Public Charity

REX HEALTHCARE INC

Based in RALEIGH, NC, REX HEALTHCARE INC operates as a Public Charity. The organization reported $8.0M in revenue, $8.0M in expenses, $2.8M in total assets for fiscal year 2025.

EIN: 561509129 RALEIGH, NC Latest filing: 2025
Total Revenue$8.0M
Total Expenses$8.0M
Total Assets$2.8M
Grant Records0
Filing Years2021–2025

Mission

PRIMARY EXEMPT PURPOSE - TO OPERATE, PROMOTE AND ADVANCE CHARITABLE, EDUCATIONAL, AND SCIENTIFIC PURPOSES BY SUPPORTING AND OPERATING FOR THE BENEFIT OF ITS SOLE MEMBER, THE UNIVERSITY OF NORTH CAROLINA HEALTH CARE SYSTEM, AND ITS SUPPORTED ORGANIZATIONS.

Where $100 goes at Rex Healthcare Inc

How Rex Healthcare Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$90 Programs the work itself
$10 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 $90 for programs

$90
To operate, promote and advance charitable, educational, and scientific purposes by supporting and operating for the benefit of its sole member, the university of north carolina health caresystem…
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Former Director Ernest Bovio Jr
Director/President & Chairman Jeff Lindsay
Director Lynne Fiscus Md
Director Matthew Ewend Md
Director/Treasurer & Secretary Will Bryant

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $8.0M $8.0M $2.8M
2024 $6.8M $6.9M $2.0M
2023 $4.9M $5.0M $59.7M
2022 $3.3M $3.3M $59.1M
2021 — — $87.3M

Between 2022 and 2025, reported annual revenue grew from $3.3M to $8.0M (+145%), with total assets most recently reported at $2.8M.

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

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