WEST VIRGINIA UNIVERSITY MEDICAL CORPORATION
ONE MEDICAL CENTER DR BOX 8033, MORGANTOWN, WV · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $954,634,085 | $948,595,207 | $97,319,238 |
| FY2023 | $769,572,060 | $763,360,292 | $95,735,703 |
| FY2022 | $691,155,457 | $683,095,738 | $102,534,341 |
| FY2021 | $655,420,491 | $644,938,229 | $105,727,371 |
| FY2020 | $571,153,959 | $567,301,002 | $94,086,913 |
| FY2019 | $531,045,841 | $526,922,719 | $92,069,652 |
| FY2018 | $458,853,707 | $456,365,702 | $88,590,889 |
| FY2017 | $387,454,627 | $383,883,750 | $96,174,309 |
| FY2016 | $324,567,604 | $317,734,505 | $90,635,686 |
| FY2015 | $280,981,415 | $268,672,946 | $85,884,747 |
| FY2014 | $272,257,403 | $259,551,250 | $77,164,375 |
| FY2013 | $263,352,952 | $254,506,701 | $65,695,693 |
| FY2012 | $263,913,527 | $256,858,637 | $54,882,046 |
| FY2011 | $131,554,914 | $125,878,035 | $46,852,686 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $1,622,411 | 0% |
| Program service revenue | $950,815,789 | 100% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $885,546,951 | 93% |
| Management & general | $63,048,256 | 7% |
| Fundraising | $0 | 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 88.9% of 54 Health Care organizations in WV.
- Net assets covered about 1.2 months of expenses at the end of the reporting year. That puts it in the 13th percentile among 183 Health Care organizations in WV.
- Total revenue was higher than 99.5% of 187 Health Care organizations in WV.
- Total revenue rose from $131,554,914 in FY2011 to $954,634,085 in FY2024, Revenue increased in 12 and decreased in 1 of 13 year-over-year comparisons.
- Revenue covered expenses in each of the 14 reported years, FY2011 to FY2024.
- Net assets grew from $46,852,686 to $97,319,238 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
To support the West Virginia University School of Medicine in the furtherance of its charitable, scientific, and educational purposes.
IRS status
| Ruling year | 1973 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | E210 — Health Care (in WV) |
| Donations | Donations are generally tax-deductible (public charity). |
Similar organizations
- CABELL HUNTINGTON HOSPITAL INC — HUNTINGTON, WV · $1,000,947,477
- UNITED HOSPITAL CENTER INC — BRIDGEPORT, WV · $761,600,439
- WHEELING HOSPITAL INC — WHEELING, WV · $622,369,752
- CAMDEN-CLARK MEMORIAL HOSPITAL CORPORATION — PARKERSBURG, WV · $522,849,968
- WEST VIRGINIA UNITED HEALTH SYSTEM INC — MORGANTOWN, WV · $519,601,931
- CITY HOSPITAL INC — MARTINSBURG, WV · $426,927,253
- HERBERT J THOMAS MEMORIAL HOSPITAL ASSOCIATION — S CHARLESTON, WV · $425,808,932
- MONONGALIA COUNTY GENERAL HOSPITAL COMPANY — MORGANTOWN, WV · $410,070,302
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.
Think something here is wrong or should be removed? Use the contact form — we act on removal requests within 30 days.