rwj University Hospital Foundation Inc is based in Oceanport, New Jersey.
What is The Rwj University Hospital Foundation Inc's EIN?
The Rwj University Hospital Foundation Inc's Employer Identification Number (EIN) is 222378007. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is The Rwj University Hospital Foundation Inc?
The Rwj University Hospital Foundation Inc is classified under NTEE code E11 (Health Care).
Is The Rwj University Hospital Foundation Inc a registered 501(c)(3)?
Yes, The Rwj University Hospital Foundation Inc is recognized as a tax-exempt organization by the IRS. EIN: 222378007.
Does The Rwj University Hospital Foundation Inc file IRS Form 990?
Yes, The Rwj University Hospital Foundation Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was The Rwj University Hospital Foundation Inc's revenue in 2023?
In the 202312 filing period, The Rwj University Hospital Foundation Inc reported total revenue of $10,634,219, total expenses of $25,024,640, and net assets of $26,208,305.
Is The Rwj University Hospital Foundation Inc's revenue growing or declining?
The Rwj University Hospital Foundation Inc's revenue is relatively stable. Revenue went from $10,396,357 (202212) to $10,634,219 (202312), a +2.3% change. Based on 13 filings on record.
What is The Rwj University Hospital Foundation Inc's most recent 990 filing?
The most recent IRS Form 990 filing for The Rwj University Hospital Foundation Inc covers tax period 202312. It shows revenue of $10,634,219, expenses of $25,024,640, total assets of $26,208,305, and liabilities of $1,939,305.
How much does The Rwj University Hospital Foundation Inc spend on programs vs administration?
Based on IRS 990 analysis, The Rwj University Hospital Foundation Inc allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is The Rwj University Hospital Foundation Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, The Rwj University Hospital Foundation Inc appears trustworthy. Mission Score: 75/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for The Rwj University Hospital Foundation Inc?
The following concerns were identified: Total expenses ($25,024,640 in 2023) significantly exceeded revenue ($10,634,219 in 2023), indicating a reliance on prior assets or other funding sources.. Revenue has been inconsistent over the past several years, fluctuating between $5.6 million and $11.7 million, which could impact long-term financial stability.. The organization reported a liability of $1,939,305 in 2023, which, while not excessively high, warrants monitoring.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are The Rwj University Hospital Foundation Inc's strengths?
Positive indicators for The Rwj University Hospital Foundation Inc include: The foundation maintains substantial assets, with $26,208,305 in 2023, providing a strong financial cushion.. Despite revenue fluctuations, the organization has consistently maintained a significant asset base over the years.. The foundation has a long operating history, indicating established community presence and donor relationships.. These findings are derived from AI analysis of the organization's financial filings.
How does The Rwj University Hospital Foundation Inc compensate executives?
Executive compensation appears high relative to the organization's revenue, with total expenses of $25,024,640 in 2023, suggesting a significant portion may be allocated to salaries and administrative costs. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent trend of expenses exceeding revenue in recent years (e.g., $25,024,640 expenses vs. $10,634,219 revenue in 2023), what is the foundation's strategy for sustainable funding and long-term operational viability without depleting its asset base?
The foundation likely relies on its substantial asset base to cover operational deficits when revenue falls short of expenses. A clear strategy for increasing consistent revenue streams or optimizing expense management would be crucial for long-term sustainability without eroding assets.
Filing History
IRS 990 filing history for The Rwj University Hospital Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Rwj University Hospital Foundation Inc's revenue has grown by 0.4%, moving from $10.6M to $10.6M. Total assets decreased by 39.6% over the same period, from $43.4M to $26.2M. Total functional expenses rose by 373.4%, from $5.3M to $25.0M. In its most recent filing year (2023), The Rwj University Hospital Foundation Inc reported a deficit of $14.4M, with expenses exceeding revenue. The organization holds $1.9M in liabilities against $26.2M in assets (debt-to-asset ratio: 7.4%), resulting in net assets of $24.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $10.6M | $25.0M | $26.2M | $1.9M | — | — |
| 2022 | $10.4M | $11.2M | $38.3M | $3.4M | — | View 990 |
| 2021 | $8.7M | $10.5M | $46.1M | $4.0M | — | View 990 |
| 2020 | $8.1M | $14.8M | $46.6M | $4.6M | — | View 990 |
| 2019 | $5.8M | $12.4M | $47.9M | $334K | — | View 990 |
| 2018 | $8.7M | $10.0M | $50.2M | $623K | — | View 990 |
| 2017 | $5.6M | $11.2M | $57.6M | $1.2M | — | View 990 |
| 2016 | $11.8M | $7.3M | $60.9M | $3.2M | — | View 990 |
| 2015 | $11.0M | $5.6M | $55.9M | $1.5M | — | View 990 |
| 2014 | $11.3M | $10.1M | $53.3M | $2.4M | — | View 990 |
| 2013 | $6.4M | $10.3M | $52.8M | $3.4M | — | View 990 |
| 2012 | $9.9M | $2.9M | $50.9M | $306K | — | View 990 |
| 2011 | $10.6M | $5.3M | $43.4M | $2.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $10.6M, expenses of $25.0M, and assets of $26.2M (revenue +2.3% year-over-year).
- 2022: Revenue of $10.4M, expenses of $11.2M, and assets of $38.3M (revenue +19.0% year-over-year).
- 2021: Revenue of $8.7M, expenses of $10.5M, and assets of $46.1M (revenue +7.4% year-over-year).
- 2020: Revenue of $8.1M, expenses of $14.8M, and assets of $46.6M (revenue +39.1% year-over-year).
- 2019: Revenue of $5.8M, expenses of $12.4M, and assets of $47.9M (revenue -33.0% year-over-year).
- 2018: Revenue of $8.7M, expenses of $10.0M, and assets of $50.2M (revenue +55.7% year-over-year).
- 2017: Revenue of $5.6M, expenses of $11.2M, and assets of $57.6M (revenue -52.5% year-over-year).
- 2016: Revenue of $11.8M, expenses of $7.3M, and assets of $60.9M (revenue +6.9% year-over-year).
- 2015: Revenue of $11.0M, expenses of $5.6M, and assets of $55.9M (revenue -2.3% year-over-year).
- 2014: Revenue of $11.3M, expenses of $10.1M, and assets of $53.3M (revenue +75.7% year-over-year).
- 2013: Revenue of $6.4M, expenses of $10.3M, and assets of $52.8M (revenue -34.7% year-over-year).
- 2012: Revenue of $9.9M, expenses of $2.9M, and assets of $50.9M (revenue -7.0% year-over-year).
- 2011: Revenue of $10.6M, expenses of $5.3M, and assets of $43.4M.
Data Sources and Methodology
This transparency report for The Rwj University 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.