West Virginia University Hospitals Inc
85% goes to programs $0 to raise $100 Growing revenue
West Virginia University Hospitals Inc is a 501(c)(3) organization based in Morgantown, West Virginia, registered in 1984, with $2,472,013,833 in FY2024 revenue. CharityIndex grades it A, and it directs about 85% of spending to programs.
One Medical Center Dr Box 8033, Morgantown, WV, 26506 EIN 55-0643304 Since 1984
Revenue (FY2024)
$2.5B
▲ 17.4% vs prior year
Health median: $840K
Expenses (FY2024)
$2.4B
Net assets
$1.1B
Employees
10,142
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating85% to programs · $0 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 West Virginia University Hospitals Inc: 85% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating6 mo reserves · +4% 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 West Virginia University Hospitals Inc: 6 mo reserves · +4% 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 West Virginia University Hospitals Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 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 West Virginia University Hospitals Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Wvu hospitals exists to provide a quality healthcare system, including tertiary services, to the citizens of wv and the surrounding region.
What they do
Hematology/oncology - the hematology and oncology departments of wvu hospitals diagnose and treat all adult malignant disorders and diseases of the blood, including anemia, leukemia, lymphoma, and bleeding problems. our doctors, nurses, and staff offer state-of-the-art care in a personalized and compassionate environment. our services include evaluating and diagnosing cancer and blood disorders, cancer chemotherapy, targeted therapies, and immunotherapy.
Cardiology - our cardiologists offer comprehensive evaluation and management of diseases of the heart and circulatory system and work with primary care physicians to ensure coordinated, continuous care. our faculty have expertise in every aspect of cardiac care, ranging from standard procedures such as outpatient consultation, echocardiography, and angiography to advanced clinical research into heart failure, preventive cardiology, and radio-frequency ablation. special services include physical fitness evaluation, non-invasive and invasive studies, interventional procedures, and radioisotope examinations of the heart.
Contact & location
- Address
- One Medical Center Dr Box 8033, Morgantown, WV, 26506
- City
- Morgantown
- State
- West Virginia
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $768.3M (FY2013) to $2.5B (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $1.3BNet assets $1.1B
Operating margin
3.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.4B
Total liabilities
$1.3B
Net assets
$1.1B
Salaries & benefits
$747.2M
31% of expenses
Board members
15
14 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,472,013,833▲17.4% | $2,377,431,508▲15.9% | $1,102,867,531▲8.7% | $2,428,447,382▲4.6% | 990 |
| 2023 | $2,105,869,583▲10.4% | $2,050,412,817▲15.2% | $1,014,666,820▲2.9% | $2,322,128,639▲13.8% | 990 |
| 2022 | $1,907,920,936▲11.9% | $1,779,412,941▲11.0% | $986,493,788▼2.6% | $2,040,883,973▼3.4% | 990 |
| 2021 | $1,704,998,057▲15.1% | $1,603,062,498▲10.5% | $1,012,966,829▲14.4% | $2,112,822,502▲5.2% | 990 |
| 2020 | $1,481,058,173▲7.1% | $1,451,058,051▲7.9% | $885,585,795▲6.9% | $2,007,918,820▲9.3% | 990 |
| 2019 | $1,383,171,994▲10.0% | $1,345,086,247▲10.4% | $828,228,553▲12.7% | $1,836,549,757▲6.4% | 990 |
| 2018 | $1,257,491,096▲12.5% | $1,218,488,888▲12.9% | $734,657,157▼4.7% | $1,726,543,865▲15.4% | 990 |
| 2017 | $1,117,616,440▲15.5% | $1,079,419,333▲18.5% | $770,778,711▲8.1% | $1,495,600,746▲16.9% | 990 |
| 2016 | $967,890,545▲9.6% | $911,214,951▲17.1% | $713,186,276▲7.4% | $1,279,429,239▲5.2% | 990 |
| 2015 | $882,811,039▲8.3% | $777,930,812▲4.9% | $664,063,327▲5.8% | $1,216,425,515▲6.2% | 990 |
| 2014 | $814,946,583▲6.1% | $741,354,366▲3.2% | $627,402,346▲8.4% | $1,145,505,044▲8.8% | 990 |
| 2013 | $768,322,661 | $718,349,567▲4.2% | $578,895,693▲20.4% | $1,052,545,271▲31.1% | 990 |
| 2012 | — | $689,592,640▲12.6% | $480,749,088▲16.7% | $802,941,916▲7.7% | 990 |
| 2011 | — | $612,523,691▲6.2% | $411,924,511▲2.5% | $745,488,408▲6.4% | 990 |
