West Virginia University Hospitals East Inc

Analysis

West Virginia University Hospitals East Inc is a registered charity in United States, based in Martinsburg, WV. It received its IRS tax-exemption ruling in March 2007, 19 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, West Virginia University Hospitals East Inc reported income of $16.9m and spending of $16.9m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $59.3m to $16.9m (-72%), an average of -27% a year. The sharpest change came in the year to December 2022, when income dropped by 78%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, West Virginia University Hospitals East Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within WV. Charities of a similar size with the same main cause include White Memorial Community Health Center ($16.9m), Alexian Brothers Medical Care Group NFP ($16.9m) and Hasc Diagnostic & Treatment Center Inc ($16.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $2.5m (15% of expenses). Other salaries and wages came to $9.2m. At year end it held assets of $2.6m against liabilities of $2.6m, net assets of -$18k.