CENTRAL VIRGINIA HEALTH SERVICES INC
Mission Statement
Central Virginia Health Services (CVHS) is a community-based, non-profit that provides high quality primary health care. As the state's oldest and largest federally qualified community health center, it operates 18 health care practices that serve 19 localities (fifteen counties and four cities). In 2019 CVHS providers cared for 45,792 unduplicated patients. The mission that guides CVHS is to provide safe, accessible, affordable, comprehensive, high quality, and culturally sensitive health services to the people we serve. CVHS values and respects the dignity of all of its patients and includes them as partners in achieving and/or maintaining their optimal health. The organization’s values are: patient centered, integrity, professionalism, continuous improvement, compassion.
Financial Overview — FY 2025
Compared with Peers
FY 2025| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
77.9% | 84.3% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
22.1% | 14.8% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
11.6 mo | 7.7 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
9.4% | 27.1% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
83.3% | 85.5% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
5.0% | 7.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
9.3% | 6.7% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
6.6% | 2.7% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $90.3M | $84.3M | $81.6M | 77.9% | 719 |
| 2024 | $86.0M | $77.1M | $75.9M | 92.4% | 655 |
| 2023 | $72.4M | $65.1M | $65.9M | 81.2% | 597 |
| 2022 | $67.1M | $51.1M | $62.0M | 81.8% | 569 |
| 2021 | $55.6M | $46.2M | N/A | — | 495 |
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