Virtua Health
Virtua Health reported $620.1 million in revenue and $618.3 million in expenses for calendar year 2024. Of every $100 it spent, $80.31 went to program services, $19.69 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 98.1% of the total. The highest compensation it reported for one person was $3,320,959 (PRESIDENT/CEO). 604 people received more than $100,000 in reportable compensation. Revenue rose 21% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $618MFor context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $620MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 80.3% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 19.7% | 13.7% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.9% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.3% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 98.1% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $3,320,959 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.54% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 604 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | -7.5 | 6.6 |
| Independent voting board members Part VI 1a–1b | 16 of 17 | 88.9% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseVirtua Health (virtua) is a healthcare system that provides a comprehensive range of services, primarily in the southern new jersey region. It is the market share leader in its service area. Virtua employs over 15,000 colleagues dedicated to providing high quality care to the residents of the communities it serves. Virtua received recognition as a top employer from modern healthcare and was listed amongst newsweek's 2025 list of america's greatest workplaces. Virtua is committed to advancing health equity and demonstrating improved outcomes through its initiatives to deliver equitable care.…
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT/CEO Director/trustee, officer, 40.20 hrs/week | $3,255,726 | $0 | $65,233 | $3,320,959 |
| EVP/COO Highest compensated employee, 40.00 hrs/week | $1,702,837 | $0 | $51,558 | $1,754,395 |
| TREASURER-EVP/CFO Officer, 40.20 hrs/week | $1,359,141 | $0 | $47,568 | $1,406,709 |
| EVP/CCO (END 12/20/24) Highest compensated employee, 38.80 hrs/week | $1,170,592 | $0 | $57,115 | $1,227,707 |
| EVP & CHIEF STRATEGY OFFICER Highest compensated employee, 40.00 hrs/week | $1,070,789 | $0 | $17,735 | $1,088,524 |
| EVP/CHRO Key employee, 40.00 hrs/week | $950,696 | $0 | $50,918 | $1,001,614 |
| SECRETARY - SVP & GENERAL Officer, 40.20 hrs/week | $950,446 | $0 | $49,835 | $1,000,281 |
| SVP/CMO Highest compensated employee, 40.00 hrs/week | $807,035 | $0 | $52,885 | $859,920 |
604 people received more than $100,000 in reportable compensation from Virtua Health (Part VII, line 2). Compensation of current officers, directors and key employees totaled $6.7M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b17 · 16 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26Yes
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 52,541
- Volunteers Part I, line 616
Private foundation grants it received
1 private foundation reported grants to Virtua Health totaling $22,831 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Virtua Health's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Virtua Health, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Virtua Health spent in 2024, $80.31 went to programs. The full breakdown, from its IRS Form 990:
Embed on your site
Similar-sized charities in this cause
- Scl Health - MontanaBillings, MT · revenue $619M · programs 87.2% · 2024
- Women & Infants Hospital of RiProvidence, RI · revenue $620M · programs 90.0% · FY2025
- St Dominic - Jackson Memorial HospitalJackson, MS · revenue $619M · programs 76.0% · FY2025
- Bon Secours-St Francis Xavier HospitalCharleston, SC · revenue $621M · programs 90.4% · 2024
- Mississippi Baptist Medical CenterJackson, MS · revenue $616M · programs 94.5% · FY2025
Questions people ask
How much of Virtua Health's spending goes to programs?
In calendar year 2024, Virtua Health reported that 80.3% of its $618.3 million in expenses went to program services, 19.7% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Virtua Health pay its top executive?
The largest total compensation Virtua Health reported for one person in calendar year 2024 was $3,320,959, for the role of PRESIDENT/CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Virtua Health get its money?
Of $620.1 million in revenue in calendar year 2024, 0.9% came from contributions and grants (including 0.3% from government grants) and 98.1% from program service revenue (Form 990, Part VIII).
Is Virtua Health a registered charity?
The IRS lists EIN 22-3524939 as a 501(c)(3) organization (supporting organization (509(a)(3))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202533219349322913 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202423189349305812 · read the filing
- 2022: Form 990 for calendar year 2022, object 202343179349309859 · read the filing
- 2021: Form 990 for calendar year 2021, object 202203189349312620 · read the filing
- 2020: Form 990 for calendar year 2020, object 202103169349304235 · read the filing
- 2019: Form 990 for calendar year 2019, object 202043159349305304 · read the filing
All filings for EIN 22-3524939: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.