Wake Forest University
Winstonsalem, North Carolina
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
How This Organization Compares
Compared to 492 peers in Education with $100M-$1B revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $686,860,190↓4% | $654,792,741↑4% | $2,655,159,124↑3% | — |
| 2022 | $715,438,504↑5% | $627,965,784↑7% | $2,572,484,456 | — |
| 2021 | $681,736,258↑17% | $585,188,441↑1% | $2,570,183,256↑20% | — |
| 2020 | $583,443,727↓8% | $577,597,318↑4% | $2,139,822,388↑2% | — |
| 2019 | $636,454,264↑9% | $553,710,404↑8% | $2,089,648,634↑9% | — |
| 2018 | $583,361,532↓10% | $514,451,794↑3% | $1,919,040,249↑5% | — |
| 2017 | $650,698,331↑35% | $497,688,005↑4% | $1,824,862,917↑13% | — |
| 2016 | $482,299,853↓11% | $478,079,836↑5% | $1,611,251,705↑3% | — |
| 2015 | $541,016,369↑5% | $453,328,263 | $1,567,238,243↑4% | — |
| 2014 | $516,247,009↑4% | $451,348,045↑9% | $1,503,979,756↑4% | — |
| 2013 | $496,807,541↑17% | $414,540,069↑4% | $1,447,663,313↑19% | — |
| 2012 | $422,890,259↓8% | $400,402,117↑5% | $1,221,139,374↑1% | — |
| 2011 | $459,484,038 | $381,652,270 | $1,213,005,269 | — |
Frequently Asked Questions
What does Wake Forest University do?▼
Wake Forest University is a education nonprofit organization based in North Carolina. It is classified under NTEE code B430 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Wake Forest University financially healthy?▼
Based on our 9-metric Financial Health Score model, Wake Forest University has a score of 78/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Wake Forest University generate?▼
Wake Forest University reports $764.4M in annual revenue and holds $2.8B in total assets, based on IRS filings.
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