Skip to content

Virginia · Nonprofit

CARILION MEDICAL CENTER

CARILION MEDICAL CENTER (Virginia) receives grants from 27 organizations whose IRS filings report $2,458,231 to it, the largest being VIRGINIA HOSPITAL RESEARCH AND EDUCATION FOUNDATION ($675,727). 15 of them have funded it in more than one year.

Revenue FY2025
$2.3B
Funders on record
27
Grants received
$2.5M
Net assets
$1.3B
15/27 repeat funderspeak grant-dependency 0%
01What it does

What Carilion Medical Center does

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.

As stated on its FY2025 Form 990.

Program

  1. Carilion Medical Center (cmc) is an affiliate of carilion clinic, a not-for-profit health system headquartered in roanoke, virginia. Cmc includes carilion roanoke memorial hospital, carilion roanoke community hospital and surrounding clinics and practices. Carilion roanoke memorial hospital's commitment to improving the health of its community is recognized through its ranking among the elite 11% of best hospitals nationally and among the top three hospitals in virginia by u.s. News and world report. Cmc also has earned five magnet designations for nursing excellence, placing it in the top 1% of hospitals globally and the only one in virginia to earn the honor. Committed to innovation and clinical excellence and supported by education and research, carilion operates a regional cancer center, the region's only level I trauma center, and the region's only pediatric center of excellence, with an inpatient unit within carilion roanoke memorial hospital that includes a pediatric intensive care unit, virginia's third largest neonatal icu, trauma care and western virginia's only pediatric level I trauma center. Cmc admitted over 40,615 patients, delivered 3,366 babies, and provided…

    $1,820,436,126 spentof which $7,507,297 as grants$2,225,122,325 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $1,820,436,126.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($1.4B) Expenses 100 ($1.3B) Net assets 100 ($526M)2018 Revenue 101 ($1.4B) Expenses 104 ($1.3B) Net assets 126 ($660M)2019 Revenue 109 ($1.5B) Expenses 109 ($1.4B) Net assets 99 ($522M)2020 Revenue 111 ($1.5B) Expenses 111 ($1.4B) Net assets 111 ($583M)2021 Revenue 129 ($1.8B) Expenses 125 ($1.6B) Net assets 193 ($1.0B)2022 Revenue 125 ($1.7B) Expenses 135 ($1.7B) Net assets 181 ($949M)2023 Revenue 128 ($1.7B) Expenses 139 ($1.8B) Net assets 182 ($955M)2024 Revenue 145 ($2.0B) Expenses 151 ($1.9B) Net assets 194 ($1.0B)2025 Revenue 170 ($2.3B) Expenses 170 ($2.2B) Net assets 241 ($1.3B)
'17'18'19'20'21'22'23'24'25
Revenue (170)Expenses (170)Net assets (241)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $1.5B to $1.9B (+26%).

$1.4B
$1.5B
$1.5B
$1.9B
$2.2B
$1.9B
$2.0B
$2.2B
$2.4B
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 0% · 2018 0% · 2019 0% · 2020 2% · 2021 3% · 2022 2% · 2023 1% · 2024 0% · 2025 0%. Grants only. Government contracts and fees sit inside program revenue.

0% of CARILION MEDICAL CENTER’s revenue is contributions — about as donation-reliant as the typical peer (1% for the typical peer).

This organization
Typical peer · 2,214 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.

$94M
’17
$62M
’18
$107M
’19
$105M
’20
$177M
’21
−$3.9M
’22
−$27M
’23
$65M
’24
$164M
’25
0.0
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Steven Arner

CEO

As listed on its FY2025 Form 990.

2017201820242025
Listed32333031
Joined·+8·+6
No longer listed·7·5
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 7 funders to 10 funders, grant income fell $324k → $255k.

2 of 27 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 7% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $6.1M from 3 payers (the payer shares this organization's board, largest Carilion Clinic Foundation). These are real filings, and they are not money CARILION MEDICAL CENTER raised.

From the IRS filings of CARILION MEDICAL CENTER’s funders (the co-funder graph). Top 24 of 27 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

CARILION MEDICAL CENTER has a broad base — no single funder exceeds 27% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

95% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund CARILION MEDICAL CENTER.

27%
largest funder
53%
top three
~8
effective funders

Largest funder’s share by year: 2017 49% · 2018 50% · 2019 41% · 2020 34% · 2021 73% · 2022 34% · 2023 38% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

25% of CARILION MEDICAL CENTER's funders are still giving 3 years after their first grant; 56% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

CARILION MEDICAL CENTER draws 51% of its grant income from funders outside Virginia, across 10 states in all.

WA
IL
NY
PA
CA
CO
VA
MD
OK
GA

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Virginia out of state home

Funder states come from each funder’s own filing. $182k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

CARILION MEDICAL CENTER runs a healthier operating margin than half of the 1,256 health nonprofits its size.

Operating margin7% · above the median
Months of reserve0.0mo · bottom quartile
Revenue growth (annualized)7% · below the median

this organization peer median middle 50% of peers· 1,256 health nonprofits over $100M, FY2025

Government funding CARILION MEDICAL CENTER receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $21.2M on record — $21.1M federal, $127k state.

Federal$21.1M
grants $9.0Mcontracts $12.1M
17
18
19
20
21
22
23
24
25
26
Top agencies
  • Department of Veterans Affairs$12.0M
  • Department of Health and Human Services$7.8M
  • Department of Agriculture$948k
  • Department of Commerce$317k
State$127k
03
18
19
20
21
22
23
24
By state
  • MA$127k
  • NJ$36

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like CARILION MEDICAL CENTER

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Virginia

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

84% of spending goes to programs.

Program 84%Management 16%Fundraising 0%

Governance

11
board members
55%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

VA

Part of a family of 33 related entities

  • Rmh Emergency Services LLC · disregarded
  • Carilion Clinic · exempt
  • Carilion Clinic Foundation · exempt
  • Carilion Franklin Memorial Hospital · exempt
  • Carilion Giles Community Hospital · exempt

Screen this organization

A dated, signed PDF of the compliance screen for CARILION MEDICAL CENTER: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds CARILION MEDICAL CENTER?
CARILION MEDICAL CENTER (Virginia) receives grants from 27 organizations whose IRS filings report $2,458,231 to it, the largest being VIRGINIA HOSPITAL RESEARCH AND EDUCATION FOUNDATION ($675,727). 15 of them have funded it in more than one year.
How many funders does CARILION MEDICAL CENTER have?
IRS filings report 27 organizations giving $2,458,231 in grants to CARILION MEDICAL CENTER, 15 of which have funded it in more than one year.
Who is the largest funder of CARILION MEDICAL CENTER?
VIRGINIA HOSPITAL RESEARCH AND EDUCATION FOUNDATION is the largest funder on record, with $675,727 in grants. The full list of funders is on this page.
How can an organization like CARILION MEDICAL CENTER find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 27 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing