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North Carolina · Nonprofit

CALDWELL MEMORIAL HOSPITAL INC

CALDWELL MEMORIAL HOSPITAL INC (North Carolina) receives grants from 8 organizations whose IRS filings report $995,134 to it, the largest being THE DUKE ENDOWMENT ($250,000). 5 of them have funded it in more than one year.

Revenue FY2025
$220M
Funders on record
8
Grants received
$995k
Net assets
$98M
5/8 repeat funderspeak grant-dependency 0%
01What it does

What Caldwell Memorial Hospital Inc does

Mission

To provide safe, effective, compassionate care and to promote healthy lifestyles to our community.

As stated on its FY2025 Form 990.

Program

  1. Caldwell Memorial Health, Inc. d/b/a UNC Health Caldwell is a component unit of the University of North Carolina Health Care System (UNCHCS). UNC Health Caldwell is a 5013 corporation whose sole corporate member is UNCHCS. Caldwell's mission is "to provide safe, effective, and compassionate care and to promote healthy lifestyles to our community." More broadly UNC Health's mission is "To improve the health and well-being of North Carolinians and others we serve." Our system values are One Great Team, Carolina Care, Leading the Way and It Starts with Me. In fulfilling this mission, Caldwell Memorial Health, Inc. provides medically necessary care to all individuals regardless of their ability to pay and reinvests resources to address unmet health needs, particularly in a rural and medically underserved region. Since opening in 1951, Caldwell Memorial Hospital, Inc. has continued to grow and change to better meet the needs of our community. Anchored by a 137 bed, acute care facility, Caldwell has a 74-year history of providing excellent health services to the residents and visitors of Caldwell and surrounding counties. Caldwell provides comprehensive care and services throughout…

    $172,359,240 spent$217,135,910 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $172,359,240.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($130M) Expenses 100 ($121M) Net assets 100 ($48M)2018 Revenue 101 ($132M) Expenses 100 ($122M) Net assets 121 ($57M)2019 Revenue 118 ($154M) Expenses 117 ($142M) Net assets 145 ($69M)2020 Revenue 108 ($141M) Expenses 117 ($142M) Net assets 143 ($68M)2021 Revenue 124 ($162M) Expenses 131 ($158M) Net assets 150 ($71M)2022 Revenue 138 ($179M) Expenses 145 ($176M) Net assets 156 ($74M)2023 Revenue 147 ($192M) Expenses 156 ($189M) Net assets 163 ($78M)2024 Revenue 159 ($207M) Expenses 169 ($205M) Net assets 168 ($80M)2025 Revenue 169 ($220M) Expenses 166 ($202M) Net assets 206 ($98M)
'17'18'19'20'21'22'23'24'25
Revenue (169)Expenses (166)Net assets (206)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $140M to $162M (+16%).

$81M
$86M
$98M
$106M
$106M
$123M
$123M
$140M
$162M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 3%. Grants only. Government contracts and fees sit inside program revenue.

1% of CALDWELL MEMORIAL HOSPITAL INC’s revenue is contributions — about as donation-reliant as the typical peer (1% for the typical peer).

This organization
Typical peer · 2,211 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.

$8.8M
’17
$9.8M
’18
$12M
’19
−$1.2M
’20
$3.4M
’21
$3.4M
’22
$3.1M
’23
$2.3M
’24
$18M
’25
1.3
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

David Lowry MD

Director/President & CEO

Board chair

David Smith

Director/Chairman

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed262728262728323129
Joined·+5+7+5+7+4+7+4+7
No longer listed·46763359
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $25k → $52k.

Left out of every figure on this page: $11M from one payer (the payer shares this organization's board, largest Caldwell Memorial Hospital Foundation Inc). These are real filings, and they are not money CALDWELL MEMORIAL HOSPITAL INC raised.

From the IRS filings of CALDWELL MEMORIAL HOSPITAL INC’s funders (the co-funder graph). Top 7 of 8 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

CALDWELL MEMORIAL HOSPITAL INC has a broad base — no single funder exceeds 25% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

25%
largest funder
63%
top three
~6
effective funders

Largest funder’s share by year: 2017 100% · 2018 71% · 2019 83% · 2020 77% · 2021 85% · 2022 76% · 2023 78% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

68% of CALDWELL MEMORIAL HOSPITAL INC's grant income comes from North Carolina funders.

MO
NC

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
North Carolina out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

CALDWELL MEMORIAL HOSPITAL INC runs a healthier operating margin than half of the 1,241 health nonprofits its size.

Operating margin8% · above the median
Months of reserve1.3mo · above the median
Revenue growth (annualized)7% · below the median

this organization peer median middle 50% of peers· 1,241 health nonprofits over $100M, FY2025

Government funding CALDWELL MEMORIAL HOSPITAL INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $14 on record.

State$14
Top programs
  • FEES - GENERAL - COMMODITIES $14

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like CALDWELL MEMORIAL HOSPITAL INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In North Carolina

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

85% of spending goes to programs.

Program 85%Management 15%Fundraising 0%

Governance

12
board members
83%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Part of a family of 13 related entities

  • Unc Health Care System · exempt
  • Unc Hospitals · exempt
  • Caldwell Memorial Hospital Fndn Inc · exempt
  • Chatham Hospital Inc · exempt
  • Piedmont Triad Health Services · exempt

Screen this organization

A dated, signed PDF of the compliance screen for CALDWELL MEMORIAL HOSPITAL INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds CALDWELL MEMORIAL HOSPITAL INC?
CALDWELL MEMORIAL HOSPITAL INC (North Carolina) receives grants from 8 organizations whose IRS filings report $995,134 to it, the largest being THE DUKE ENDOWMENT ($250,000). 5 of them have funded it in more than one year.
How many funders does CALDWELL MEMORIAL HOSPITAL INC have?
IRS filings report 8 organizations giving $995,134 in grants to CALDWELL MEMORIAL HOSPITAL INC, 5 of which have funded it in more than one year.
Who is the largest funder of CALDWELL MEMORIAL HOSPITAL INC?
THE DUKE ENDOWMENT is the largest funder on record, with $250,000 in grants. The full list of funders is on this page.
How can an organization like CALDWELL MEMORIAL HOSPITAL INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Caldwell Memorial Hospital →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 8 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing