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North Carolina · Nonprofit

NORTH CAROLINA BAPTIST HOSPITAL

NORTH CAROLINA BAPTIST HOSPITAL (North Carolina) receives grants from 11 organizations whose IRS filings report $1,344,328 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($655,050). 7 of them have funded it in more than one year, and 69% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$3.3B
Funders on record
11
Grants received
$1.3M
Net assets
$1.7B
7/11 repeat funderspeak grant-dependency 0%
01What it does

What North Carolina Baptist Hospital does

Mission

See schedule o for continuationNorth Carolina Baptist Hospital (at times also referred to as the "hospital or "ncbh or "the filing organization") is an integral part of atrium health wake forest baptist (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. Ahwfb's vision is to be the first and best choice for care.

As stated on its FY2024 Form 990.

Program

  1. 1. Clinical services atrium health wake forest baptist is nationally recognized for clinical excellence and internationally known for pioneering research and clinical innovation. It offers expertise in more than 100 areas of medicine, encompassing comprehensive preventive and highly specialized care for all ages. Atrium health wake forest baptist's network includes the 167-bed comprehensive cancer center and the 144-bed brenner children's hospital, both of which are on the atrium health wake forest baptist medical center campus in winston-salem, as well as community hospitals in davidson, davie, guilford, and wilkes counties. Brenner children's hospital also includes the dale and karen sisel neonatal intensive care unit, with 51 all-private rooms. Across its service area of northwest north carolina and southwest virginia, atrium health wake forest baptist has seven emergency departments; 11 urgent care locations; 458 physician practices, including primary care and specialty clinics; 28 cancer care locations; and three ambulatory surgery centers. As of december 31, 2024, atrium health wake forest baptist employed 22,478 people, including over 2,000 physicians, 2,700 active medical…

    $3,015,986,253 spentof which $4,001,472 as grants$3,213,225,522 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $3,015,986,253.

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 ($1.7B) Expenses 100 ($1.7B) Net assets 100 ($1.1B)2018 Revenue 103 ($1.8B) Expenses 107 ($1.8B) Net assets 106 ($1.1B)2019 Revenue 110 ($1.9B) Expenses 116 ($2.0B) Net assets 109 ($1.2B)2020 Revenue 117 ($2.0B) Expenses 121 ($2.0B) Net assets 110 ($1.2B)2021 Revenue 70 ($1.2B) Expenses 73 ($1.2B) Net assets 140 ($1.5B)2022 Revenue 144 ($2.5B) Expenses 150 ($2.5B) Net assets 127 ($1.3B)2023 Revenue 171 ($3.0B) Expenses 174 ($2.9B) Net assets 141 ($1.5B)2024 Revenue 188 ($3.3B) Expenses 189 ($3.2B) Net assets 165 ($1.7B)
'17'18'19'20'21'22'23'24
Revenue (188)Expenses (189)Net assets (165)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 2023 to 2024, from $2.4B to $2.8B (+16%).

$1.9B
$2.0B
$2.1B
$2.3B
$2.5B
$2.2B
$2.4B
$2.8B
'17'18'19'20'21'22'23'24
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
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 0% · 2018 0% · 2019 0% · 2020 4% · 2021 1% · 2022 1% · 2023 0% · 2024 0%. Grants only. Government contracts and fees sit inside program revenue.

0% of NORTH CAROLINA BAPTIST HOSPITAL’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. 4 of the last 8 reported years ran a deficit.

$55M
’17
−$6.9M
’18
−$43M
’19
$818k
’20
−$12M
’21
−$21M
’22
$45M
’23
$81M
’24
0.0
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

Julie Ann Freischlag Md

CEO of ahwfb

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed3631252321202120
Joined·+3+4+2+4+2+2+2
No longer listed·81046313
03Who funds it

Who funds it, year by year

2017 → 2023: the base narrowed from 5 funders to 2 funders, grant income rose $60k → $87k.

3 of 11 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 69% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $9.9M from 5 payers (the payer shares this organization's board, largest North Carolina Baptist Hospital Foundation). These are real filings, and they are not money NORTH CAROLINA BAPTIST HOSPITAL raised.

From the IRS filings of NORTH CAROLINA BAPTIST HOSPITAL’s funders (the co-funder graph). Top 9 of 11 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

NORTH CAROLINA BAPTIST HOSPITAL leans on a few funders — its largest provides 49% of grant income and the top three 94%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

74% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund NORTH CAROLINA BAPTIST HOSPITAL.

49%
largest funder
94%
top three
~3
effective funders

Largest funder’s share by year: 2017 89% · 2018 100% · 2019 86% · 2020 43% · 2021 42% · 2022 48% · 2023 60% — 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.

How long its funders stay

43% of NORTH CAROLINA BAPTIST HOSPITAL's funders are still giving 3 years after their first grant; 64% give in more than one year at all.

first grant+1y+2y+3y+4y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

69% of NORTH CAROLINA BAPTIST HOSPITAL's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $412k that is directly attributable, 92% of it comes from funders outside North Carolina, across 4 states.

IL
MD
NC
TX

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. $932k arriving through sponsors registered in 3 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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

NORTH CAROLINA BAPTIST HOSPITAL has grown faster than half of the 2,075 health nonprofits its size.

Operating margin2% · below the median
Months of reserve0.0mo · bottom quartile
Revenue growth (annualized)9% · above the median

this organization peer median middle 50% of peers· 2,075 health nonprofits over $100M, FY2024

Government funding NORTH CAROLINA BAPTIST HOSPITAL receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $1k on record.

State$1k
22
23
24
Top programs
  • BENEFITS/CLAIMS-VENDOR-WORKER'S COMP MEDICAL PAY$1k

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 NORTH CAROLINA BAPTIST HOSPITAL

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

95% of spending goes to programs.

Program 95%Management 5%Fundraising 0%

Governance

6
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Part of a family of 8 related entities

  • Clemmons Medical Park LLC · disregarded
  • Wake Wellq LLC · disregarded
  • North Carolina Baptist Hospital Foundation · exempt
  • Carenet Inc · exempt
  • Wake Forest University Baptist Medical Center · exempt

Screen this organization

A dated, signed PDF of the compliance screen for NORTH CAROLINA BAPTIST HOSPITAL: 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 NORTH CAROLINA BAPTIST HOSPITAL?
NORTH CAROLINA BAPTIST HOSPITAL (North Carolina) receives grants from 11 organizations whose IRS filings report $1,344,328 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($655,050). 7 of them have funded it in more than one year, and 69% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does NORTH CAROLINA BAPTIST HOSPITAL have?
IRS filings report 11 organizations giving $1,344,328 in grants to NORTH CAROLINA BAPTIST HOSPITAL, 7 of which have funded it in more than one year.
Who is the largest funder of NORTH CAROLINA BAPTIST HOSPITAL?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $655,050 in grants. The full list of funders is on this page.
How can an organization like NORTH CAROLINA BAPTIST HOSPITAL 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.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 11 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