Inova Health CARE Services
Also known as See Schedule O
Inova Health CARE Services reported $6.42 billion in revenue and $6.01 billion in expenses for calendar year 2024. Of every $100 it spent, $84.99 went to program services, $15.01 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: 93.5% of the total. The highest compensation it reported for one person was $6,579,451 (PRESIDENT/CEO). 7,767 people received more than $100,000 in reportable compensation. Revenue rose 99% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $6.01BFor 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 $6.42BThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 85.0% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 15.0% | 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 | 1.0% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.7% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 93.5% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $6,579,451 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.11% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 7,767 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 9.3 | 6.6 |
| Independent voting board members Part VI 1a–1b | 0 of 3 | 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 expenseInova Health Care Services (IHCS) is part of the Inova Health System whose mission is to serve the needs of the community by establishing, maintaining, and operating hospital facilities, programs, and other shared service arrangements; carrying on health-related education activities; promoting and conducting scientific research; and engaging in activities designed to promote the general health of the community. In 2024, three of Inova Health System's hospitals have been rated with 5 out of 5 stars in the Centers for Medicare & Medicaid Services (CMS) Five-Star Quality Rating System report. A…
Inova Research Center - Medical Students The Inova Research Center (IRC), including research and academic activities, is centered at Inova Fairfax Hospital. In 2024, the Inova Campus of the University of Virginia had a total of 47 third year and 36 fourth year medical students who spent their clerkship and fourth year at Inova Fairfax Hospital. In addition, 273 students came to Inova Hospitals for a four-week rotation in 2024.Pharmacy Students and ResidentsAlso located on the Inova Campus is the VCU School of Pharmacy which partners with clinicians and practitioners across Inova and Northern…
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, 35.00 hrs/week | $6,505,967 | $0 | $73,484 | $6,579,451 |
| PRESIDENT NEUROSCIENCES Highest compensated employee, 40.00 hrs/week | $2,346,748 | $0 | $100,971 | $2,447,719 |
| PHYSICIAN Highest compensated employee, 40.00 hrs/week | $2,203,314 | $0 | $103,111 | $2,306,425 |
| CHIEF CLINICAL ENTERPRISE Key employee, 40.00 hrs/week | $2,010,575 | $0 | $73,897 | $2,084,472 |
| CHIEF CARE TRANSFORMATION OFFICER Highest compensated employee, 40.00 hrs/week | $1,982,814 | $0 | $93,000 | $2,075,814 |
| PHYSICIAN Highest compensated employee, 40.00 hrs/week | $1,964,658 | $0 | $48,151 | $2,012,809 |
| PRESIDENT IHVI Highest compensated employee, 40.00 hrs/week | $1,951,637 | $0 | $59,346 | $2,010,983 |
| PRESIDENT IFMC & PEDS SERVICES Key employee, 40.00 hrs/week | $1,526,651 | $0 | $340,898 | $1,867,549 |
7,767 people received more than $100,000 in reportable compensation from Inova Health CARE Services (Part VII, line 2). Compensation of current officers, directors and key employees totaled $22M (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–1b3 · 0 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 15aNo
- 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 26No
- 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 529,281
- Volunteers Part I, line 61,429
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| DPR CONSTRUCTION Construction | $77,059,697 |
| NORTHSTAR ANESTHESIA OF VIRGINIA Medical services | $56,347,763 |
| GILBANE BUILDING COMPANY Construction | $37,772,813 |
| RANDSTAD HEALTHCARE Staffing | $35,091,851 |
| HITT CONTRACTING INC Construction | $34,622,645 |
Individuals listed as contractors are left out. 679 contractors were paid more than $100,000 in all.
Private foundation grants it received
4 private foundations reported grants to Inova Health CARE Services totaling $252K 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 Inova Health CARE Services's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Inova Health CARE Services, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Inova Health CARE Services spent in 2024, $84.99 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Duke University Health SystemDurham, NC · revenue $6.17B · programs 84.8% · FY2025
- Sentara Health PlansVirginia Beach, VA · revenue $6.50B · programs 98.3% · 2024
- Sanford Group ReturnSioux Falls, SD · revenue $6.11B · programs 92.4% · 2024
- Novant HealthWinston Salem, NC · revenue $6.54B · programs 76.1% · 2024
- Indiana University HealthIndianapolis, IN · revenue $6.08B · programs 95.3% · 2024
Questions people ask
How much of Inova Health CARE Services's spending goes to programs?
In calendar year 2024, Inova Health CARE Services reported that 85.0% of its $6.01 billion in expenses went to program services, 15.0% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Inova Health CARE Services pay its top executive?
The largest total compensation Inova Health CARE Services reported for one person in calendar year 2024 was $6,579,451, for the role of PRESIDENT/CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Inova Health CARE Services get its money?
Of $6.42 billion in revenue in calendar year 2024, 1.0% came from contributions and grants (including 0.7% from government grants) and 93.5% from program service revenue (Form 990, Part VIII).
Is Inova Health CARE Services a registered charity?
The IRS lists EIN 54-0620889 as a 501(c)(3) organization (hospital or medical research organization), 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 202543159349304194 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202403139349300445 · read the filing
- 2022: Form 990 for calendar year 2022, object 202333059349300533 · read the filing
- 2021: Form 990 for calendar year 2021, object 202203059349301745 · read the filing
- 2020: Form 990 for calendar year 2020, object 202123069349302367 · read the filing
- 2019: Form 990 for calendar year 2019, object 202043009349300114 · read the filing
All filings for EIN 54-0620889: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.