Virginia Hospital Center Arlington Health System

Analysis

Virginia Hospital Center Arlington Health System is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in April 1945, 81 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, Virginia Hospital Center Arlington Health System reported income of $824.9m and spending of $800.7m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $607.6m to $824.9m (+36%), an average of +7.9% a year. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Virginia Hospital Center Arlington Health System sits at the 99th percentile: it is one of the largest 1% in its cause. 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 Owensboro Health Regional Hospital ($822.4m), Presence St Marys Hospital Presence Central and Suburban Hospitals Net ($825.2m) and Cabell Huntington Hospital Inc ($821.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.3% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $7.9m (1.0% of expenses). Other salaries and wages came to $373.7m. At year end it held assets of $1.95bn against liabilities of $626.2m, net assets of $1.32bn. It reported 5,009 employees.