Wake Forest University Baptist Medical Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 12,836 | 12,836 | 0 | 0.0 | 0% |
| 2012 | 190,873 | 190,873 | 0 | 0.0 | 0% |
| 2013 | 327,803 | 348,633 | −20,830 | 2552.8 | 0% |
| 2014 | 322,352 | 1,045,792 | −723,440 | 947.0 | 0% |
| 2015 | 4,664,620 | 1,093,449 | 3,571,171 | 1108.4 | 0% |
| 2016 | 25,929,187 | 32,105,390 | −6,176,203 | 48.0 | 42% |
| 2017 | 143,160,669 | 156,616,705 | −13,456,036 | 7.6 | 50% |
| 2018 | 143,937,875 | 138,982,200 | 4,955,675 | 10.6 | 54% |
| 2019 | 141,446,455 | 163,752,837 | −22,306,382 | -11.2 | 50% |
| 2020 | 135,588,853 | 152,452,854 | −16,864,001 | -13.1 | 50% |
| 2021 | 205,958,249 | 151,025,697 | 54,932,552 | -18.0 | 49% |
| 2022 | 169,430,781 | 184,950,341 | −15,519,560 | -17.1 | 49% |
| 2023 | 163,386,699 | 197,909,707 | −34,523,008 | -18.1 | 49% |
In its most recent public year (2023), this organization spent $34,523,008 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-18.1 months), down from 0 in 2011. Staff pay was 49% of spending. $50,084,929 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Wake Forest University Baptist Medical Center's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works