Non-profit hospitals in Virginia: revenue, profit and executive pay
What 27 non-profit hospital organizations covering 37 Virginia hospitals reported to the IRS on their public Form 990: how much they took in, what they spent and what they paid their leaders.
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Non-profit hospital organizations
27 organizations
They file for 37 Virginia hospitals listed on this site and together reported $17.0 billion in revenue.
Took in more than they spent
59%
16 reported a surplus and 11 a deficit. The typical margin (surplus as a share of revenue) was 3.8%, against 2.9% nationally.
Largest non-profit hospitals in Virginia
By total revenue on the latest Form 990. The percentage is the margin: how much of each dollar was left after expenses.
Inova Health Care Services
Alexandria · 5 hospitals in Virginia
$5.7 billion
Margin 4.6% · Dec 2023
Sentara Hospitals
Hampton · 6 hospitals in Virginia
$4.0 billion
Margin 12.4% · Dec 2023
Carilion Medical Center
Roanoke
$1.7 billion
Margin -1.5% · Sep 2023
Centra Health Inc
Lynchburg
$1.1 billion
Margin 1.6% · Dec 2023
Childrens Hospital of the Kings Daughters Inc
Norfolk
$646.3 million
Margin 3.8% · Jun 2023
Sentara Rmh Medical Center
Harrisonburg
$527.2 million
Margin -2.7% · Dec 2023
Every non-profit hospital organization in Virginia
One row per Form 990 filing, with the Virginia hospitals it covers. Click a column to sort. Officer pay is the total for all current officers, directors, trustees and key employees together, not one person.
| Organization | Revenue | Margin | Officer pay (total) | Net assets | Tax year | IRS filings |
|---|---|---|---|---|---|---|
| Inova Health Care Services Inova Alexandria Hospital (Alexandria), Inova Fair Oaks Hospital (Fairfax), Inova Fairfax Hospital (Falls Church), Inova Loudoun Hospital (Leesburg), Inova Mount Vernon Hospital (Alexandria) | $260.4 million surplus | $22.0 million | $4.2 billion | Dec 2023 | Full Form 990 filings (ProPublica) | |
| Sentara Hospitals Sentara Careplex Hospital (Hampton), Sentara Leigh Hospital (Norfolk), Sentara Norfolk General Hospital (Norfolk), Sentara Obici Hospital (Suffolk), Sentara Virginia Beach General Hospital (Virginia Beach), Sentara Williamsburg Regional Medical Center (Williamsburg) | $493.5 million surplus | $12.1 million | $2.0 billion | Dec 2023 | Full Form 990 filings (ProPublica) | |
| Carilion Medical Center Roanoke | $26.7 million deficit | $4.1 million | $955.5 million | Sep 2023 | Full Form 990 filings (ProPublica) | |
| Centra Health Inc Lynchburg | $17.6 million surplus | $15.3 million | $760.0 million | Dec 2023 | Full Form 990 filings (ProPublica) | |
| Childrens Hospital of the Kings Daughters Inc Norfolk | $24.2 million surplus | $1.7 million | $823.0 million | Jun 2023 | Full Form 990 filings (ProPublica) | |
| Sentara Rmh Medical Center Harrisonburg | $14.0 million deficit | $3.4 million | $219.6 million | Dec 2023 | Full Form 990 filings (ProPublica) | |
| Augusta Health Care Inc Fishersville | $58.7 million surplus | $6.4 million | $1.1 billion | Dec 2023 | Full Form 990 filings (ProPublica) | |
| Sentara Princess Anne Hospital Virginia Beach | $55.4 million surplus | $1.5 million | $183.3 million | Dec 2023 | Full Form 990 filings (ProPublica) | |
| Martha Jefferson Hospital Charlottesville | $13.4 million deficit | $2.1 million | $195.4 million | Dec 2023 | Full Form 990 filings (ProPublica) | |
| Uva Prince William Medical Center Prince William Hospital (Manassas), UVA Health Haymarket Medical Center (Haymarket) | $1.2 million surplus | $4.2 million | $203.3 million | Jun 2023 | Full Form 990 filings (ProPublica) | |
| Potomac Hospital Corporation of Prince William Woodbridge | $551,000 deficit | $1.2 million | $153.6 million | Dec 2023 | Full Form 990 filings (ProPublica) | |
| Carilion New River Valley Medical Center Christiansburg | $20.1 million surplus | $352,000 | $354.4 million | Sep 2023 | Full Form 990 filings (ProPublica) | |
| Uva Culpeper Medical Center Culpeper | $16.0 million surplus | $1.9 million | $148.0 million | Jun 2023 | Full Form 990 filings (ProPublica) | |
| Community Memorial Hospital South Hill | $40.1 million deficit | $489,000 | $18.3 million | Jun 2023 | Full Form 990 filings (ProPublica) | |
