Presbyterian Hospital
82% goes to programs $0 to raise $100 Strong reserves Growing revenue
Presbyterian Hospital is a 501(c)(3) organization based in Winston Salem, North Carolina, registered in 1956, with $2,274,729,924 in FY2024 revenue. CharityIndex grades it A, and it directs about 82% of spending to programs.
2085 Frontis Plaza Blvd, Winston Salem, NC, 27103 EIN 56-0554230 Since 1956
Revenue (FY2024)
$2.3B
▲ 15.9% vs prior year
Health median: $840K
Expenses (FY2024)
$1.9B
Net assets
$4.6B
Employees
8,475
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating82% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Presbyterian Hospital: 82% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating30 mo reserves · +19% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Presbyterian Hospital: 30 mo reserves · +19% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Presbyterian Hospital: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Presbyterian Hospital: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
See schedule o
Contact & location
- Address
- 2085 Frontis Plaza Blvd, Winston Salem, NC, 27103
- City
- Winston Salem
- State
- North Carolina
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $816.1M (FY2013) to $2.3B (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $199.6MNet assets $4.6B
Operating margin
18.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$4.8B
Total liabilities
$199.6M
Net assets
$4.6B
Salaries & benefits
$661.1M
36% of expenses
Board members
12
9 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,274,729,924▲15.9% | $1,852,763,844▲8.8% | $4,630,010,388▲60.1% | $4,829,574,533▲55.5% | 990 |
| 2023 | $1,961,862,731▲15.7% | $1,703,294,271▲7.6% | $2,891,312,943▲8.9% | $3,105,375,117▲8.2% | 990 |
| 2022 | $1,695,977,463▼6.6% | $1,582,529,523▲2.9% | $2,654,748,943▲5.1% | $2,871,169,174▲2.4% | 990 |
| 2021 | $1,815,365,290▲10.7% | $1,538,214,997▲5.7% | $2,526,135,405▲12.1% | $2,804,802,486▲9.9% | 990 |
| 2020 | $1,640,147,389▲3.4% | $1,455,871,122▲3.1% | $2,252,491,570▲8.7% | $2,552,970,287▲16.8% | 990 |
| 2019 | $1,586,146,516▲11.6% | $1,411,439,528▲17.7% | $2,071,901,713▲8.8% | $2,185,006,022▲9.8% | 990 |
| 2018 | $1,421,842,655▲13.1% | $1,198,849,423▲10.7% | $1,904,139,599▲13.0% | $1,989,743,576▲13.1% | 990 |
| 2017 | $1,257,385,926▲10.7% | $1,083,263,835▲15.4% | $1,685,752,215▲11.1% | $1,759,646,092▲11.2% | 990 |
| 2016 | $1,136,097,220▲4.8% | $938,386,755▲4.0% | $1,516,781,185▲14.5% | $1,582,728,240▲14.5% | 990 |
| 2015 | $1,083,710,746▲13.2% | $902,145,543▲9.6% | $1,324,925,369▲11.7% | $1,382,046,607▲11.9% | 990 |
| 2014 | $957,363,590▲17.3% | $822,957,030▲12.2% | $1,185,892,174▲47.1% | $1,235,603,556▲44.9% | 990 |
| 2013 | $816,134,000 | $733,240,665▲12.9% | $805,936,986▲28.0% | $852,444,161▲27.8% | 990 |
| 2011 | — | $649,505,457▲3.2% | $629,699,431▲13.6% | $667,273,513▲11.4% | 990 |
| 2010 | — | $629,265,498 | $554,309,355 | $598,721,752 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Saad Ehtisham — $1,340,881 (0.07% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Saad Ehtisham | Trustee, Svp, Pres Nhpmc/gcm | 50.2 | $1,340,881 |
| Sidney Fletcher Md | Svp Chief Clinical Officer | 45 | $1,121,681 |
| Alan Zausner Skarbnik | Oncologist | 45 | $1,053,018 |
| Peter Turk Md Facs | General Surgeon | 45 | $1,052,803 |
| Patricia Kropf | Oncologist | 45 | $1,023,230 |
| Kellie Schneider Md | Obgyn Gyn Onc | 45 | $879,386 |
| Jamie Feinour | Coo Pmc, Pres Nhcoh | 50 | $788,957 |
| Michael Riley | Fmr Ke (12/31/21) | 50 | $679,905 |
| Alice Pope | Evp/cfo (fr 4/29/24) | 0.2 | — |
| Geoffrey Gardner | Cfo (to 4/28/24) | 0.2 | — |
| James Johnson Md | Trustee | 0.2 | — |
| James Taylor | Chair | 0.5 | — |
| Janelle Lyons | Trustee | 0.2 | — |
| John Lewis | Trustee | 0.2 | — |
| Kandi Deitemeyer Edd | Vice Chair | 0.5 | — |
| Katrina King | Fmr Ke (12/31/21) | 0 | — |
