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EIN56-1376950

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Novant Health Inc.

Updated October 30, 2026. Based on Internal Revenue Service records. Published by Humblebee.

Exempt under
501(c)(3)[1]
IRS ruling date
July 2020[2]
Publication 78 data
Listed (PC)[3]
Total revenue, period ending Dec 2024
$6,542,888,138[4]

Novant Health Inc. is a tax-exempt organization in Winston Salem, North Carolina[5], listed by the IRS as exempt under section 501(c)(3)[1]. For the tax period ending December 2024, the IRS master file lists total revenue of $6,542,888,138[4].

IRS status

The IRS lists the organization under section 501(c)(3)[1], the part of the tax code for charitable organizations. Its foundation code 12 marks it as a hospital or medical research organization[6], and the IRS Publication 78 data lists it as a public charity[3]. It appears in the IRS Publication 78 data, the list of organizations eligible to receive tax-deductible charitable contributions, with status code PC[3]. The IRS deductibility code says contributions are deductible[7].

Item IRS record
EIN[5] 56-1376950
Location in IRS records[5] Winston Salem, North Carolina
Exempt under[1] Section 501(c)(3)
IRS classification[1] Charitable Organization
Ruling date[2] July 2020
Foundation code[6] 12: Hospital or medical research organization 170(b)(1)(A)(iii)
Deductibility code[7] 1: Contributions are deductible
Publication 78 data[3] Listed, status PC
NTEE code[8] E22: Health Care, Hospital, General
Filing requirement[9] 990 (all other) or 990EZ return
Fiscal year ends[10] December
Latest e-filed return[11] Form 990, tax period ending December 2024

Finances as reported to the IRS

On its Form 990 for the tax period ending December 2023, the organization reported total revenue of $4,015,833,950[12]. Its program service revenue was $3,848,829,368, with contributions, gifts and grants of $16,063,978 on the same return[13]. That Form 990 also reported total expenses of $3,902,611,082 and net assets of $3,722,633,153 at year end[12]. Its Form 990 total revenue rose from $2,822,105,056 for the tax period ending December 2021[14] to $3,193,826,783 for the tax period ending December 2022[15], and was higher again for the tax period ending December 2023[12]. The IRS master file lists a newer figure of $6,542,888,138 in total revenue for the tax period ending December 2024[4].

IRS master file, newer period. For the most recent return in the IRS master file, for the tax period ending December 2024, the IRS lists total revenue of $6,542,888,138 and total assets of $14,556,934,673.[4]

December 2021: total revenue $2.8B$2.8BDecember 2021: total expenses $2.6B$2.6BDec 2021December 2022: total revenue $3.2B$3.2BDecember 2022: total expenses $3.2B$3.2BDec 2022December 2023: total revenue $4.0B$4.0BDecember 2023: total expenses $3.9B$3.9BDec 2023
  • Total revenue
  • Total expenses
Amounts as reported on each return, rounded in the chart. Exact figures are in the table below[12].
Tax period ending Form Total revenue Total expenses Net assets at year end
December 2021[14]Form 990$2,822,105,056$2,572,368,985$2,279,139,925
December 2022[15]Form 990$3,193,826,783$3,217,545,790$2,090,859,436
December 2023[12]Form 990$4,015,833,950$3,902,611,082$3,722,633,153

Totals as reported on each return. The IRS publishes these extracts one to two years after filing.

Balance sheet, tax period ending December 2023

Line Amount
Total assets[16] $9,596,623,033
Total liabilities[16] $5,873,989,880
Net assets or fund balances[16] $3,722,633,153

Employees. Novant Health Inc. reported 20,684 employees on Form W-3 for calendar year ending with or within the tax period ending December 2023 (Form 990, Part V, line 2a).[17]

Compensation over $100,000. On the Form 990 for the tax period ending December 2023, Novant Health Inc. reported 3,233 individuals who received more than $100,000 of reportable compensation from the organization (Part VII, line 2).[18]

Form 990 checklist. In the Form 990 checklist (Part IV) for the tax period ending December 2023, Novant Health Inc. answered yes to: it operated a hospital facility; it engaged in lobbying activities; it had an office outside the United States.[19]

Questions people ask

What is the EIN of Novant Health Inc.?
The IRS lists Novant Health Inc. with employer identification number 56-1376950[5].
Is Novant Health Inc. a 501(c)(3) nonprofit?
Yes. The IRS lists it as exempt under section 501(c)(3), classified as a charitable organization[1].
Are donations to Novant Health Inc. tax-deductible?
The IRS deductibility code for Novant Health Inc. says contributions are deductible[7]. It also appears in the IRS Publication 78 data as a public charity[3].
Where is Novant Health Inc. located?
The IRS master file lists it in Winston Salem, North Carolina[5].
How much revenue does Novant Health Inc. report?
On its Form 990 for the tax period ending December 2023, it reported total revenue of $4,015,833,950[12]. The IRS master file lists total revenue of $6,542,888,138 for the tax period ending December 2024[4].

