Novant Health INC
Winston Salem, North Carolina
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
How This Organization Compares
Compared to 354 peers in Health Care with >$1B revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $4,015,833,950↑26% | $3,902,611,082↑21% | $9,596,623,033↑7% | |
| 2022 | $3,193,826,783↑13% | $3,217,545,790↑25% | $8,958,963,272↓4% | — |
| 2021 | $2,822,105,056↑165% | $2,572,368,985↑147% | $9,335,899,762↑74% | — |
| 2020 | $1,066,591,387↑5% | $1,042,047,954↑8% | $5,365,829,428↑19% | — |
| 2019 | $1,019,396,293↑12% | $963,052,061↑17% | $4,524,203,756↑15% | — |
| 2018 | $911,864,857↑3% | $825,152,601↓1% | $3,940,829,650↓5% | — |
| 2017 | $881,033,091↑15% | $830,975,915↑9% | $4,150,453,269↑15% | — |
| 2016 | $764,869,270 | $763,511,971↓1% | $3,607,897,554↑1% | — |
| 2015 | $766,374,591↑18% | $769,951,621↑21% | $3,571,425,514↑12% | — |
| 2014 | $647,551,508↓2% | $634,747,432↑1% | $3,186,813,439↑5% | — |
| 2013 | $657,615,908↑14% | $627,685,714↑8% | $3,023,715,011↑26% | — |
| 2012 | $574,502,470↑10% | $579,022,876↑5% | $2,400,489,338↑12% | — |
| 2011 | $523,275,461 | $553,584,768 | $2,138,191,052 | — |
Frequently Asked Questions
What does Novant Health INC do?▼
Novant Health INC is a health care nonprofit organization based in North Carolina. It is classified under NTEE code E22 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Novant Health INC financially healthy?▼
Based on our 9-metric Financial Health Score model, Novant Health INC has a score of 72/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Novant Health INC generate?▼
Novant Health INC reports $6.5B in annual revenue and holds $14.6B in total assets, based on IRS filings.
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