Public Charity

WAKEMED

WAKEMED is a nonprofit organization categorized as Public Charity based in RALEIGH, NC. Its most recent IRS filing (2025) reports revenue of $2.6B, expenses of $2.5B, total assets of $2.2B. Imperigo tracks 31 reported grant relationships connected to this organization totaling approximately $2.4M.

EIN: 566017737 RALEIGH, NC Community Health Systems NTEE: E21 Latest filing: 2025
Total Revenue$2.6B
Total Expenses$2.5B
Total Assets$2.2B
Grant Records31
Funding Total$2.4M
Filing Years2021–2025

Mission

THE MISSION OF WAKEMED IS TO IMPROVE THE HEALTH AND WELL-BEING OF OUR COMMUNITY WITH OUTSTANDING AND COMPASSIONATE CARE TO ALL.

Where $100 goes at Wakemed

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

$89 Programs the work itself
$11 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 $89 for programs

$42
Other program services include hospital in and outpatient ancillary care services in other specialty areas not listed above
47% of program spending · Reported in the filing: 1,050,768,482 grants
$27
Surgical services Wakemed provides surgical services in five locations throughout the county: Wakemed Raleigh campus, Wakemed cary hospital, Wakemed north, holly springs surgical ventures and capital city surgery…
31% of program spending
$13
Heart center Wakemed's heart and vascular program is one of the largest and most comprehensive cardiovascular programs in the state of north carolina
14% of program spending · Reported in the filing: 21,030 procedures; 23,103 patients

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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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.

Sample Grants Received

2025
FOR WAKEMED MENTAL HEALTH AND WELL-BEING HOSPITAL. PART OF THE WAKEMED WHOLE PERSON HEALTH CAMPUS IN GARNER NC
$175,000
2024
GENERAL SUPPORT - EMPLOYEE ASSISTANCE
$253,122
2024
FOR WAKEMED MENTAL HEALTH AND WELL-BEING HOSPITAL. PART OF THE WAKEMED WHOLE PERSON HEALTH CAMPUS IN GARNER NC
$125,000
2024
diabetes quality collective
$40,000
2023
GENERAL SUPPORT - EMPLOYEE ASSISTANCE
$270,400

Showing up to 5 of 31 total records — full history available with membership.

Officers & Directors

PHYSICIAN Ashish Patel Md
VP, CHIEF LEGAL OFFICER Brian Lynde
PHYSICIAN Bryon Boulton Md
SVP, STRATEGIC VENTURES & AMBULATORY OPERATIONS Carolyn Knaup
CHIEF MEDICAL OFFICER, RALEIGH Charles Harr Md
BOARD MEMBER Christina Alvarado Shanahan

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$1,530,782 13 grants
Mental Health & Substance Abuse
$300,000 2 grants
Health & Medicine
$171,500 2 grants
Public Safety & Disaster Relief
$150,000 1 grant
Research & Policy
$41,920 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $2.6B $2.5B $2.2B
2024 $2.3B $2.3B $2.0B
2023 $2.1B $2.1B $1.9B
2022 $1.9B $1.9B $1.7B
2021 $1.7B $1.7B $2.0B

Between 2021 and 2025, reported annual revenue grew from $1.7B to $2.6B (+51%), with total assets most recently reported at $2.2B.

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

See the full picture for WAKEMED

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