Uva Prince William Health System

Analysis

Uva Prince William Health System is a registered charity in United States, based in Manassas, VA. It received its IRS tax-exemption ruling in November 1987, 39 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Uva Prince William Health System reported income of $63.3m and spending of $76.9m, spending 122% of what it took in. Across the 5 years on record, from December 2019 to June 2023, income grew from $52.0m to $63.3m (+22%), an average of +5.0% a year. The sharpest change came in the year to June 2023, when income rose by 170%. Over the whole period it spent 129% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Uva Prince William 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 99th percentile, and in the 99th percentile within VA. Charities of a similar size with the same main cause include Inspire Development Centers ($63.0m), North Country Healthcare Inc ($63.4m) and Mercy Health Southwest Missouri Kansas Communities ($62.9m).

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 $1.3m (1.7% of expenses). Other salaries and wages came to $49.4m. At year end it held assets of $51.6m against liabilities of $25.2m, net assets of $26.4m. It reported 424 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.