Mary Washington Healthcare

Mary Washington Healthcare consistently operates with high revenue and expenses, maintaining a generally positive financial margin.

EIN: 201106426 · Fredericksbrg, VA · NTEE: E22 · Updated: 2026-03-28

$1.1BRevenue
$1.1BGross Revenue
$620.3MAssets
85/100Mission Score (Excellent)
E22

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Mary Washington Healthcare Financial Summary
MetricValue
Total Revenue$1.1B
Total Expenses$919.0M
Program Spending98%
Net Assets$269.3M
Transparency Score85/100

Search Intent Cockpit

Mary Washington Healthcare Form 990, Revenue, CEO Pay, and IRS Filing Signals

Mary Washington Healthcare is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Mary Washington Healthcare in one place.

Form 990 Filing Summary

14 filing years are available, with latest revenue of $937.2M and expenses of $919.0M.

Revenue and Expenses

Mary Washington Healthcare reported $937.2M in revenue and $919.0M in expenses, a surplus of $18.2M.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

85/100 mission score, 1 red flag, and 4 strengths are shown from structured and AI review.

Is Mary Washington Healthcare Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
98%Program Expense
$0Grants Paid
14Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Mary Washington Healthcare Expense Deployment
Program services$900.6M (98%)

Across stored filings, Mary Washington Healthcare shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

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Mary Washington Healthcare Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 1 red flag identified
Mission spend98% to programsExcellent
Financial durabilityGrade A14 stored filing years
Peer contextCompare with Association Of Small Business Development CentersVirginia and Health context

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Mary Washington Healthcare directs 98% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Mary Washington Healthcare

Mary Washington Healthcare (EIN: 201106426) is a nonprofit organization based in Fredericksbrg, VA, classified under NTEE code E22. The organization reported total revenue of $1.1B and total assets of $620.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mary Washington Healthcare's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

22Years Operating
MajorSize Classification
14Years of Filings
MixedRevenue Trajectory

Mary Washington Healthcare is a major nonprofit that has been operating for 22 years, with 14 years of IRS 990 filings on record (2010–2023).

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$937.2M
Total Expenses$919.0M
Surplus / Deficit+$18.2M
Total Assets$518.7M
Total Liabilities$249.4M
Net Assets$269.3M
Operating Margin1.9%
Debt-to-Asset Ratio48.1%
Months of Reserves6.8 months

Financial Health Grade: A

In 2023, Mary Washington Healthcare reported a surplus of $18.2M with revenue exceeding expenses, holds 6.8 months of operating reserves (strong position), has a debt-to-asset ratio of 48.1% (moderate leverage).

Financial Trends

YearRevenue ChangeExpense ChangeAsset Change
2023+12.2%+9.6%+12.3%
2022-3.2%-0.1%-22.2%
2021+16.7%+18.7%+0.4%
2020+0.8%+0.3%+24.4%
2019+12.0%+11.3%+10.8%

IRS Tax-Exempt Classification

IRS Classification Codes2000
IRS Ruling Date2004

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Mary Washington Healthcare demonstrates a consistent pattern of high revenue and expenses, indicative of a large operational scale in the healthcare sector. Over the past several years, the organization has generally maintained a positive net income, with revenues exceeding expenses, as seen in 2023 ($937M revenue vs. $919M expenses) and 2021 ($863M revenue vs. $839M expenses). However, there was a slight deficit in 2022 where expenses ($838M) marginally surpassed revenue ($835M). The organization's assets have shown growth, reaching $518M in 2023, suggesting a stable financial foundation. The consistent reporting of 0% officer compensation across all available filings is unusual for an organization of this size and may indicate that executive compensation is reported under different categories or that the 990-EZ form is being used, which has different reporting requirements for compensation, or that the data provided is incomplete regarding this specific field.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Mary Washington Healthcare with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 1%
  • programs: 98%
  • fundraising: 1%

According to IRS 990 filings, Mary Washington Healthcare allocates its expenses as follows: admin: 1%, programs: 98%, fundraising: 1%. With 98% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$937.2MTotal Revenue
$919.0MTotal Expenses
$518.7MTotal Assets
$249.4MTotal Liabilities
$269.3MNet Assets
  • The organization reported a surplus of $18.2M, with revenue exceeding expenses.
  • Debt-to-asset ratio: 48.1%.

Executive Compensation Analysis

The reported 0% officer compensation across all filings is highly unusual for an organization with over a billion dollars in revenue and suggests that executive compensation may be reported in other expense categories or that the provided data specifically for 'Officer Comp' is incomplete or not applicable under the filing type.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Mary Washington Healthcare's IRS 990 filings:

  • Unusually low (0%) reported officer compensation for a large organization, potentially indicating incomplete data or reporting under different categories.

Strengths

The following positive indicators were identified for Mary Washington Healthcare:

  • Consistent high revenue generation, exceeding $1 billion in latest reported revenue.
  • Generally positive net income, indicating financial stability over most periods.
  • Significant asset base ($518M in 2023), demonstrating strong financial foundation.
  • High proportion of expenses dedicated to programs (estimated 98%), suggesting strong mission focus.

Frequently Asked Questions about Mary Washington Healthcare

Is Mary Washington Healthcare a legitimate charity?

Mary Washington Healthcare (EIN: 201106426) is a registered tax-exempt nonprofit based in Virginia. Our AI analysis gives it a Mission Score of 85/100. It has 14 years of IRS 990 filings on record. Total revenue: $1.1B. 1 red flag identified. 4 strengths noted. Financial health grade: A.

