E — Health CareEIN: 561509260

Rex Hospital INC

Raleigh, North Carolina

A-Health Score
75A-

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 354 peers in Health Care with >$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.58×
Peer Median0.58×
💰
$1.6B
Total Revenue
📊
$1.6B
Total Expenses
🏦
$945.1M
Net Assets
📋
$871.0M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+8.8%
Year-over-year change (2022 → 2023)
Net Margin
+0.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.58
Net assets divided by total expenses
Liabilities-to-Assets
48.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$1,623,067,183↑9%$1,623,015,427↑11%$1,816,056,463↑1%
2022$1,491,892,041↑12%$1,461,761,703↑10%$1,799,963,409↑4%
2021$1,331,770,076↑8%$1,328,672,174↑6%$1,727,377,750↑9%
2020$1,237,265,028↓11%$1,254,241,329↑7%$1,590,769,743↑25%
2019$1,388,381,272↑21%$1,172,899,779↑6%$1,268,499,027↑20%
2018$1,148,341,423↑7%$1,108,784,467↑11%$1,054,404,277↑4%
2017$1,075,211,905↑1%$1,001,871,357↑7%$1,011,503,690↑9%
2016$1,064,347,767↑23%$939,510,941↑23%$929,466,692↑11%
2015$868,538,269↑20%$762,372,032↑9%$835,747,955↑11%
2014$724,448,477↑3%$698,524,482↑1%$754,621,461↑7%
2013$701,055,581↑7%$693,800,442↑13%$707,307,283↑5%
2012$653,978,201↑8%$613,008,021↑10%$671,610,346↑6%
2011$602,896,943$556,542,085$635,551,442

Frequently Asked Questions

What does Rex Hospital INC do?▼

Rex Hospital INC is a health care nonprofit organization based in North Carolina. It is classified under NTEE code E22 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Rex Hospital INC financially healthy?▼

Based on our 9-metric Financial Health Score model, Rex Hospital INC has a score of 75/100 (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 Rex Hospital INC generate?▼

Rex Hospital INC reports $1.7B in annual revenue and holds $1.8B in total assets, based on IRS filings.

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