EHealth CareEIN: 561752396· Ruling Year: 1992

New Hanover Regional Medical Center Foundation Inc

Winston Salem, North Carolina

B+Health Score
69B+

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 2 peers in Health Care with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org49.02×
Peer Median29.34×
💰
$4.4M
Total Revenue
📊
$2.5M
Total Expenses
🏦
$123.2M
Net Assets
📋
$395K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-13.4%
Year-over-year change (2022 → 2023)
Net Margin
+43.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
49.02
Net assets divided by total expenses
Liabilities-to-Assets
0.3%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$4,405,96213%$2,512,39123%$123,547,68858%
2022$5,087,44513%$2,047,557669%$78,035,6608%
2021$5,863,19520%$266,21278%$84,378,0893%
2021$4,897,230111%$1,199,55433%$81,606,935269%
2020$2,325,4428%$1,783,5764%$22,114,9276%
2019$2,534,11418%$1,721,63042%$20,880,1224%
2018$3,072,03828%$2,992,53513%$20,037,6712%
2017$4,287,834119%$2,655,51842%$20,489,4847%
2016$1,958,12233%$1,873,2297%$19,065,7146%
2015$2,925,64512%$1,749,88420%$18,069,60377%
2014$2,616,28927%$2,183,0503%$10,187,1398%
2013$2,052,88723%$2,124,89448%$9,415,9814%
2012$1,674,21521%$1,433,9489%$9,096,71110%
2011$1,379,393$1,575,580$8,292,764

Frequently Asked Questions

What does New Hanover Regional Medical Center Foundation Inc do?

New Hanover Regional Medical Center Foundation Inc is a health care nonprofit organization based in North Carolina. It is classified under NTEE code E12 and is registered as a 501(c) tax-exempt organization with the IRS.

Is New Hanover Regional Medical Center Foundation Inc financially healthy?

Based on our 9-metric Financial Health Score model, New Hanover Regional Medical Center Foundation Inc has a score of 69/100 (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 New Hanover Regional Medical Center Foundation Inc generate?

New Hanover Regional Medical Center Foundation Inc reports $5.7M in annual revenue and holds $130.5M in total assets, based on IRS filings.

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New Hanover Regional Medical Center Foundation Inc — Winston Salem, NC | GiveScope