How does Mary Washington Healthcare spend its money?

Mary Washington Healthcare directs 98% of its spending to programs and services. Fundraising costs 1%. This exceeds the 65% industry benchmark.

Are donations to Mary Washington Healthcare tax-deductible?

Mary Washington Healthcare is registered as a tax-exempt nonprofit (EIN: 201106426). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Mary Washington Healthcare's spending goes to programs?

Mary Washington Healthcare directs 98% to programs, 1% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Mary Washington Healthcare compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Mary Washington Healthcare is above average for NTEE category E22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Mary Washington Healthcare located?

Mary Washington Healthcare is headquartered in Fredericksbrg, Virginia and files with the IRS under EIN 201106426. It is classified under NTEE code E22.

How many years of IRS 990 filings does Mary Washington Healthcare have?

Mary Washington Healthcare has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.1B in total revenue.

How is executive compensation truly accounted for, given the 0% reported?

The consistent reporting of 0% for 'Officer Comp' across all filings for an organization of this scale (over $1 billion in revenue) strongly suggests that executive compensation is either categorized under other expense lines (e.g., salaries and wages) or that the specific field for 'Officer Comp' in the provided data is not capturing the full picture. Further investigation into the detailed IRS 990 forms (Part VII, Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors) would be necessary to understand how executive compensation is reported.

What is the specific breakdown of program service expenses?

While the overall program spending appears high (approximately 98% based on the difference between total expenses and a minimal administrative/fundraising estimate), the provided data does not offer a detailed breakdown of what constitutes these program service expenses. For a healthcare organization, this would typically include patient care, medical supplies, and direct healthcare services.

What caused the slight deficit in 2022?

In 2022, Mary Washington Healthcare reported expenses of $838,746,537 against revenues of $835,623,384, resulting in a slight operational deficit. This could be attributed to various factors such as increased operational costs, lower patient volumes, or significant capital expenditures not immediately offset by revenue. A deeper dive into the 2022 financial statements would be needed to pinpoint the exact causes.

Filing History

IRS 990 filing history for Mary Washington Healthcare showing financial trends over 14 years of public records:

Total assets increased by 4.5% over the same period, from $496.3M to $518.7M. Total functional expenses rose by 34.6%, from $682.9M to $919.0M. In its most recent filing year (2023), Mary Washington Healthcare reported a surplus of $18.2M, with revenue exceeding expenses. The organization holds $249.4M in liabilities against $518.7M in assets (debt-to-asset ratio: 48.1%), resulting in net assets of $269.3M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $937.2M $919.0M $518.7M $249.4M
2022 $835.6M $838.7M $461.9M $249.9M View 990
2021 $863.4M $839.4M $593.7M $353.4M View 990
2020 $740.0M $707.3M $591.4M $390.2M View 990
2019 $734.2M $705.3M $475.2M $312.1M View 990
2018 $655.7M $633.6M $428.8M $275.5M View 990
2017 $658.9M $645.7M $427.5M $278.5M View 990
2016 $634.6M $614.6M $418.4M $285.5M View 990
2015 $593.5M $586.4M $432.2M $290.3M View 990
2014 $613.8M $598.4M $446.1M $291.9M View 990
2013 $592.1M $603.9M $464.7M $297.3M View 990
2012 $555.5M $577.2M $491.1M $305.1M View 990
2011 $633.2M $638.6M $531.4M $316.7M View 990
2010 $0 $682.9M $496.3M $329.3M View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $937.2M, expenses of $919.0M, and assets of $518.7M (revenue +12.2% year-over-year).
  • 2022: Revenue of $835.6M, expenses of $838.7M, and assets of $461.9M (revenue -3.2% year-over-year).
  • 2021: Revenue of $863.4M, expenses of $839.4M, and assets of $593.7M (revenue +16.7% year-over-year).
  • 2020: Revenue of $740.0M, expenses of $707.3M, and assets of $591.4M (revenue +0.8% year-over-year).
  • 2019: Revenue of $734.2M, expenses of $705.3M, and assets of $475.2M (revenue +12.0% year-over-year).
  • 2018: Revenue of $655.7M, expenses of $633.6M, and assets of $428.8M (revenue -0.5% year-over-year).
  • 2017: Revenue of $658.9M, expenses of $645.7M, and assets of $427.5M (revenue +3.8% year-over-year).
  • 2016: Revenue of $634.6M, expenses of $614.6M, and assets of $418.4M (revenue +6.9% year-over-year).
  • 2015: Revenue of $593.5M, expenses of $586.4M, and assets of $432.2M (revenue -3.3% year-over-year).
  • 2014: Revenue of $613.8M, expenses of $598.4M, and assets of $446.1M (revenue +3.7% year-over-year).
  • 2013: Revenue of $592.1M, expenses of $603.9M, and assets of $464.7M (revenue +6.6% year-over-year).
  • 2012: Revenue of $555.5M, expenses of $577.2M, and assets of $491.1M (revenue -12.3% year-over-year).
  • 2011: Revenue of $633.2M, expenses of $638.6M, and assets of $531.4M.
  • 2010: Revenue of $0, expenses of $682.9M, and assets of $496.3M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Mary Washington Healthcare:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing 2010 Filing

Data Sources and Methodology

This transparency report for Mary Washington Healthcare is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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