Wake Forest University Health Sciences Group Return

Analysis

Wake Forest University Health Sciences Group Return is a registered charity in United States, based in Winstonsalem, NC. It received its IRS tax-exemption ruling in September 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Wake Forest University Health Sciences Group Return reported income of $103.2m and spending of $87.1m, spending 84% of its income. Across the 6 years on record, from June 2019 to December 2023, income fell from $104.0m to $103.2m (-0.7%), an average of -0.1% a year. The sharpest change came in the year to December 2022, when income rose by 89%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wake Forest University Health Sciences Group Return sits at the 99th percentile: it is one of the largest 1% in its cause. 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 Pitzer College ($103.0m), National University Foundation ($103.8m) and Regis College ($102.9m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $327.7m against liabilities of $7.7m, net assets of $320.0m.