VIRTUA-MEMORIAL HOSPITAL BURLINGTON COUNTY INC
406 LIPPINCOTT DR STE J, MARLTON, NJ · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $507,812,873 | $403,642,676 | $1,125,089,357 |
| FY2023 | $452,476,381 | $383,847,195 | $988,695,243 |
| FY2022 | $426,763,445 | $361,869,000 | $891,764,790 |
| FY2021 | $400,739,226 | $341,775,631 | $845,119,228 |
| FY2020 | $350,486,495 | $329,702,764 | $767,341,254 |
| FY2019 | $342,569,769 | $326,590,100 | $727,907,640 |
| FY2018 | $336,686,527 | $318,647,811 | $686,564,669 |
| FY2017 | $366,741,384 | $322,890,619 | $670,099,263 |
| FY2016 | $355,466,813 | $317,908,342 | $614,869,674 |
| FY2015 | $353,782,040 | $300,549,828 | $562,668,707 |
| FY2014 | $351,740,294 | $303,880,179 | $507,405,358 |
| FY2013 | $318,693,586 | $285,277,754 | $451,314,702 |
| FY2012 | $322,470,039 | $287,595,662 | $394,190,035 |
| FY2011 | $327,358,539 | $298,865,253 | $344,805,396 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $7,558,161 | 2% |
| Program service revenue | $445,577,299 | 98% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $345,415,378 | 86% |
| Management & general | $58,227,298 | 14% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 98% of total revenue in FY2024.
- Program services accounted for 86% of functional expenses, management & general 14%, and fundraising 0%.
- 86% of functional expenses went to program services in FY2024. That is higher than 46.6% of 88 Health Care organizations in NJ.
- Net assets covered about 33.4 months of expenses at the end of the reporting year. That puts it in the 70th percentile among 551 Health Care organizations in NJ.
- Total revenue was higher than 96.9% of 582 Health Care organizations in NJ.
- Total revenue rose from $327,358,539 in FY2011 to $507,812,873 in FY2024, Revenue increased in 10 and decreased in 3 of 13 year-over-year comparisons.
- Revenue covered expenses in each of the 14 reported years, FY2011 to FY2024.
- Net assets grew from $344,805,396 to $1,125,089,357 between FY2011 and FY2024.
- Donations are generally tax-deductible (public charity).
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 HELP THE COMMUNITY TO BE WELL, GET WELL AND STAY WELL.
IRS status
| Ruling year | 1940 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | E220 — Health Care (in NJ) |
| Donations | Donations are generally tax-deductible (public charity). |
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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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