West Virginia United Health System Inc

Analysis

West Virginia United Health System Inc is a registered charity in United States, based in Morgantown, WV. It received its IRS tax-exemption ruling in February 1997, 29 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 December 2023, West Virginia United Health System Inc reported income of $446.5m and spending of $483.1m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $240.0m to $446.5m (+86%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 110% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, West Virginia United Health System Inc 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 100th percentile, and in the 100th percentile within WV. Charities of a similar size with the same main cause include Bozeman Health Deaconess Hospital ($446.4m), Hanford Community Hospital ($447.4m) and Ellis Hospital ($444.3m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 92% of the total. Compensation of current officers, directors and key employees was $14.0m (2.9% of expenses). Other salaries and wages came to $188.9m. At year end it held assets of $424.1m against liabilities of $270.0m, net assets of $154.1m.

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.