| Southside Community Hospital Inc Farmville | $13.3 million surplus | $2.6 million | $85.4 million | Dec 2023 | Full Form 990 filings (ProPublica) | |
| Shore Health Services Inc Nassawadox | $9.0 million surplus | $222,000 | $64.7 million | Dec 2023 | Full Form 990 filings (ProPublica) | |
| Halifax Regional Hospital Inc South Boston | $29.6 million deficit | $971,000 | $38.7 million | Dec 2023 | Full Form 990 filings (ProPublica) | |
| Carilion Giles Community Hospital Pearisburg | $1.2 million deficit | $271,000 | -$5.0 million | Sep 2023 | Full Form 990 filings (ProPublica) | |
| Carilion Franklin Memorial Hospital Rocky Mount | $9.7 million surplus | $249,000 | $33.9 million | Sep 2023 | Full Form 990 filings (ProPublica) | |
| Carilion Rockbridge Community Hospital Lexington | $5.6 million surplus | $271,000 | $58.0 million | Sep 2023 | Full Form 990 filings (ProPublica) | |
| Vcu Health Tappahannock Hospital Tappahannock | $1.1 million deficit | $347,000 | $9.9 million | Jun 2023 | Full Form 990 filings (ProPublica) | |
| Bedford Memorial Hospital Bedford | $8.4 million surplus | $1.4 million | $33.7 million | Dec 2023 | Full Form 990 filings (ProPublica) | |
| Bath County Community Hospital Hot Springs | $2.7 million surplus | $1.1 million | $31.8 million | Dec 2023 | Full Form 990 filings (ProPublica) | |
| Buchanan General Hospital Inc Grundy | $3.5 million deficit | $525,000 | $37.9 million | Jun 2023 | Full Form 990 filings (ProPublica) | |
| Carilion Tazewell Community Hospital Tazewell | $6.9 million deficit | $123,000 | -$39.2 million | Sep 2023 | Full Form 990 filings (ProPublica) | |
| Chesapeake General Hospital Healthcare Foundation Chesapeake | $486,000 deficit | $0 | $8.8 million | Jun 2023 | Full Form 990 filings (ProPublica) | |
| Winchester Medical Center Auxiliary Inc Winchester | $90,000 surplus | $0 | $864,000 | Dec 2023 | Full Form 990 filings (ProPublica) |
Surplus is revenue minus expenses; a negative figure is a deficit. Net assets are what the organization owns minus what it owes. When a health system files one return for several hospitals, the figures are the system's totals, which may include hospitals in other states.
How Virginia compares with the U.S.
The typical non-profit hospital organization in Virginia kept 3.8% of its revenue after expenses, higher than the national median of 2.9%.
| Measure | Virginia | United States |
|---|---|---|
| Median margin | 3.8% | 2.9% |
| Share with a surplus | 59% | 65% |
| Median revenue | $149.0 million | $124.0 million |
| Median officer pay (total) | $1.4 million | $1.3 million |
Questions about non-profit hospitals in Virginia
What are the largest non-profit hospitals in Virginia?
By revenue on their latest IRS Form 990: Inova Health Care Services ($5.7 billion), Sentara Hospitals ($4.0 billion), Carilion Medical Center ($1.7 billion), Centra Health Inc ($1.1 billion), Childrens Hospital of the Kings Daughters Inc ($646.3 million). Some of these filings cover a whole health system, including hospitals in other states.
How much do non-profit hospitals in Virginia make?
The 27 non-profit hospital organizations we matched in Virginia reported $17.0 billion in combined revenue on their latest Form 990. 16 reported a surplus (more revenue than expenses) and 11 a deficit. The typical (median) margin was 3.8%, higher than the U.S. median of 2.9%.
Which non-profit hospital in Virginia pays its officers the most?
Inova Health Care Services reported the highest total: $22.0 million. That is the combined pay of all its current officers, directors, trustees and key employees, not one person. Pay for each named executive is in the full filing.
Do non-profit hospitals in Virginia pay taxes?
Non-profit hospitals are exempt from federal income tax and usually from state and local property and sales taxes. In return they are expected to provide community benefits, such as charity care, and must file a public Form 990 with the IRS each year.
Virginia hospital finances (Medicare cost reports)
All hospitals in Virginia
Who owns hospitals
Non-profit hospitals in every state
Source: IRS Form 990 data (Exempt Organizations Business Master File and SOI annual extracts). Organizations are matched to hospitals by legal name and address. Figures are as filed for the latest available tax year. For-profit and government hospitals don't file a Form 990, so they are not listed. About the data.