RUSH UNIVERSITY MEDICAL CENTER
1700 W VAN BUREN ST STE 265, CHICAGO, IL · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $2,758,712,727 | $2,347,044,424 | $3,295,855,783 |
| FY2024 | $3,000,055,750 | $2,788,845,401 | $2,858,975,730 |
| FY2023 | $2,664,946,106 | $2,591,162,936 | $2,593,015,384 |
| FY2022 | $2,591,581,148 | $2,388,546,504 | $2,355,950,894 |
| FY2021 | $2,430,858,288 | $2,245,348,373 | $2,395,057,774 |
| FY2020 | $2,129,968,938 | $2,206,271,524 | $1,913,263,111 |
| FY2019 | $2,117,967,270 | $1,997,276,594 | $2,091,843,169 |
| FY2018 | $1,978,966,560 | $1,803,317,731 | $1,979,015,902 |
| FY2017 | $1,829,847,841 | $1,719,304,018 | $1,796,655,357 |
| FY2016 | $1,682,859,788 | $1,602,797,610 | $1,552,267,047 |
| FY2015 | $1,761,679,658 | $1,649,131,757 | $1,609,319,633 |
| FY2014 | $1,673,042,670 | $1,539,208,667 | $1,666,747,596 |
| FY2013 | $1,583,843,505 | $1,458,965,005 | $1,501,843,089 |
| FY2012 | $1,490,098,198 | $1,407,395,723 | $1,315,424,482 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $96,111,325 | 4% |
| Program service revenue | $2,138,346,433 | 96% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $2,145,459,149 | 91% |
| Management & general | $186,290,109 | 8% |
| Fundraising | $15,295,166 | 1% |
What the numbers show
- Program service revenue made up 96% of total revenue in FY2025.
- Program services accounted for 91% of functional expenses, management & general 8%, and fundraising 1%.
- 91% of functional expenses went to program services in FY2025. That is higher than 76.1% of 188 Health Care organizations in IL.
- Net assets covered about 16.9 months of expenses at the end of the reporting year. That puts it in the 56th percentile among 691 Health Care organizations in IL.
- Total revenue was higher than 99.6% of 709 Health Care organizations in IL.
- Total revenue rose from $1,490,098,198 in FY2012 to $2,758,712,727 in FY2025, Revenue increased in 11 and decreased in 2 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 1 of 14 reported years (FY2020).
- The highest revenue on record here is $3,000,055,750 in FY2024.
- Net assets grew from $1,315,424,482 to $3,295,855,783 between FY2012 and FY2025.
- Donations are generally tax-deductible (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
The mission of Rush is to improve the health of the individuals and diverse communities we serve through the integration of outstanding patient care, education, research and community partnerships.
IRS status
| Ruling year | 1960 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | E22 — Health Care (in IL) |
| Donations | Donations are generally tax-deductible (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded September 20, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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