SENTARA PRINCESS ANNE HOSPITAL
1300 SENTARA PARK, VIRGINIA BCH, VA · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $461,270,182 | $398,759,518 | $220,938,813 |
| FY2023 | $409,147,925 | $353,698,374 | $183,275,740 |
| FY2022 | $362,091,096 | $323,959,944 | $153,777,259 |
| FY2021 | $361,483,398 | $294,673,937 | $183,666,680 |
| FY2020 | $308,894,271 | $277,532,572 | $126,044,143 |
| FY2019 | $316,996,474 | $268,094,590 | $135,615,685 |
| FY2018 | $267,881,888 | $236,025,439 | $111,159,801 |
| FY2017 | $276,272,362 | $243,878,379 | $103,572,352 |
| FY2016 | $268,236,184 | $232,714,703 | $98,253,369 |
| FY2015 | $246,344,643 | $217,787,027 | $100,521,504 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $98,197 | 0% |
| Program service revenue | $454,995,135 | 100% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $308,300,468 | 77% |
| Management & general | $90,459,050 | 23% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 100% of total revenue in FY2024.
- Program services accounted for 77% of functional expenses, management & general 23%, and fundraising 0%.
- 77% of functional expenses went to program services in FY2024. That is higher than 27.2% of 92 Health Care organizations in VA.
- Net assets covered about 6.6 months of expenses at the end of the reporting year. That puts it in the 29th percentile among 539 Health Care organizations in VA.
- Total revenue was higher than 97.3% of 553 Health Care organizations in VA.
- Total revenue rose from $246,344,643 in FY2015 to $461,270,182 in FY2024, Revenue increased in 7 and decreased in 2 of 9 year-over-year comparisons.
- Revenue covered expenses in each of the 10 reported years, FY2015 to FY2024.
- Net assets grew from $100,521,504 to $220,938,813 between FY2015 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
AS PART OF SENTARA HEALTH'S INTEGRATED HEALTH CARE SYSTEM, WE IMPROVE HEALTH EVERY DAY.
IRS status
| Ruling year | 2013 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | E20 — Health Care (in VA) |
| 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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