Riverside Healthcare Association Inc
608 Denbigh Blvd Ste 800, Newport News, VA · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $54,052,272 | $46,100,175 | $288,957,953 |
| FY2023 | $43,391,604 | $40,077,200 | $273,111,878 |
| FY2022 | $39,613,541 | $36,663,478 | $204,494,947 |
| FY2021 | $37,432,034 | $41,866,974 | $190,178,232 |
| FY2020 | $36,592,083 | $35,429,453 | $182,741,708 |
| FY2019 | $29,027,728 | $31,821,401 | $175,894,527 |
| FY2018 | $30,620,543 | $17,198,450 | $198,061,175 |
| FY2017 | $14,616,221 | $10,916,163 | $166,492,315 |
| FY2016 | $18,361,449 | $14,050,370 | $151,260,476 |
| FY2015 | $20,822,190 | $15,184,656 | $130,231,291 |
| FY2014 | $16,803,816 | $17,233,959 | $127,141,652 |
| FY2013 | $22,392,608 | $17,897,172 | $130,368,599 |
| FY2012 | $21,671,929 | $15,357,490 | $120,104,027 |
| FY2011 | $21,472,402 | $15,204,535 | $113,913,499 |
Form 990 filings
The returns filed by Riverside Healthcare Association Inc (EIN 52-1241835), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $0 | 0% |
| Program service revenue | $29,409,624 | 54% |
| Other revenue | $24,642,648 | 46% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $45,427,475 | 99% |
| Management & general | $672,700 | 1% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 54% of total revenue in FY2024.
- Program services accounted for 99% of functional expenses, management & general 1%, and fundraising 0%.
- 99% of functional expenses went to program services in FY2024. That is higher than 97.8% of 91 Health Care organizations in VA.
- Net assets covered about 75.2 months of expenses at the end of the reporting year. That puts it in the 83rd percentile among 538 Health Care organizations in VA.
- Total revenue was higher than 92.6% of 552 Health Care organizations in VA.
- Total revenue rose from $21,472,402 in FY2011 to $54,052,272 in FY2024. Revenue increased in 9 and decreased in 4 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 3 of 14 reported years (FY2014, FY2019, FY2021).
- Net assets grew from $113,913,499 to $288,957,953 between FY2011 and FY2024.
- Contributions and grants made up 13% of revenue in FY2011 and 0% in 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
HEALTHCARE SYSTEM PARENT ORGANIZATION THAT OVERSEES, MANAGES, AND PROVIDES FINANCIAL AND PROGRAMMATIC COORDINATION FOR ALL RELATED TAX EXEMPT AFFILIATES.
IRS status
| Ruling year | 2010 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | E21 — Health Care (in VA) |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 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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