WakeMed

Raleigh, NC, US
501(c)(3)
EIN
56-6017737
Hospital
Parent Organization
Logo for "WakeMed"
Raleigh, NC, US
501(c)(3)
EIN
56-6017737
Hospital
Parent Organization

Overview

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Est.

1965

Fiscal Year Start

Oct 1

Organization Type

Grantseeker

AI Summary

WakeMed is a nonprofit organization dedicated to improving community health and well-being through outstanding and compassionate hospital and community healthcare services. With an operating budget of $2.3 billion for the 2024 filing year, WakeMed has established itself as a significant player in the healthcare sector, relying on multiple funders for its revenue, with no single source providing 50% or more. More information can be found on their website at www.wakemed.org.

Mission Statement

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

$2.3B

Expenses

$2.3B

Net Income:
+$11.6M
Assets

$2B

Liabilities

$1.1B

Net Assets:
+$885.9M
Operating Budget

$2.3B

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

6

Median grant size
$74.6K
Largest grant received
$270.4K
D
Donald Gintzig
Board Member
D
Dan Blue Iii
Board Member
B
Blount Williams
Board Member

Frequently Asked Questions

What is WakeMed’s budget?
In 2024, WakeMed reported an annual operating budget of around $2.3 billion. More detailed financial information is available to registered users.
What causes does WakeMed support?
WakeMed supports work in Hospital care and Community health care.
Where does WakeMed operate?
WakeMed is headquartered in Raleigh, NC.
Who funded WakeMed recently?
In 2025, WakeMed received grants from THE GAP FOUNDATION, WAKEMED GROUP RETURN, and American Heart Association Inc. More information on this organization’s funders is available to registered users.
What is the largest grant WakeMed received in 2024?
The largest grant to WakeMed in 2024 exceeds $270 thousand.
What is WakeMed’s reliance on government grants?
WakeMed relied on government grants for less than 5% of their total revenue in 2024.
Overview
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