Public Charity

WAKE FOREST UNIVERSITY HEALTH SCIENCES

WAKE FOREST UNIVERSITY HEALTH SCIENCES, of WINSTONSALEM, NC, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $1.7B in revenue, $1.6B in expenses, $2.2B in total assets. 601 publicly reported grants to this organization, totaling roughly $178.7M, appear in IRS filings.

EIN: 223849199 WINSTONSALEM, NC Graduate & Professional Schools NTEE: B50 Latest filing: 2024
Total Revenue$1.7B
Total Expenses$1.6B
Total Assets$2.2B
Grant Records601
Funding Total$178.7M
Filing Years2020–2024

Mission

SEE SCHEDULE O FOR CONTINUATIONWAKE FOREST UNIVERSITY HEALTH SCIENCES (AT TIMES ALSO REFERRED TO AS "WAKE FOREST UNIVERSITY SCHOOL OF MEDICINE", "WFUHS OR "THE FILING ORGANIZATION") IS AN INTEGRAL PART OF ATRIUM HEALTH WAKE FOREST BAPTIST (AT TIMES ALSO REFERRED TO AS "AHWFB"), A PREEMINENT LEARNING HEALTH SYSTEM AND ACADEMIC MEDICAL CENTER OF THE HIGHEST QUALITY WITH BALANCED EXCELLENCE IN PATIENT CARE, RESEARCH AND EDUCATION THAT PROMOTES BETTER HEALTH FOR ALL THROUGH COLLABORATION, EXCELLENCE AND INNOVATION. AHWFB'S MISSION IS TO IMPROVE HEALTH, ELEVATE HOPE AND ADVANCE HEALING - FOR ALL AND ITS VISION IS TO BE THE FIRST AND BEST CHOICE FOR CARE.

Where $100 goes at Wake Forest University Health Sciences

How Wake Forest University Health Sciences divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$96 Programs the work itself
$4 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $96 for programs

$60
Patient care and medical expenses in providing services to over 1,621,000 patient encounters during the tax year
63% of program spending
$26
Professional education
27% of program spending · Reported in the filing: 775 students
$10
Medical research, general/other
10% of program spending · Reported in the filing: 1,309 grants; 500 patients; 22,478 people
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

CHAIR A Dale Jenkins
ACADEMIC FACULTY PHYSICIAN - CHAIR Anthony Atala Md
EVP, TREASURER Bradley A Clark
DIRECTOR Brenda Cline
CORPORATE SECRETARY Brian A White
DIRECTOR (TO 6/30/24) Cathy Wall Thomas Md

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$88,512,883 150 grants
Research & Policy
$46,709,072 195 grants
Health & Medicine
$16,835,862 97 grants
Education
$14,343,384 59 grants
Fundraising & Sponsorship
$2,462,255 3 grants

Financial Trends

Year Revenue Expenses Assets
2024 $1.7B $1.6B $2.2B
2023 $1.6B $1.5B $2.1B
2022 $1.2B $1.4B $1.9B
2021 $1.3B $1.2B $2.0B
2020 $1.1B $1.1B $1.6B

Between 2020 and 2024, reported annual revenue grew from $1.1B to $1.7B (+60%), with total assets most recently reported at $2.2B.

Interactive year-over-year charts and full filing details available with membership.

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