Charity Search / WILKES MEDICAL CENTER FOUNDATION
Health Care (E12) 990 on File

WILKES MEDICAL CENTER FOUNDATION

EIN: 82-2345613 · N WILKESBORO, NC 28659-3506 · United States · FY 2024 Data
3 out of 5 46 / 100 Based on 2+ years of filings
Financial strength (30%) 57/100
Reliability (20%) 45/100
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
$495K
Total Revenue
$900K
Total Expenses
$12.0M
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 95.7%
Fundraising Efficiency N/A
Operating Reserve 159.80x
Liability-to-Asset 13.2%
Revenue Diversification 97.7%
Compared with Peers
FY 2024
Compared with 4,558 similar organizations (United States, Health Care, $100K–$1M 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
95.7% 84.8%
P10P90
Above median
Admin expense ratio
Management and general / total expenses · lower is better
4.3% 10.9%
P10P90
Above median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.0%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
159.8 mo 13.1 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
13.2% 1.3%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
97.7% 93.7%
P10P90
Below median
Revenue growth
Year over year revenue growth
-41.7% 7.3%
P10P90
Expense growth
Year over year expense growth
45.9% 7.8%
P10P90
Surplus margin
Surplus as a share of revenue
-81.7% 3.7%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $495K $900K $12.0M 95.7% 0
2023 $849K $617K $10.1M 95.8% 0
2022 $1.6M $398K $10.6M 92.6% 0
2021 $1.4M $336K $11.1M 91.2% 0
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Organization Details
EIN
82-2345613
State
NC
City
N WILKESBORO
ZIP
28659-3506
Classification
E12
Category
Health Care
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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