Medical Foundation of Wake Forest University Health Sciences and the

Analysis

Medical Foundation of Wake Forest University Health Sciences and the is a registered charity in United States, based in Winstonsalem, NC. It received its IRS tax-exemption ruling in October 1953, 73 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, Medical Foundation of Wake Forest University Health Sciences and the reported income of $72k and spending of $0, leaving 100% of income unspent that year. Across the 6 years on record, from June 2019 to December 2023, income grew from $59k to $72k (+21%), an average of +3.9% a year. The sharpest change came in the year to December 2023, when income rose by 501%. Over the whole period it spent 0.0% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Medical Foundation of Wake Forest University Health Sciences and the sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 26th percentile within NC. Charities of a similar size with the same main cause include Smashsmard Inc ($72k), Supporting Sunrise ($72k) and Topsfield-Boxford Community Club ($72k).

At year end it held assets of $12.5m against liabilities of $60k, net assets of $12.4m.