CARILION MEDICAL CENTER

ROANOKE, VA, 240252385 (540) 224-5102 Est. 1899 EIN 54-0506332
E20 - Hospitals 990 - Public charity return 501(c)(3)
www.carilionclinic.org

Mission

OUR MISSION IS TO IMPROVE THE HEALTH OF THE COMMUNITIES WE SERVE THROUGH OUR COMMITMENT TO A COMMON PURPOSE OF BETTER PATIENT CARE, BETTER COMMUNITY HEALTH, AND LOWER COST.

Giving Portfolio

Total Grants
295
Total Giving
$39.8M
Recipients
291
Years Active
2017 - 2024
Avg grant: $138,783 Median: $15,650

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
202437$7.1M $192K1225
202331$5.9M $191K328
202234$5.8M $171K628
202137$8.4M $227K631
202026$1.6M $63K916
201929$4.2M $146K722
201859$5.6M $95K2630
201742$1.1M $26K420

Sectors Funded

Arts, Culture & Humanities
41
Human Services
32
Diseases & Disorders
26
Health Care
20
Education
20
Food, Agriculture & Nutrition
13
Philanthropy & Grantmaking
13
Crime & Legal-Related
7
and 11 more sectors

Top States

Virginia
246
District of Columbia
3
North Carolina
3
New York
3
Illinois
2
Colorado
2
Arizona
2
Maryland
1
and 2 more states

Grantee Size Profile

$1M - $5M
114
Over $50M
32
$100K - $500K
28
$5M - $10M
24
$10M - $50M
24
$500K - $1M
9
Under $100K
8

Top Grantees

Page 1 of 3
$13.8M
Virginia Tech Carilion School of Medicine
VA - 2 grants
$3.0M
Radford University
VA - 2 grants
$1.1M
$700K

Grants Awarded · 244 grants

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Financials

Total Revenue
$2,324,266,131
Total Expenses
$2,159,987,081
Net Assets
$1,265,290,674
10,579 employees 495 volunteers
From latest filing (tax period ending 2025-09-30)

Financial Health

Operating Reserve
7.0 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 17.2%
Expenses ↑ 12.6%
Revenue Sources
Contributions 0.4% Earned revenue 95.1% Investment 3.5% Other 1.0%
Expense Breakdown
Program 84.3% Management 15.7%

Officers & Trustees (31)

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Filing History (8 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Oct 1, 2024 to Sep 30, 2025
$2,324,266,131 ↑$2,159,987,081$1,265,290,674
2023 990 - Public charity return
Oct 1, 2023 to Sep 30, 2024
$1,983,462,548 ↑$1,918,638,997$1,019,047,811
2022 990 - Public charity return
Oct 1, 2022 to Sep 30, 2023
$1,742,822,940 ↑$1,769,567,616$955,476,693
2021 990 - Public charity return
Oct 1, 2021 to Sep 30, 2022
$1,707,278,174 ↓$1,711,194,836$948,774,089
2020 990 - Public charity return
Oct 1, 2020 to Sep 30, 2021
$1,763,656,748 ↑$1,586,779,603$1,012,004,269
2019 990 - Public charity return
Oct 1, 2019 to Sep 30, 2020
$1,508,211,860 ↑$1,403,447,594$582,799,683
2018 990 - Public charity return
Oct 1, 2018 to Sep 30, 2019
$1,489,550,023 ↑$1,382,660,716$521,887,810
2017 990 - Public charity return
Oct 1, 2017 to Sep 30, 2018
$1,381,655,878 $1,319,983,975$659,637,804

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EIN: 54-0506332 · Source: IRS Form 990 e-file data