Forsyth Memorial Hospital INC
Winston Salem, North Carolina
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Above Average
How This Organization Compares
Compared to 354 peers in Health Care with >$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 | $1,442,088,470↑5% | $1,444,760,573↑3% | $2,056,045,743↓2% | — |
| 2022 | $1,377,864,424↓17% | $1,409,445,707↓8% | $2,102,000,445↓5% | — |
| 2021 | $1,668,189,599↑8% | $1,527,559,495↑6% | $2,202,894,341↑7% | — |
| 2020 | $1,551,372,846↑3% | $1,443,848,191↑3% | $2,063,331,863↑13% | — |
| 2019 | $1,507,111,921↑6% | $1,399,421,017↑8% | $1,827,333,103↑8% | — |
| 2018 | $1,417,035,882↑7% | $1,296,704,213↑8% | $1,692,009,282↑10% | — |
| 2017 | $1,326,371,862↑1% | $1,200,206,697↑4% | $1,544,644,500↑9% | — |
| 2016 | $1,315,503,470↑6% | $1,157,063,261↑3% | $1,421,062,231↑13% | — |
| 2015 | $1,246,823,158↑10% | $1,124,738,588↑6% | $1,258,857,555↑11% | — |
| 2014 | $1,136,460,611↑6% | $1,061,492,177↑7% | $1,133,278,673↑7% | — |
| 2013 | $1,075,249,877↑1% | $995,436,492↑4% | $1,060,812,977↑7% | — |
| 2012 | $1,064,033,358↑11% | $958,137,115↑6% | $988,511,859↑11% | — |
| 2011 | $955,487,181 | $902,773,253 | $889,125,682 | — |
Frequently Asked Questions
What does Forsyth Memorial Hospital INC do?▼
Forsyth Memorial Hospital INC is a health care nonprofit organization based in North Carolina. It is classified under NTEE code E220 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Forsyth Memorial Hospital INC financially healthy?▼
Based on our 9-metric Financial Health Score model, Forsyth Memorial Hospital INC has a score of 64/100 (Grade: B). 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 Forsyth Memorial Hospital INC generate?▼
Forsyth Memorial Hospital INC reports $1.6B in annual revenue and holds $3.2B in total assets, based on IRS filings.
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