Sentara Life Care Corporation

Analysis

Sentara Life Care Corporation is a registered charity in United States, based in Virginia BCH, VA. It received its IRS tax-exemption ruling in November 1983, 43 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sentara Life Care Corporation reported income of $28.4m and spending of $27.5m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $76.1m to $28.4m (-63%), an average of -22% a year. The sharpest change came in the year to December 2021, when income dropped by 67%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sentara Life Care Corporation 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 98th percentile, and in the 98th percentile within VA. Charities of a similar size with the same main cause include Human Concern International ($28.4m), Bananas Incorporated ($28.4m) and Meals on Wheels America ($28.3m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $192k (0.7% of expenses). Other salaries and wages came to $6.4m. At year end it held assets of $8.0m against liabilities of $5.0m, net assets of $3.0m. It reported 122 employees.