Uva Culpeper Medical Center

Analysis

Uva Culpeper Medical Center is a registered charity in United States, based in Culpeper, VA. It received its IRS tax-exemption ruling in November 1961, 65 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 June 2023, Uva Culpeper Medical Center reported income of $162.1m and spending of $146.1m, spending 90% of its income. Across the 5 years on record, from December 2019 to June 2023, income grew from $118.8m to $162.1m (+36%), an average of +8.1% a year. The sharpest change came in the year to June 2023, when income rose by 118%. 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, Uva Culpeper Medical Center 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 100th percentile, and in the 100th percentile within VA. Charities of a similar size with the same main cause include St Marys Hospital Decatur of the Hospital Sisters of the Third Orde ($162.1m), Elizabeth Glaser Pediatric AIDS Foundation ($162.3m) and Bristol Hospital Incorporated ($161.8m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $1.9m (1.3% of expenses). Other salaries and wages came to $43.6m. At year end it held assets of $230.2m against liabilities of $82.2m, net assets of $148.0m. It reported 899 employees.