Facts and sources

  1. The IRS lists Novant Health Inc. as exempt under section 501(c)(3) of the Internal Revenue Code, classification: Charitable Organization. IRS EO Business Master File
  2. The ruling date in the IRS master file (the month and year of the IRS letter recognizing the exemption) is July 2020. IRS EO Business Master File
  3. Novant Health Inc. (EIN 56-1376950) appears in the IRS Publication 78 data, the list of organizations eligible to receive tax-deductible charitable contributions, with status code PC (A public charity, deductibility limitation 50% (60% for cash contributions)). IRS Tax Exempt Organization Search data
  4. For the most recent return in the IRS master file, for the tax period ending December 2024, the IRS lists total revenue of $6,542,888,138 and total assets of $14,556,934,673. IRS EO Business Master File
  5. The IRS Exempt Organizations Business Master File lists Novant Health Inc. with employer identification number (EIN) 56-1376950, located in Winston Salem, North Carolina. IRS EO Business Master File
  6. IRS foundation code 12 for Novant Health Inc.: Hospital or medical research organization 170(b)(1)(A)(iii). IRS EO Business Master File
  7. IRS deductibility code 1 for Novant Health Inc.: Contributions are deductible. IRS EO Business Master File
  8. The IRS master file assigns Novant Health Inc. the National Taxonomy of Exempt Entities (NTEE) code E22: Health Care, Hospital, General. IRS EO Business Master File
  9. IRS filing requirement code 01 for Novant Health Inc.: 990 (all other) or 990EZ return. IRS EO Business Master File
  10. Novant Health Inc.'s accounting period (fiscal year) ends in December, according to the IRS master file. IRS EO Business Master File
  11. The IRS Form 990 series e-file data released in 2025 includes a Form 990 from Novant Health Inc. for the tax period ending December 2024. IRS Form 990 e-file data
  12. On its Form 990 for the tax period ending December 2023, Novant Health Inc. reported total revenue $4,015,833,950, total expenses $3,902,611,082, net assets or fund balances at year end $3,722,633,153. IRS SOI Form 990 extracts
  13. Revenue lines on the Form 990 for the tax period ending December 2023: contributions, gifts and grants $16,063,978 (Part VIII, line 1h); program service revenue $3,848,829,368 (Part VIII, line 2g); investment income $53,363,802 (Part VIII, line 3); total revenue $4,015,833,950 (Part VIII, line 12). IRS SOI Form 990 extracts
  14. On its Form 990 for the tax period ending December 2021, Novant Health Inc. reported total revenue $2,822,105,056, total expenses $2,572,368,985, net assets or fund balances at year end $2,279,139,925. IRS SOI Form 990 extracts
  15. On its Form 990 for the tax period ending December 2022, Novant Health Inc. reported total revenue $3,193,826,783, total expenses $3,217,545,790, net assets or fund balances at year end $2,090,859,436. IRS SOI Form 990 extracts
  16. Balance sheet at the end of the tax period ending December 2023 (Form 990, Part X): total assets $9,596,623,033, total liabilities $5,873,989,880, net assets or fund balances $3,722,633,153. IRS SOI Form 990 extracts
  17. Novant Health Inc. reported 20,684 employees on Form W-3 for calendar year ending with or within the tax period ending December 2023 (Form 990, Part V, line 2a). IRS SOI Form 990 extracts
  18. On the Form 990 for the tax period ending December 2023, Novant Health Inc. reported 3,233 individuals who received more than $100,000 of reportable compensation from the organization (Part VII, line 2). IRS SOI Form 990 extracts
  19. In the Form 990 checklist (Part IV) for the tax period ending December 2023, Novant Health Inc. answered yes to: it operated a hospital facility; it engaged in lobbying activities; it had an office outside the United States. IRS SOI Form 990 extracts

All figures are as the organization reported them to the IRS for the stated tax period. Say the tax period with every figure. Finance figures come from the IRS SOI annual extracts, which lag filing by one to two years. The IRS master file can list a newer period: keep the two apart and name each period. To see an organization's own filings, use the IRS Tax Exempt Organization Search.