| Kimberly Case Md | Trustee/palliative Care Physician | 0.2 | — |
| Luis Lobo | Trustee | 0.2 | — |
| Michelle Lee | Treasurer (to 12/31/24) | 0.5 | — |
| Patrick Wilson Md | Trustee | 0.2 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Aya Healthcare Inc | Staffing Services | $29,670,518 |
| Laboratory Corporation of America Holdin | Lab Services | $18,811,402 |
| Morrison Healthcare | Food Management Services | $15,107,578 |
| Trimedx Inc | Clinical Engineering Services | $13,222,797 |
| Surgical Specialists of Charlotte PA | Health Services | $9,199,715 |
Grants received · $271K total
13 grants to Presbyterian Hospital totaling $271K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Public Health Institute | Research | 2022 | $39,803 |
| Yale University | Subaward - sponsored research | 2022 | $7,500 |
| Public Health Institute | Research | 2021 | $8,800 |
| The Childrens Hospital of Philadelphia | Research | 2021 | $6,450 |
| The Childrens Hospital of Philadelphia | Research | 2020 | $16,663 |
| The Childrens Hospital of Philadelphia | Research | 2019 | $34,400 |
| Yale University | Subaward - sponsored research | 2019 | $11,500 |
| The Childrens Hospital of Philadelphia | Research | 2018 | $28,767 |
| The Childrens Hospital of Philadelphia | Research | 2017 | $10,817 |
| The Childrens Hospital of Philadelphia | Research | 2016 | $67,167 |
| The Childrens Hospital of Philadelphia | Research | 2015 | $22,125 |
| Patient Access Network Foundation | Patient assistance | 2015 | $5,904 |
| The Childrens Hospital of Philadelphia | Research | 2014 | $10,650 |
Grants made · $2.9M in FY2024
58 grants totaling $2.9M in FY2024 — showing the 15 largest. All grants made by Presbyterian Hospital →
| Recipient | Purpose | Amount |
|---|---|---|
| Foundation For the Carolinas | Community outreach | $503,571 |
| Charlotte Community Health Clinic Inc | Community outreach | $500,000 |
| Charlotte Symphony Orchestra Society Inc | Community outreach | $320,500 |
| Charlotte Regional Business Alliance | Community outreach | $277,000 |
| Cccp Community Trust | Community outreach | $130,000 |
| Cook Community Clinic Inc | Community outreach | $123,500 |
| American Heart Association Inc | Community outreach | $123,363 |
| Augustine Literacy Project-charlotte | Community outreach | $100,000 |
| Project 658 Inc | Community outreach | $77,850 |
| Breakthrough T1d | Community outreach | $52,000 |
| Heartbright Foundation | Community outreach | $45,000 |
| Town of Huntersville Nc | Community outreach | $38,000 |
| Blood Cancer United Inc | Community outreach | $35,000 |
| Charlotte Ballet | Community outreach | $27,844 |
| Community Building Initiative | Community outreach | $27,000 |
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Frequently asked questions
- Is Presbyterian Hospital a legitimate nonprofit?
- Yes. Presbyterian Hospital is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 56-0554230, based in Winston Salem, North Carolina. Donations are tax-deductible.
- What is Presbyterian Hospital's EIN?
- Presbyterian Hospital's Employer Identification Number (EIN) is 56-0554230.
- How much revenue does Presbyterian Hospital report?
- Presbyterian Hospital reported $2,274,729,924 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Presbyterian Hospital's spending goes to programs?
- Presbyterian Hospital spends about 82% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Presbyterian Hospital have?
- CharityIndex grades Presbyterian Hospital A, based on program efficiency and fundraising cost.
- How much does Presbyterian Hospital's highest-paid employee make?
- The highest reported compensation on Presbyterian Hospital's latest Form 990 is $1,340,881, paid to Saad Ehtisham (Trustee, Svp, Pres Nhpmc/gcm).
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Data for Presbyterian Hospital (EIN 56-0554230) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.