nonprofit · EIN 22-3849199 · NC
How much does WAKE FOREST UNIVERSITY HEALTH SCIENCES raise and spend?
WAKE FOREST UNIVERSITY HEALTH SCIENCES (NC, EIN 22-3849199) reported $1.6B in revenue and $1.5B in expenses for tax year 2023, with $983.7M in net assets (7.7 months of reserves). By expenses that ranks 311 of 539,974 e-filers, 33 of 57,594 in NTEE B: Education, 12 of 14,148 nonprofits in north carolina.
What stands out
WAKE FOREST UNIVERSITY HEALTH SCIENCES (NC, EIN 22-3849199) reported $1.6B in revenue and $1.5B in expenses for tax year 2023, with $983.7M in net assets (7.7 months of reserves). By expenses that ranks 311 of 539,974 e-filers, 33 of 57,594 in NTEE B: Education, 12 of 14,148 nonprofits in north carolina. Against NTEE B: Education: months of reserves 7.7 months, below the peer median of 11.8 months; officer compensation share of expenses 2.0%, below the peer median of 4.8%; contributions share of revenue 22.3%, below the peer median of 50.3%; surplus margin 6.5%, above the peer median of 5.2%.
Key figures, tax year 2023
As filed on Form 990; ratios computed by FACTANKER. Peer medians are percentile_cont over the group in the same year. Every filed line links to its record on the entity page.
| Measure | 2023 | Median, activity | Median, size | Median, all |
|---|---|---|---|---|
| Total revenue | $1.6B | $199.9k | $236.7M | $194.7k |
| Total expenses | $1.5B | $183.0k | $231.0M | $178.5k |
| Total assets | $2.1B | $845.8k | $318.0M | $775.3k |
| Net assets | $983.7M | $683.8k | $158.3M | $622.5k |
| Officer compensation (total per organisation) | $30.0M | $141.5k | $2.4M | $113.0k |
| Program service revenue share | 73.3% | 13.2% | 93.3% | 13.8% |
| Contributions share of revenue | 22.3% | 50.3% | 1.2% | 57.5% |
| Officer compensation share of expenses | 2.0% | 4.8% | 0.8% | 6.5% |
| Months of reserves | 7.7 months | 11.8 months | 7.4 months | 12.6 months |
| Surplus margin | 6.5% | 5.2% | 1.1% | 3.9% |
Year by year
6 filings on record.
| Tax year | Revenue | Expenses | Net assets | Reserves | Officer comp. | Rank |
|---|---|---|---|---|---|---|
| 2023 | $1.6B | $1.5B | $983.7M | 7.7 months | $30.0M | 311 |
| 2022 | $1.2B | $1.4B | $830.3M | 7.3 months | $27.0M | 340 |
| 2021 | $1.3B | $1.2B | $930.9M | 9.4 months | $17.3M | 193 |
| 2020 | $1.1B | $1.1B | $554.3M | 6.0 months | $16.3M | 357 |
| 2019 | $1.0B | $1.1B | $564.2M | 6.3 months | $16.3M | 346 |
| 2018 | $960.4M | $976.0M | $562.1M | 6.9 months | $15.0M | 359 |
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