Wake Forest Emergency Providers

Analysis

Wake Forest Emergency Providers is a registered charity in United States, based in Winstonsalem, NC. It received its IRS tax-exemption ruling in August 1996, 30 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Wake Forest Emergency Providers reported income of $90.5m and spending of $89.7m, spending 99% of its income. Across the 6 years on record, from June 2019 to December 2023, income grew from $23.9m to $90.5m (+278%), an average of +30% a year. The sharpest change came in the year to December 2022, when income rose by 192%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Wake Forest Emergency Providers sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 100th percentile within NC. Charities of a similar size with the same main cause include Dap Health Inc ($90.4m), Foundation for Innovative New Diagnostics Find ($90.6m) and Wheeler Clinic Inc ($90.3m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $71.6m. At year end it held assets of $25.5m against liabilities of $26.7m, net assets of -$1.2m. It reported 464 employees.