INOVA HEALTH CARE SERVICES

FAIRFAX, VA, 22031-4868 (703) 289-2433 Est. 1956 EIN 54-0620889
E200— Health Care Form 990 501(c)(3)
INOVA.ORG

Mission

IHCS was specifically chartered for the purpose of serving the health care 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 carrying on health-related scientific research; and engaging in activities designed and carried on to promote the general health of the community. IHCS includes a centralized System Office and the various unincorporated and incorporated subsidiaries which are described below.The unincorporated divisions of IHCS include: Inova Fairfax Hospital, Inova Mount Vernon Hospital, Inova Fair Oaks Hospital, Inova Alexandria Hospital, ACCESS of Reston, ACCESS of Fairfax, Inova Research Center, Assisted Living Facilities, Inova Physical Rehabilitation Services, Inova Urgent Care Centers, Inova Employee Assistance, and Behavioral Health and Addiction Treatment.

Financials

Total Revenue
$6,423,097,177
Total Expenses
$6,013,870,130
Net Assets
$4,636,411,849
29,281 employees 1,429 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
9.3 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 13.3%
Expenses ↑ 11.2%
Revenue Sources
Contributions 1.0% Earned revenue 93.5% Investment 0.7% Other 5.0%
Expense Breakdown
Program 85.0% Management 15.0%

Officers & Key Employees (20)

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Grants Received (652)

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Filing History (5 filings)

YearRevenueExpensesNet Assets
2024 Form 990$6,423,097,177 $6,013,870,130$4,636,411,849
2023 Form 990$5,667,336,357 $5,406,947,957$4,233,673,162
2022 Form 990$5,068,330,080 $4,952,842,506$3,975,955,108
2020 Form 990$3,834,513,226 $3,544,490,528$3,702,921,233
2018 Form 990$3,058,952,450 $2,893,875,679$2,575,465,773

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EIN: 54-0620889 · Source: IRS Form 990 e-file data