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Health · 2023 Form 990

Presbyterian Hospital: $2.0B Revenue, $1.7B Expenses

Winston Salem, North Carolina · EIN 560554230 · Filing year 2023

Presbyterian Hospital reported $2.0B in total revenue, $1.7B in total expenses, and $3.1B in total assets on its 2023 IRS Form 990. Total compensation for current officers and key employees was $2.2M (0.11% of revenue). NonprofitTruth efficiency grade: B (76/100).

Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.

Reviewed by NonprofitTruth Editorial Team · Updated
B
Efficiency Score
76/100

Key Facts (2023 Form 990)

Total Revenue
$2.0B
Total Expenses
$1.7B
Total Assets
$3.1B
Reserve Months
21.9 months
Surplus / (Deficit)
$258.6M
EIN
560554230
Latest 990 Year
2023
Current-Officer Compensation
$2.2M
Officer Comp % of Revenue
0.11%

The efficiency rubric puts Presbyterian Hospital at a B grade: a composite of 76/100 that lands above the national midpoint. The grade reflects solid financial reserves alongside reasonable officer compensation and steady revenue.

Presbyterian Hospital operates at corporate scale — $2.0B in reported 2023 revenue. At over a billion in annual revenue, nonprofits typically run consolidated operations across multiple states or business lines, and the IRS Form 990 reflects a much larger operational footprint than a typical 501(c)(3). On the reserves factor, Presbyterian Hospital scores well — assets relative to annual spending sit in the range nonprofit-finance experts consider healthy (roughly three months to two years of operating expenses).

Revenue trend is mildly positive across the five-year filing window — modest growth, consistent with stable funding sources keeping pace with organizational costs. Officer compensation is modest relative to organizational size: Presbyterian Hospital reports $2.2M in total compensation for current officers and key employees (Form 990 Part IX, line 5) against $2.0B in revenue. The ratio is well within the bands third-party charity raters consider reasonable at this scale. Presbyterian Hospital is categorized under Health — the largest segment of U.S. nonprofit revenue, dominated by hospitals, hospital systems, and health-research organizations. The financial profile in this category is capital-intensive, with large balance sheets and program service revenue that often dwarfs donations.


$2.0B
Revenue
$1.7B
Expenses
$3.1B
Total Assets
$2.2M
Officer Compensation

How Presbyterian Hospital Compares

Presbyterian Hospital earns a NonprofitTruth efficiency grade of B (76/100). That is 2 points below the Health category average. Compensation for current officers and key employees represents 0.11% of total revenue. The organization holds 21.9 months of operating reserves, indicating strong financial cushion.

Financials

990 Financial Snapshot

$1.7B
Total Expenses
Filing year 2023
$2.2M
Officer Compensation
0.11% of revenue
21.9 mo
Reserve Months
of expenses in assets

Based on IRS tax-exempt organization data, Presbyterian Hospital reported $2.0B in revenue against $1.7B in total functional expenses for filing year 2023, holding roughly 21.9 months of operating reserves. A program-vs-overhead split is not shown here because total program service expenses (Form 990 Part IX, line 25, column B) are not available in the ProPublica Nonprofit Explorer feed this site ingests; that breakdown can be read directly from the organization’s e-filed 990.

The 990 reports $2.2M in total compensation for current officers, directors, trustees, and key employees (Part IX, line 5) — 0.11% of total revenue. This is an aggregate across all listed officers; per-person amounts appear on Schedule J.

Trend

Revenue History

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Presbyterian Hospital has a NonprofitTruth Efficiency Score of B (76/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.

Presbyterian Hospital, Donor FAQ

Presbyterian Hospital has a NonprofitTruth Efficiency Score of B (76/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.

Presbyterian Hospital reports $2.2M in total compensation for current officers, directors, trustees, and key employees (IRS Form 990 Part IX, line 5), representing 0.11% of the organization's $2.0B in annual revenue. This is an aggregate figure for all listed officers, not a single executive's salary; per-person pay is detailed on Schedule J of the 990.

Presbyterian Hospital reported $2.0B in annual revenue and $1.7B in total expenses for filing year 2023. The organization holds $3.1B in total assets.

Presbyterian Hospital holds approximately 21.9 months of operating reserves (total assets relative to annual expenses) based on its 2023 IRS Form 990, one input into its B efficiency grade.

Presbyterian Hospital is a registered 501(c) organization with EIN 560554230, based in Winston Salem, North Carolina. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.

Sources: IRS 990 Filings, ProPublica Nonprofit Explorer
Last updated:

Financial data is sourced from IRS Form 990 filings via ProPublica Nonprofit Explorer. The Efficiency Score combines three signals the 990 feed actually reports: financial health / operating reserves (40%), multi-year revenue consistency (35%), and current-officer compensation relative to revenue (25%). It does not include a program-spending ratio, because total program service expenses are not exposed by the ProPublica feed; no program ratio is estimated. Filing data may lag 6-18 months from the tax year.