North Carolina Baptist Hospital Foundation

Analysis

North Carolina Baptist Hospital Foundation is a registered charity in United States, based in Winston Salem, NC. It received its IRS tax-exemption ruling in September 1986, 40 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, North Carolina Baptist Hospital Foundation reported income of $1.0m and spending of $1.1m, spending 108% of what it took in. Across the 6 years on record, from June 2019 to December 2023, income fell from $2.3m to $1.0m (-55%), an average of -15% a year. The sharpest change came in the year to December 2021, when income rose by 250%. Over the whole period it spent 20% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, North Carolina Baptist Hospital Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within NC. Charities of a similar size with the same main cause include Quality Independence Inc ($1.0m), Pregnancy Care Center Inc ($1.0m) and Ryan Shazier Fund for Spinal Rehabilitation ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% of the total. At year end it held assets of $54.5m against liabilities of $11k, net assets of $54.5m.