Mary Washington Healthcare
93% goes to programs $53 to raise $100 Growing revenue
Mary Washington Healthcare is a 501(c)(3) organization based in Fredericksbrg, Virginia, registered in 2004, with $1,070,313,284 in FY2024 revenue. CharityIndex grades it A, and it directs about 93% of spending to programs.
1340 Central Park Blvd Ste 100, Fredericksbrg, VA, 22401 EIN 20-1106426 Since 2004
Revenue (FY2024)
$1.1B
▲ 14.2% vs prior year
Health median: $840K
Expenses (FY2024)
$1.0B
Net assets
$344.1M
Employees
5,133
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
BProgram efficiency40% of the rating93% to programs · $53 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Mary Washington Healthcare: 93% to programs · $53 to raise $100 earns a B on this criterion. See the exact thresholds →
AFinancial health25% of the rating4 mo reserves · +5% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Mary Washington Healthcare: 4 mo reserves · +5% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Mary Washington Healthcare: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Mary Washington Healthcare: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Our mission is to improve the health of people in the communities we serve. through our subsidiaries we provide inpatient and outpatient hospital services and other medical services.
Contact & location
- Address
- 1340 Central Park Blvd Ste 100, Fredericksbrg, VA, 22401
- City
- Fredericksbrg
- State
- Virginia
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $592.1M (FY2013) to $1.1B (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $276.1MNet assets $344.1M
Operating margin
4.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$620.3M
Total liabilities
$276.1M
Net assets
$344.1M
Salaries & benefits
$379.7M
37% of expenses
Board members
11
10 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,070,313,284▲14.2% | $1,020,304,460▲11.0% | $344,134,304▲27.8% | $620,273,766▲19.6% | 990 |
| 2023 | $937,169,829▲12.2% | $919,000,144▲9.6% | $269,302,996▲27.1% | $518,712,725▲12.3% | 990 |
| 2022 | $835,623,384▼3.2% | $838,746,537▼0.1% | $211,954,406▼11.8% | $461,875,065▼22.2% | 990 |
| 2021 | $863,388,863▲16.7% | $839,397,965▲18.7% | $240,236,875▲19.4% | $593,675,918▲0.4% | 990 |
| 2020 | $739,986,869▲0.8% | $707,342,533▲0.3% | $201,187,598▲23.3% | $591,367,916▲24.4% | 990 |
| 2019 | $734,167,988▲12.0% | $705,337,486▲11.3% | $163,132,602▲6.4% | $475,223,962▲10.8% | 990 |
| 2018 | $655,703,020▼0.5% | $633,580,958▼1.9% | $153,295,064▲2.9% | $428,834,599▲0.3% | 990 |
| 2017 | $658,935,617▲3.8% | $645,679,123▲5.1% | $148,967,071▲12.1% | $427,497,037▲2.2% | 990 |
| 2016 | $634,608,168▲6.9% | $614,629,486▲4.8% | $132,905,115▼6.3% | $418,378,312▼3.2% | 990 |
| 2015 | $593,533,680▼3.3% | $586,440,206▼2.0% | $141,872,504▼8.0% | $432,162,264▼3.1% | 990 |
| 2014 | $613,849,658▲3.7% | $598,437,174▼0.9% | $154,266,075▼7.8% | $446,120,611▼4.0% | 990 |
| 2013 | $592,094,321 | $603,881,058▲4.6% | $167,362,873▼10.0% | $464,708,560▼5.4% | 990 |
| 2012 | — | $577,206,108▼9.6% | $185,965,594▼13.4% | $491,115,201▼7.6% | 990 |
| 2011 | — | $638,553,652 | $214,651,545 | $531,390,646 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Sang Na — $1,209,153 (0.12% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Sang Na | Physician | 40 | $1,209,153 |
| Partam Manalai | Physician | 40 | $1,081,455 |
| Agostino Visioni | Physician | 40 | $978,831 |
| J T Sherwood Md | Physician | 40 | $930,372 |
| John Cardone | Physician | 40 | $731,739 |
| Stephen Mandell Md | Vice President | 40 | $583,577 |
| Stephanie Goldberg | Vice President & Dio | 40 | $578,658 |
| Reggie Pearson | Svp & Choo | 40 | $545,124 |