| 2010 | — | $577,029,081 | $401,843,313 | $700,426,225 | 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: Michael Grace — $982,432 (0.04% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Michael Grace | President | 60 | $982,432 |
| Amy Bush | Chief Operating Officer - Childrens | 40 | $507,867 |
| Frank Briggs | Vp Wvu Heart Vascular Institute | 40 | $410,912 |
| Mary Fanning | Vp Nursing Clinical Services | 40 | $406,466 |
| Justin Gibson | Vp Finance | 40 | $376,287 |
| Michael Shullo | Vice President Transplant Program | 40 | $359,778 |
| Douglas Mitchell | Vp Chief Nursing Officer | 40 | $355,404 |
| Karyn Wallace | Vp Neuroscience | 36 | $346,386 |
| Nathan Burt | Vp of Operations | 40 | $343,480 |
| Edward Harrison | Vp Cancer Services | 40 | $312,494 |
| Jennifer Sams | Rn | 40 | $303,422 |
| Louie Sokos | Avp Specialty Pharmacy | 40 | $286,486 |
| Colleen Sybert | Vp Human Resources | 40 | $274,815 |
| Daniel O'neil | Avp Pharmacy | 40 | $273,488 |
| Courtney Sweet | Director Pharmacy | 40 | $265,678 |
| Amy Moneypenny | Rn | 40 | $255,511 |
| Aaron Yanuzo | Coo - Fairmont Medical Center | 40 | $235,506 |
| Anthony Condia | Vp Marketing and Communications | 20 | $226,673 |
| Lori Pride | Director, Employee Representation | 40 | $155,132 |
| Clay Marsh Md | Director / Vice President of Hsc | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Medical Solutions LLC | Healthcare Staffing Services | $22,620,842 |
| Comprehensive Care Services Inc | Mostly Perfusion Services, Some Supplies | $4,828,248 |
| Quest Diagnostics Nichols Intitute Inc | Laboratory Services | $3,686,873 |
| National Marrow Donor Program | Lab Services / Supplies | $1,623,510 |
| Mayo Collaborative Services Inc | Laboratory Services | $1,526,788 |
Grants received · $1.7M total
23 grants to West Virginia University Hospitals Inc totaling $1.7M, reported by foundations on their Schedule I filings — showing the 15 most recent.
Grants made · $1.6M in FY2024
20 grants totaling $1.6M in FY2024 — showing the 15 largest. All grants made by West Virginia University Hospitals Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| West Virginia Univ Foundation Inc | Support | $1,146,270 |
| Friends of University Hospital | Support | $144,623 |
| Am Racing LLC | Sponsorships | $73,500 |
| United Way of Monongalia and Preston Counties Inc | Support | $65,050 |
| Ronald Mcdonald House Charities of Pittsburgh and Morgantown Inc | Support | $21,000 |
| Pancreatic Cancer Action Network Inc | Sponsorship | $20,000 |
| March of Dimes Inc | Sponsorship | $15,000 |
| Main Street Fairmont Inc | Sponsorship | $13,000 |
| Morgantown Chamber of Commerce | Support | $11,000 |
| Pittsburgh Cure Sarcoma | Sponsorship | $10,000 |
| Rape and Domestic Violence Information Center Inc | Support | $10,000 |
| Animal Friends of North Central West Virginia Inc | Support | $10,000 |
| Empty Bowls Monongalia | Sponsorship | $10,000 |
| Marion County Chamber of Commerce | Support | $8,750 |
| Wesley Family Services Foundation | Support | $8,500 |
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Frequently asked questions
- Is West Virginia University Hospitals Inc a legitimate nonprofit?
- Yes. West Virginia University Hospitals Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 55-0643304, based in Morgantown, West Virginia. Donations are tax-deductible.
- What is West Virginia University Hospitals Inc's EIN?
- West Virginia University Hospitals Inc's Employer Identification Number (EIN) is 55-0643304.
- How much revenue does West Virginia University Hospitals Inc report?
- West Virginia University Hospitals Inc reported $2,472,013,833 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of West Virginia University Hospitals Inc's spending goes to programs?
- West Virginia University Hospitals Inc spends about 85% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does West Virginia University Hospitals Inc have?
- CharityIndex grades West Virginia University Hospitals Inc A, based on program efficiency and fundraising cost.
- How much does West Virginia University Hospitals Inc's highest-paid employee make?
- The highest reported compensation on West Virginia University Hospitals Inc's latest Form 990 is $982,432, paid to Michael Grace (President).
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Data for West Virginia University Hospitals Inc (EIN 55-0643304) 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.