Virtua Willingboro Hospital Inc

Analysis

Virtua Willingboro Hospital Inc is a registered charity in United States, based in Marlton, NJ. It received its IRS tax-exemption ruling in December 1998, 28 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Virtua Willingboro Hospital Inc reported income of $121.7m and spending of $123.3m, spending 101% of its income. Across the 6 years on record, from June 2019 to December 2023, income fell from $133.7m to $121.7m (-9.0%), an average of -1.9% a year. The sharpest change came in the year to December 2020, when income rose by 92%. 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, Virtua Willingboro Hospital Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 100th percentile within NJ. Charities of a similar size with the same main cause include Aspirus Medical Group Inc ($121.7m), St Josephs Hospital of Buckhannon Inc ($121.7m) and Lifelong Medical Care ($121.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Other salaries and wages came to $45.7m. At year end it held assets of $92.4m against liabilities of $75.8m, net assets of $16.6m. It reported 865 employees.