Wakemed
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 943,074,605 | 937,225,334 | 5,849,271 | 9.1 | 44% |
| 2012 | 1,047,545,183 | 1,028,323,397 | 19,221,786 | 9.2 | 45% |
| 2013 | 993,148,612 | 1,034,321,170 | −41,172,558 | 8.9 | 47% |
| 2014 | 1,024,384,686 | 1,034,167,696 | −9,783,010 | 9.2 | 46% |
| 2015 | 1,065,229,638 | 1,098,223,727 | −32,994,089 | 7.8 | 46% |
| 2016 | 1,126,656,960 | 1,115,819,238 | 10,837,722 | 7.9 | 49% |
| 2017 | 1,243,670,802 | 1,193,051,148 | 50,619,654 | 7.2 | 49% |
| 2018 | 1,304,033,475 | 1,268,441,698 | 35,591,777 | 7.2 | 50% |
| 2019 | 1,413,415,643 | 1,385,455,081 | 27,960,562 | 7.0 | 49% |
| 2020 | 1,501,722,240 | 1,458,807,966 | 42,914,274 | 7.1 | 48% |
| 2021 | 1,717,539,715 | 1,673,018,960 | 44,520,755 | 7.0 | 47% |
| 2022 | 1,905,941,318 | 1,907,775,364 | −1,834,046 | 4.7 | 42% |
| 2023 | 2,067,993,368 | 2,092,838,776 | −24,845,408 | 4.4 | 43% |
In its most recent public year (2023), this organization spent $24,845,408 more than it brought in. Its reserves stood at about 4.4 months of spending, down from 9.1 in 2011. Staff pay was 43% of spending. $658,181 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
Wakemed'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