CENTRA HEALTH INC
1920 ATHERHOLT RD, LYNCHBURG, VA · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $1,166,348,794 | $1,174,988,522 | $784,449,474 |
| FY2023 | $1,131,031,053 | $1,113,449,976 | $760,030,216 |
| FY2022 | $1,096,916,083 | $1,097,407,500 | $625,823,246 |
| FY2021 | $1,164,575,682 | $1,058,237,529 | $954,098,933 |
| FY2020 | $1,098,467,451 | $1,017,550,497 | $790,153,319 |
| FY2019 | $1,078,584,571 | $1,070,043,791 | $698,608,907 |
| FY2018 | $976,294,289 | $992,266,284 | $659,504,238 |
| FY2017 | $958,461,014 | $887,606,793 | $695,919,662 |
| FY2016 | $823,605,953 | $788,672,174 | $613,015,854 |
| FY2015 | $742,734,466 | $717,427,050 | $565,434,745 |
| FY2014 | $680,593,893 | $633,804,545 | $531,182,796 |
| FY2013 | $654,396,663 | $596,561,497 | $524,659,227 |
| FY2012 | $628,945,929 | $575,565,932 | $410,779,654 |
| FY2011 | $620,932,706 | $575,937,187 | $348,377,427 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $6,067,482 | 1% |
| Program service revenue | $1,127,625,930 | 99% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $942,874,920 | 80% |
| Management & general | $232,113,602 | 20% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 99% of total revenue in FY2024.
- Program services accounted for 80% of functional expenses, management & general 20%, and fundraising 0%.
- 80% of functional expenses went to program services in FY2024. That is higher than 38% of 92 Health Care organizations in VA.
- Net assets covered about 8 months of expenses at the end of the reporting year. That puts it in the 33rd percentile among 539 Health Care organizations in VA.
- Total revenue was higher than 99.5% of 553 Health Care organizations in VA.
- Total revenue rose from $620,932,706 in FY2011 to $1,166,348,794 in FY2024, Revenue increased in 12 and decreased in 1 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 3 of 14 reported years (FY2018, FY2022, FY2024).
- Net assets grew from $348,377,427 to $784,449,474 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
WE EXIST TO IMPROVE THE HEALTH AND QUALITY OF LIFE FOR THE COMMUNITIES WE SERVE.
IRS status
| Ruling year | 1963 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | E220 — 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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