MARY WASHINGTON HEALTHCARE
1340 CENTRAL PARK BLVD STE 100, FREDERICKSBRG, VA · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $1,070,313,284 | $1,020,304,460 | $344,134,304 |
| FY2023 | $937,169,829 | $919,000,144 | $269,302,996 |
| FY2022 | $835,623,384 | $838,746,537 | $211,954,406 |
| FY2021 | $863,388,863 | $839,397,965 | $240,236,875 |
| FY2020 | $739,986,869 | $707,342,533 | $201,187,598 |
| FY2019 | $734,167,988 | $705,337,486 | $163,132,602 |
| FY2018 | $655,703,020 | $633,580,958 | $153,295,064 |
| FY2017 | $658,935,617 | $645,679,123 | $148,967,071 |
| FY2016 | $634,608,168 | $614,629,486 | $132,905,115 |
| FY2015 | $593,533,680 | $586,440,206 | $141,872,504 |
| FY2014 | $613,849,658 | $598,437,174 | $154,266,075 |
| FY2013 | $592,094,321 | $603,881,058 | $167,362,873 |
| FY2012 | $555,518,113 | $577,206,108 | $185,965,594 |
| FY2011 | $633,161,502 | $638,553,652 | $214,651,545 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $3,232,136 | 0% |
| Program service revenue | $1,047,954,961 | 100% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $945,389,191 | 93% |
| Management & general | $73,198,880 | 7% |
| Fundraising | $1,716,389 | 0% |
What the numbers show
- Program service revenue made up 100% of total revenue in FY2024.
- Program services accounted for 93% of functional expenses, management & general 7%, and fundraising 0%.
- 93% of functional expenses went to program services in FY2024. That is higher than 85.9% of 92 Health Care organizations in VA.
- Net assets covered about 4 months of expenses at the end of the reporting year. That puts it in the 20th percentile among 539 Health Care organizations in VA.
- Total revenue was higher than 99.3% of 553 Health Care organizations in VA.
- Total revenue rose from $633,161,502 in FY2011 to $1,070,313,284 in FY2024, Revenue increased in 9 and decreased in 4 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 4 of 14 reported years (FY2011, FY2012, FY2013, FY2022).
- Net assets grew from $214,651,545 to $344,134,304 between FY2011 and FY2024.
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
OUR MISSION IS TO IMPROVE THE HEALTH OF PEOPLE IN THE COMMUNITIES WE SERVE. THROUGH OUR SUBSIDIARIES WE PROVIDE INPATIENT AND OUTPATIENT HOSPITAL SERVICES AND OTHER MEDICAL SERVICES.
IRS status
| Ruling year | 2004 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | E22 — Health Care (in VA) |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded September 20, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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