Sentara Enterprises

Analysis

Sentara Enterprises is a registered charity in United States, based in Virginia BCH, VA. It received its IRS tax-exemption ruling in April 1999, 27 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 (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 Enterprises reported income of $118.0m and spending of $142.4m, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $130.9m to $118.0m (-9.9%), an average of -2.6% a year. Over the whole period it spent 107% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Sentara Enterprises 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 99th percentile, and in the 99th percentile within VA. Charities of a similar size with the same main cause include Cayuga Medical Associates PC ($117.9m), Rogosin Institute Inc ($118.4m) and Northwest Medical Foundation of Tillamook ($117.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $648k (0.5% of expenses). Other salaries and wages came to $60.6m. At year end it held assets of $45.4m against liabilities of $16.2m, net assets of $29.2m. It reported 770 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.