Wrmc Hospital Operating Corporation
PO Box 609, N Wilkesboro, NC · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $156,144,073 | $139,606,758 | $91,941,929 |
| FY2023 | $143,778,273 | $136,791,307 | $74,010,992 |
| FY2022 | $122,914,632 | $118,882,120 | $65,845,815 |
| FY2021 | $60,798,642 | $55,357,897 | $63,679,007 |
| FY2020 | $94,142,524 | $90,395,069 | $54,004,704 |
| FY2019 | $79,846,969 | $84,051,395 | $52,003,861 |
| FY2018 | $71,485,503 | $82,016,463 | $59,115,885 |
| FY2017 | $65,922,925 | $63,291,136 | $57,793,759 |
| FY2016 | $93,227,476 | $86,859,104 | $65,482,144 |
| FY2015 | $94,167,841 | $83,298,340 | $60,014,256 |
| FY2014 | $86,181,959 | $80,073,331 | $56,058,359 |
| FY2013 | $87,559,228 | $82,607,360 | $51,552,817 |
Form 990 filings
The returns filed by Wrmc Hospital Operating Corporation (EIN 83-0343789), 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 | $595,718 | <1% |
| Program service revenue | $154,738,111 | 99% |
| Other revenue | $810,244 | 1% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $131,881,747 | 94% |
| Management & general | $7,725,011 | 6% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 99% of total revenue in FY2024.
- Program services accounted for 94% of functional expenses, management & general 6%, and fundraising 0%.
- 94% of functional expenses went to program services in FY2024. That is higher than 88% of 92 Health Care organizations in NC.
- Net assets covered about 7.9 months of expenses at the end of the reporting year. That puts it in the 36th percentile among 512 Health Care organizations in NC.
- Total revenue was higher than 94.5% of 524 Health Care organizations in NC.
- Total revenue rose from $87,559,228 in FY2013 to $156,144,073 in FY2024. Revenue increased in 7 and decreased in 4 of 11 year-over-year comparisons.
- Expenses exceeded revenue in 2 of 12 reported years (FY2018, FY2019).
- Net assets grew from $51,552,817 to $91,941,929 between FY2013 and FY2024.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
- The IRS automatically revoked this organization's tax-exempt status on February 15, 2013; it was reinstated on July 15, 2013.
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
TO IMPROVE HEALTH, ELEVATE HOPE, AND ADVANCE HEALING FOR ALL.
IRS status
| Ruling year | 2014 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | E20 — Health Care (in NC) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
| Automatic revocation | February 15, 2013 — reinstated July 15, 2013 |
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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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