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Rush University Medical Center

Chicago, IL · EIN 36-2174823 · 501(c)(3) · Hospital or medical research organization
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Rush University Medical Center reported $2.76 billion in revenue and $2.35 billion in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $91.41 went to program services, $7.94 to management and general costs and $0.65 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 77.5% of the total. The highest compensation it reported for one person was $4,819,778 (President & Chief Executive Officer, RUSH). 3,137 people received more than $100,000 in reportable compensation. Revenue rose 30% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $2.35B

For context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $2.76B

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,634 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
91.4%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
7.9%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
0.7%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.16$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
3.5%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.1%
Program service revenue share
Part VIII 2g ÷ 12
77.5%93.7%
Highest reported compensation
Part VII-A, columns D–F
$4,819,778$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.21%1.34%
People paid over $100,000
Part VII, line 2
3,13727
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
16.96.6
Independent voting board members
Part VI 1a–1b
40 of 4088.9%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$1.70B expenses · 79.2% of program spending · grants $17M · revenue $2.19B

Health Care: Rush University Medical Center (RUMC) is an academic medical center that brings together excellence in clinical care and research to address major health problems. The hospital operations of Rush University Medical Center are licensed by the State of Illinois to operate 678 beds and include the Johnston R. Bowman Health Center, which provides medical and rehabilitative care to older adults and people with short- and long-term disabilities, and Rush University Children's Hospital. According to COMPdata, RUMC is the fifth largest hospital provider in the eight county Chicago…

$265M expenses · 12.4% of program spending · grants $28,263 · revenue $199M

Research: Because Rush is an academic medical center, research and clinical care come together in innovative and inspiring ways that have the power to transform lives. Even if research work starts in a laboratory, it won't stay there. Discoveries in Rush's labs lead to advances in patient care, while observations in clinical settings inspire research studies designed to improve the way we treat patients. This approach, known as translational research, has led to breakthroughs in patient care at Rush throughout the years. Investigators at Rush are involved in more than 500 projects, including…

$103M expenses · 4.8% of program spending · grants $6,800 · revenue $80M

Education: Rush University (RU) is a health sciences university that includes Rush Medical College, the College of Nursing, and the College of Health Sciences. Founded in 1837, Rush Medical College has an acclaimed history as one of the first medical colleges in the Midwest and continues to make major contributions to medical science and education through research and clinical trials. The College of Nursing is one of the nation's top-ranked nursing colleges with a national reputation for clinical excellence that helps make our graduates highly sought after by top health care employers around…

$79M all other programs (line 4d)

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
President & Chief Executive Officer, RUSH
Officer, 40.0 hrs/week
$4,296,109$0$523,669$4,819,778
Chief Operating Officer, RUSH
Officer, 40.0 hrs/week
$1,704,633$0$248,965$1,953,598
SVP Hospital Operations, CNO
Highest compensated employee, 40.0 hrs/week
$1,753,857$0$94,830$1,848,687
SVP and COO, Rush Medical Group (end 9/24)
Officer, 0.0 hrs/week
$1,295,274$0$385,241$1,680,515
Chief Financial Officer, RUSH
Officer, 40.0 hrs/week
$1,386,497$0$217,190$1,603,687
Chairperson Cardiovascular/Thoracic Surgery
Highest compensated employee, 40.0 hrs/week
$1,521,794$0$52,630$1,574,424
VP Revenue Cycle, RUSH (end 8/24)
Officer, 40.0 hrs/week
$1,148,826$0$348,585$1,497,411
Dean, Rush Medical College
Officer, 40.0 hrs/week
$1,218,198$0$231,332$1,449,530

3,137 people received more than $100,000 in reportable compensation from Rush University Medical Center (Part VII, line 2). Compensation of current officers, directors and key employees totaled $27M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$1.00B$2.00B$3.00B$4.00BFY2020FY2021FY2022FY2023FY2024FY2025$2.76B$2.35B
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$2.76B$2.35B91.4%$3.30B$4,819,778
FY2024 ⓘ$3.00B$2.79B93.7%$2.86B$4,164,068
FY2023 ⓘ$2.66B$2.59B93.3%$2.59B$3,383,039
FY2022 ⓘ$2.59B$2.39B89.7%$2.36B$3,446,911
FY2021 ⓘ$2.43B$2.25B91.9%$2.40B$1,622,010
FY2020 ⓘ$2.13B$2.21B91.1%$1.91B$2,990,506

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b40 · 40 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2Yes
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18Yes
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 515,611
  • Volunteers Part I, line 62,004

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
Allegiance Benefit Plan Management
Claims Management
$94,041,353
Jones Lang LaSalle Americas
Management Services
$60,500,693
Leopardo Companies Inc
Construction Management
$26,790,197
Trimedx
Clinical Asset Management
$20,509,390
Steris
Sterile Processing Services
$17,582,180

Individuals listed as contractors are left out. 250 contractors were paid more than $100,000 in all.

Private foundation grants it received

103 private foundations reported grants to Rush University Medical Center totaling $9.9M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Rush University Medical Center's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Rush University Medical Center, you can publish a response that is linked from this page.

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Questions people ask

How much of Rush University Medical Center's spending goes to programs?

In the fiscal year ending June 30, 2025, Rush University Medical Center reported that 91.4% of its $2.35 billion in expenses went to program services, 7.9% to management and general and 0.7% to fundraising (Form 990, Part IX).

How much does Rush University Medical Center pay its top executive?

The largest total compensation Rush University Medical Center reported for one person in the fiscal year ending June 30, 2025 was $4,819,778, for the role of President & Chief Executive Officer, RUSH (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Rush University Medical Center get its money?

Of $2.76 billion in revenue in the fiscal year ending June 30, 2025, 3.5% came from contributions and grants and 77.5% from program service revenue (Form 990, Part VIII).

Is Rush University Medical Center a registered charity?

The IRS lists EIN 36-2174823 as a 501(c)(3) organization (hospital or medical research organization), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202631349349312808 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202501349349309015 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202441349349305684 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202301329349301600 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202201339349306650 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202131359349302593 · read the filing

All filings for EIN 36-2174823: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.