The Presbyterian Hospital
Also known as Novant Health Presbyterian Medical Center
The Presbyterian Hospital reported $2.27 billion in revenue and $1.85 billion in expenses for calendar year 2024. Of every $100 it spent, $81.92 went to program services, $18.08 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 99.0% of the total. The highest compensation it reported for one person was $1,518,084 (TRUSTEE, SVP, PRES NHPMC/GCM). 1,058 people received more than $100,000 in reportable compensation. Revenue rose 43% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $1.85BFor context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $2.27BThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 81.9% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 18.1% | 13.7% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.4% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.2% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 99.0% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $1,518,084 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.08% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 1,058 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 30.0 | 6.6 |
| Independent voting board members Part VI 1a–1b | 9 of 12 | 88.9% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseThe Presbyterian Hospital ("tph") dba novant health presbyterian medical center ("nhpmc"), novant health hunterville medical center ("nhhmc"), and novant health charlotte orthopedic hospital ("nhcoh"), along with their provider based physician practices, exists to promote the health of the members of multiple communities in mecklenburg county north carolina, regardless of a patient's ability to pay. Collectively, the hospital facilities in this organization have 780 licensed beds. In 2024, there were 238,557 patient days, with an average length of stay of 6 days, and an average daily census…
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| TRUSTEE, SVP, PRES NHPMC/GCM Director/trustee, officer, 50.20 hrs/week | $1,340,881 | $0 | $177,203 | $1,518,084 |
| CFO (TO 4/28/24) Officer, 0.20 hrs/week | $0 | $1,254,252 | $45,078 | $1,299,330 |
| SVP CHIEF CLINICAL OFFICER Highest compensated employee, 45.00 hrs/week | $1,121,681 | $0 | $168,519 | $1,290,200 |
| EVP/CFO (FR 4/29/24) Officer, 0.20 hrs/week | $0 | $991,687 | $183,469 | $1,175,156 |
| ONCOLOGIST Highest compensated employee, 45.00 hrs/week | $1,053,018 | $0 | $57,601 | $1,110,619 |
| GENERAL SURGEON Highest compensated employee, 45.00 hrs/week | $1,052,803 | $0 | $46,569 | $1,099,372 |
| ONCOLOGIST Highest compensated employee, 45.00 hrs/week | $1,023,230 | $0 | $45,052 | $1,068,282 |
| OBGYN GYN ONC Highest compensated employee, 45.00 hrs/week | $879,386 | $0 | $45,055 | $924,441 |
1,058 people received more than $100,000 in reportable compensation from The Presbyterian Hospital (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.4M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b12 · 9 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aNo
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 58,475
- Volunteers Part I, line 6657
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| AYA HEALTHCARE INC Staffing services | $29,670,518 |
| LABORATORY CORPORATION OF AMERICA HOLDIN Lab services | $18,811,402 |
| MORRISON HEALTHCARE Food management services | $15,107,578 |
| TRIMEDX INC Clinical engineering services | $13,222,797 |
| SURGICAL SPECIALISTS OF CHARLOTTE PA Health services | $9,199,715 |
Individuals listed as contractors are left out. 112 contractors were paid more than $100,000 in all.
Private foundation grants it received
1 private foundation reported grants to The Presbyterian Hospital totaling $7,500 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from The Presbyterian Hospital's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The Presbyterian Hospital, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 The Presbyterian Hospital spent in 2024, $81.92 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Cook Children's Medical CenterFort Worth, TX · revenue $2.27B · programs 77.5% · FY2025
- Endeavor Health Clinical OperationsArlington Heights, IL · revenue $2.29B · programs 75.0% · 2024
- Our Lady of the Lake HospitalBaton Rouge, LA · revenue $2.24B · programs 76.7% · FY2025
- Sutter Valley Medical FoundationSacramento, CA · revenue $2.30B · programs 94.0% · 2024
- Northeast Georgia Medical CenterGainesville, GA · revenue $2.23B · programs 91.8% · FY2025
All health care charities · Largest charities in North Carolina
Questions people ask
How much of The Presbyterian Hospital's spending goes to programs?
In calendar year 2024, The Presbyterian Hospital reported that 81.9% of its $1.85 billion in expenses went to program services, 18.1% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does The Presbyterian Hospital pay its top executive?
The largest total compensation The Presbyterian Hospital reported for one person in calendar year 2024 was $1,518,084, for the role of TRUSTEE, SVP, PRES NHPMC/GCM (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does The Presbyterian Hospital get its money?
Of $2.27 billion in revenue in calendar year 2024, 0.4% came from contributions and grants (including 0.2% from government grants) and 99.0% from program service revenue (Form 990, Part VIII).
Is The Presbyterian Hospital a registered charity?
The IRS lists EIN 56-0554230 as a 501(c)(3) organization (hospital or medical research organization), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202513189349307871 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202413199349310026 · read the filing
- 2022: Form 990 for calendar year 2022, object 202333189349315293 · read the filing
- 2021: Form 990 for calendar year 2021, object 202223189349312842 · read the filing
- 2020: Form 990 for calendar year 2020, object 202113169349312456 · read the filing
- 2019: Form 990 for calendar year 2019, object 202013079349301901 · read the filing
All filings for EIN 56-0554230: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.