Southwest Virginia Community Health Systems Incorporated

Analysis

Southwest Virginia Community Health Systems Incorporated is a registered charity in United States, based in Meadowview, VA. It received its IRS tax-exemption ruling in February 2002, 24 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending January 2024, Southwest Virginia Community Health Systems Incorporated reported income of $18.8m and spending of $18.8m, spending 100% of its income. Across the 5 years on record, from January 2020 to January 2024, income grew from $14.2m to $18.8m (+32%), an average of +7.2% a year. The sharpest change came in the year to January 2021, when income rose by 40%. Over the whole period it spent 86% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Southwest Virginia Community Health Systems Incorporated sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within VA. Charities of a similar size with the same main cause include Easter Seals of Southeastern Pennsylvania ($18.8m), Heritage Behavioral Health Center Inc ($18.8m) and Consolidated Tribal Health Project Inc ($18.8m).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 26% and program service revenue 72% of the total. Other salaries and wages came to $10.8m. At year end it held assets of $24.5m against liabilities of $2.7m, net assets of $21.9m. It reported 207 employees.