Sentara Health

Analysis

Sentara Health is a registered charity in United States, based in Virfinia Beach, VA. It received its IRS tax-exemption ruling in January 1983, 43 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sentara Health reported income of $485.1m and spending of $390.5m, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $244.2m to $485.1m (+99%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 119%. Over the whole period it spent 47% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Sentara Health 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 Virtua Our Lady of Lourdes Hospital Inc ($485.1m), Alexian Brothers Medical Center ($485.4m) and Mount Nittany Medical Center ($482.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $20.4m (5.2% of expenses). Other salaries and wages came to $114.0m. It paid $194k in professional fundraising fees. At year end it held assets of $7.14bn against liabilities of $2.01bn, net assets of $5.14bn. It reported 892 employees.