| Cathleen Yablonski Bs Ms | Svp & Caoo | 40 | $512,763 |
| Renuka Gupta | Vice President & Cqo | 40 | $498,935 |
| Daniel Woodford | Vice President (thru 5/24) | 40 | $477,572 |
| Tonja Thigpen | Svp & Cno | 40 | $444,946 |
| Scott Sell | Vice President (thru 5/24) | 40 | $422,837 |
| Cody Blankenship | Vice President | 40 | $369,073 |
| Sausheen Taylor Md | Physician/trustee (thru 4/24) | 40 | $283,599 |
| Alan Edwards | Vice President | 2 | — |
| Bruce L Davis Ba | Board Chair | 2 | — |
| Catherine M Wack | Board Vice Chair | 2 | — |
| Chetan B Pai Do | Board Trustee | 2 | — |
| Christopher Newman Md | Evp, Coo & Cmo | 2 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Fredericksburg Orthopaedic Associates | Physician Services | $18,110,434 |
| Armg LLC | Professional Services - Physical Therapy | $6,908,512 |
| Commonwealth Spine & Rehab | Physician Services | $3,068,928 |
| Team Net Medical LLC | Medical Services | $2,595,212 |
| Hicuity Health | Medical Services | $817,700 |
Grants made · $927K in FY2024
22 grants totaling $927K in FY2024 — showing the 15 largest. All grants made by Mary Washington Healthcare →
| Recipient | Purpose | Amount |
|---|---|---|
| Micah Ecumenical Ministries Inc | Residential recovery program | $130,000 |
| Central Virginia Health Services Inc | Access to care programs | $120,000 |
| Fredericksburg Christian Health Center | Access to care programs | $101,000 |
| Rappahannock Area Community Services | Children and adolescent behavioral health support program | $79,800 |
| George Washington Regional Commission | Access to housing | $76,622 |
| Guadalupe Free Clinic of Colonial Beach Inc | Access to care programs | $75,000 |
| Virginia Department of Health Rappahannock Area Health District | Access to care programs | $55,000 |
| Fredericksburg Regional Foodbank | Healthy pantry initiative | $51,156 |
| Fredericksburg Regional Transit | Access to care programs | $40,000 |
| Virginia Community Food Connections | Fresh food access for community health | $33,500 |
| Loisanns Hope House | Affordable housing | $25,000 |
| Gwyneths Gift Foundation Inc | Lifesaving cpr education and aed access | $21,000 |
| Rappahannock Area Agency On Aging Inc | Access to care programs | $18,250 |
| Rx Drug Access Partnership | Access to care programs | $15,000 |
| Stafford Junction Inc | Healthy living programs | $15,000 |
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Compare Mary Washington Healthcare
Frequently asked questions
- Is Mary Washington Healthcare a legitimate nonprofit?
- Yes. Mary Washington Healthcare is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 20-1106426, based in Fredericksbrg, Virginia. Donations are tax-deductible.
- What is Mary Washington Healthcare's EIN?
- Mary Washington Healthcare's Employer Identification Number (EIN) is 20-1106426.
- How much revenue does Mary Washington Healthcare report?
- Mary Washington Healthcare reported $1,070,313,284 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Mary Washington Healthcare's spending goes to programs?
- Mary Washington Healthcare spends about 93% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Mary Washington Healthcare have?
- CharityIndex grades Mary Washington Healthcare A, based on program efficiency and fundraising cost.
- How much does Mary Washington Healthcare's highest-paid employee make?
- The highest reported compensation on Mary Washington Healthcare's latest Form 990 is $1,209,153, paid to Sang Na (Physician).
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Explore more
Data for Mary Washington Healthcare (EIN 20-1106426) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.