Novant Health Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 523,275,461 | 553,584,768 | −30,309,307 | 2.4 | 36% |
| 2012 | 574,502,470 | 579,022,876 | −4,520,406 | 3.7 | 38% |
| 2013 | 657,615,908 | 627,685,714 | 29,930,194 | 7.5 | 37% |
| 2014 | 647,551,508 | 634,747,432 | 12,804,076 | 0.3 | 39% |
| 2015 | 766,374,591 | 769,951,621 | −3,577,030 | -0.2 | 36% |
| 2016 | 764,869,270 | 763,511,971 | 1,357,299 | -1.2 | 39% |
| 2017 | 881,033,091 | 830,975,915 | 50,057,176 | 2.2 | 43% |
| 2018 | 911,864,857 | 825,152,601 | 86,712,256 | -1.2 | 43% |
| 2019 | 1,019,396,293 | 963,052,061 | 56,344,232 | 1.5 | 40% |
| 2020 | 1,066,591,387 | 1,042,047,954 | 24,543,433 | 3.2 | 38% |
| 2021 | 2,822,105,056 | 2,572,368,985 | 249,736,071 | 10.6 | 36% |
| 2022 | 3,193,826,783 | 3,217,545,790 | −23,719,007 | 7.8 | 36% |
| 2023 | 4,015,833,950 | 3,902,611,082 | 113,222,868 | 11.4 | 34% |
In its most recent public year (2023), this organization brought in $113,222,868 more than it spent. Its reserves stood at about 11.4 months of spending, up from 2.4 in 2011. Staff pay was 34% of spending. $284,792 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
Novant Health Inc'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