Sentara Princess Anne Hospital

Analysis

Sentara Princess Anne Hospital is a registered charity in United States, based in Virginia BCH, VA. It received its IRS tax-exemption ruling in July 2013, 13 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, Sentara Princess Anne Hospital reported income of $409.1m and spending of $353.7m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $317.0m to $409.1m (+29%), an average of +6.6% a year. The sharpest change came in the year to December 2021, when income rose by 17%. Over the whole period it spent 86% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Sentara Princess Anne Hospital sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within VA. Charities of a similar size with the same main cause include Frederick Health Hospital Inc ($408.2m), St Mary Medical Center ($409.6m) and Compass Health Inc ($408.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $1.5m (0.4% of expenses). Other salaries and wages came to $109.6m. At year end it held assets of $376.4m against liabilities of $193.1m, net assets of $183.3m. It reported 1,548 employees.