Southeastern Regional Medical Center
PO Box 1408, Lumberton, NC · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $374,729,794 | $320,433,875 | $138,706,117 |
| FY2024 | $334,313,851 | $314,706,641 | $108,590,840 |
| FY2023 | $304,059,746 | $336,545,602 | $120,324,417 |
| FY2022 | $303,335,917 | $355,620,245 | $159,901,362 |
| FY2021 | $242,647,882 | $224,759,413 | $212,784,461 |
| FY2020 | $307,102,224 | $279,177,512 | $206,771,084 |
| FY2019 | $285,755,027 | $287,481,138 | $205,114,429 |
| FY2018 | $283,606,600 | $289,290,231 | $231,040,567 |
| FY2017 | $274,739,214 | $267,335,646 | $256,580,755 |
| FY2016 | $294,847,001 | $275,262,652 | $249,711,953 |
| FY2015 | $284,934,392 | $266,576,993 | $238,981,743 |
| FY2014 | $278,041,794 | $253,259,383 | $244,355,106 |
| FY2013 | $270,838,640 | $250,975,543 | $228,992,783 |
| FY2012 | $265,387,899 | $239,575,186 | $197,643,688 |
Form 990 filings
The returns filed by Southeastern Regional Medical Center (EIN 56-0530233), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $0 | 0% |
| Program service revenue | $337,005,785 | 90% |
| Other revenue | $37,724,009 | 10% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $221,597,396 | 69% |
| Management & general | $98,836,479 | 31% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 90% of total revenue in FY2025.
- Program services accounted for 69% of functional expenses, management & general 31%, and fundraising 0%.
- 69% of functional expenses went to program services in FY2025. That is higher than 9.8% of 92 Health Care organizations in NC.
- Net assets covered about 5.2 months of expenses at the end of the reporting year. That puts it in the 25th percentile among 512 Health Care organizations in NC.
- Total revenue was higher than 97.1% of 524 Health Care organizations in NC.
- Total revenue rose from $265,387,899 in FY2012 to $374,729,794 in FY2025. Revenue increased in 11 and decreased in 2 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 4 of 14 reported years (FY2018, FY2019, FY2022, FY2023).
- Net assets declined from $197,643,688 to $138,706,117 between FY2012 and FY2025.
- Listed in the IRS Publication 78 data as a central organization with a group exemption; its subordinate units may also be eligible.
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
HERE FOR YOU. HERE FOR GOOD. TO PROVIDE EXCEPTIONAL CARE FOR OUR DIVERSE REGION, TO PROVIDE THE HIGHEST QUALITY STANDARDS IN A SAFE ENVIRONMENT, AND TO PROVIDE COMPASSIONATE CARE PROVIDED BY A COMMITTED TEAM.
IRS status
| Ruling year | 2011 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | E21 — Health Care (in NC) |
| Donations | Listed in the IRS Publication 78 data as a central organization with a group exemption; its subordinate units may also be eligible. |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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