Wakemed
Raleigh, North Carolina
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Above Average
How This Organization Compares
Compared to 39 peers in Health Care with $10M-$100M 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 | $32,481,397↑1% | $40,871,945↑3% | $408,937,900↓1% | — |
| 2022 | $32,094,659↑7% | $39,641,163↑25% | $412,467,377↑29% | — |
| 2021 | $30,125,616↑13% | $31,694,086↑15% | $319,222,964↑10% | — |
| 2020 | $26,561,346↑19% | $27,649,469↑12% | $289,005,823↑12% | — |
| 2019 | $22,227,500↑24% | $24,674,892↑17% | $258,401,254↓2% | — |
| 2018 | $17,936,574↓19% | $21,029,878↑1% | $263,274,887 | — |
| 2017 | $22,146,388↑71% | $20,884,281↑17% | $262,491,055↑40% | — |
| 2016 | $12,923,234↓11% | $17,898,530↑2% | $187,788,151↓1% | — |
| 2015 | $14,499,260↓71% | $17,534,807↓23% | $189,674,558↑36% | — |
| 2014 | $49,685,598↓27% | $22,635,138↑16% | $139,202,407↑2% | — |
| 2013 | $68,306,265↑1% | $19,567,388↑44% | $136,095,506↑10% | — |
| 2012 | $67,344,756↑31% | $13,564,848↑28% | $123,314,913↑32% | — |
| 2011 | $51,386,815 | $10,593,623 | $93,749,367 | — |
Frequently Asked Questions
What does Wakemed do?▼
Wakemed is a health care nonprofit organization based in North Carolina. It is classified under NTEE code E21 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Wakemed financially healthy?▼
Based on our 9-metric Financial Health Score model, Wakemed has a score of 57/100 (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 Wakemed generate?▼
Wakemed reports $44.6M in annual revenue and holds $481.0M in total assets, based on IRS filings.
Similar Organizations
Explore more organizations in the Health Care category, or browse all nonprofits in North Carolina.