MOSES H CONE MEMORIAL HOSPITAL
1200 N ELM ST, GREENSBORO, NC · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $53,658,006 | $30,973,109 | $591,514,077 |
| FY2023 | $48,371,259 | $115,784,839 | $529,865,712 |
| FY2022 | $129,966,266 | $116,329,140 | $482,362,670 |
| FY2021 | $146,460,394 | $132,115,003 | $568,410,538 |
| FY2020 | $191,496,344 | $142,024,026 | $479,602,915 |
| FY2019 | $91,143,150 | $113,773,543 | $433,862,052 |
| FY2018 | $164,512,041 | $123,128,566 | $484,269,993 |
| FY2017 | $101,755,183 | $98,727,211 | $459,729,869 |
| FY2016 | $82,438,032 | $82,527,204 | $392,034,101 |
| FY2015 | $46,667,314 | $70,368,681 | $379,668,411 |
| FY2014 | $66,994,265 | $69,524,576 | $449,090,046 |
| FY2013 | $66,396,858 | $69,692,981 | $600,003,858 |
| FY2012 | $102,443,132 | $60,301,305 | $636,552,924 |
| FY2011 | $37,385,701 | $46,576,296 | $586,162,858 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $469 | 0% |
| Program service revenue | $13,429,963 | 100% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $27,875,800 | 90% |
| Management & general | $3,097,309 | 10% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 100% of total revenue in FY2024.
- Program services accounted for 90% of functional expenses, management & general 10%, and fundraising 0%.
- 90% of functional expenses went to program services in FY2024. That is higher than 65.2% of 92 Health Care organizations in NC.
- Net assets covered about 229.2 months of expenses at the end of the reporting year. That puts it in the 94th percentile among 510 Health Care organizations in NC.
- Total revenue was higher than 90.8% of 522 Health Care organizations in NC.
- Total revenue rose from $37,385,701 in FY2011 to $53,658,006 in FY2024, Revenue increased in 7 and decreased in 6 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 7 of 14 reported years (FY2011, FY2013, FY2014, FY2015, FY2016, FY2019, FY2023).
- The highest revenue on record here is $191,496,344 in FY2020.
- Net assets grew from $586,162,858 to $591,514,077 between FY2011 and FY2024.
- Donations are generally tax-deductible (public charity).
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
STRATEGIC OVERSIGHT AND SUPPORT OF SUBSIDIARY CORPORATIONS WITHIN CONE HEALTH SYSTEM, A PROVIDER OF HEALTH CARE SERVICES TO THE COMMUNITY
IRS status
| Ruling year | 1938 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | E110 — Health Care (in NC) |
| Donations | Donations are generally tax-deductible (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded September 20, 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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