Charity Search / ROWAN REGIONAL MEDICAL CENTER FOUNDATION INC
Health Care (E112) 990 on File

ROWAN REGIONAL MEDICAL CENTER FOUNDATION INC

EIN: 56-1424818 · WINSTON SALEM, NC 27103-5614 · United States · FY 2024 Data
3 out of 5 56 / 100 Based on 2+ years of filings
Financial strength (30%) 86/100
Reliability (20%) 55/100
Effectiveness (25%) 78/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$2.6M
Total Revenue
$1.5M
Total Expenses
$59.2M
Net Assets
3
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 81.9%
Fundraising Efficiency N/A
Operating Reserve 460.73x
Liability-to-Asset 0.7%
Revenue Diversification 82.8%
Compared with Peers
FY 2024
Compared with 3,080 similar organizations (United States, Health Care, $1M–$10M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
81.9% 84.8%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
8.7% 11.6%
P10P90
Above median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
9.3% 0.0%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
460.7 mo 9.9 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
0.7% 13.5%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
82.8% 91.1%
P10P90
Above median
Revenue growth
Year over year revenue growth
-46.3% 8.1%
P10P90
Expense growth
Year over year expense growth
-57.4% 7.2%
P10P90
Surplus margin
Surplus as a share of revenue
39.8% 2.4%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $2.6M $1.5M $59.2M 81.9% 3
2023 $4.8M $3.6M $54.9M 88.9% 4
2022 $7.2M $2.0M $50.3M 70.0% 3
2021 $11.5M $14.0M N/A — 3
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Organization Details
EIN
56-1424818
State
NC
City
WINSTON SALEM
ZIP
27103-5614
Classification
E112
Category
Health Care
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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