RENOWN HEALTH
1155 MILL STREET Z-5, RENO, NV · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $257,054,826 | $295,936,302 | $422,368,788 |
| FY2023 | $240,691,502 | $279,568,196 | $347,163,270 |
| FY2022 | $120,033,191 | $119,634,961 | $329,088,950 |
| FY2021 | $203,266,795 | $217,764,254 | $514,993,692 |
| FY2020 | $183,708,499 | $208,258,090 | $474,024,059 |
| FY2019 | $165,079,465 | $185,082,089 | $427,262,433 |
| FY2018 | $158,345,040 | $178,099,196 | $368,070,220 |
| FY2017 | $162,912,923 | $167,963,568 | $316,422,247 |
| FY2016 | $130,036,568 | $150,020,844 | $245,455,366 |
| FY2015 | $88,235,066 | $99,515,962 | $165,492,123 |
| FY2014 | $80,171,196 | $86,279,325 | $126,307,595 |
| FY2013 | $79,901,712 | $89,238,815 | $132,173,912 |
| FY2012 | $85,600,982 | $77,812,031 | $139,797,522 |
| FY2011 | $71,806,095 | $70,662,083 | $124,836,430 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $597,185 | 0% |
| Program service revenue | $245,565,990 | 100% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $258,282,808 | 87% |
| Management & general | $37,653,494 | 13% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 100% of total revenue in FY2024.
- Program services accounted for 87% of functional expenses, management & general 13%, and fundraising 0%.
- 87% of functional expenses went to program services in FY2024. That is higher than 58% of 4903 Health Care organizations nationwide (too few in NV for a state comparison).
- Net assets covered about 17.1 months of expenses at the end of the reporting year. That puts it in the 58th percentile among 114 Health Care organizations in NV.
- Total revenue was higher than 99.2% of 118 Health Care organizations in NV.
- Total revenue rose from $71,806,095 in FY2011 to $257,054,826 in FY2024, Revenue increased in 10 and decreased in 3 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 11 of 14 reported years (FY2013, FY2014, FY2015, FY2016, FY2017, FY2018, FY2019, FY2020, FY2021, FY2023, FY2024).
- Net assets grew from $124,836,430 to $422,368,788 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
To establish, equip and maintain one or more general acute care hospitals and medical centers.
IRS status
| Ruling year | 1985 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | E210 — Health Care |
| Donations | Donations are generally tax-deductible (public charity). |
Similar organizations
- CARSON TAHOE REGIONAL HEALTHCARE — CARSON CITY, NV · $467,158,806
- RENOWN REGIONAL MEDICAL CENTER — RENO, NV · $1,415,776,369
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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