THE UNIVERSITY OF VERMONT MEDICAL CENTER

THE UNIVERSITY OF VERMONT MEDICAL CENTER

Burlington, VT, US
501(c)(3)
EIN
03-0219309
Hospital
Regional Funder

THE UNIVERSITY OF VERMONT MEDICAL CENTER

Burlington, VT, US
501(c)(3)
EIN
03-0219309
Hospital
Regional Funder

Income Statement

Fiscal Year Start:
Oct 1
Revenues in 2024

$2,367,257,223

Program Services
98%
Contributions
1%
Investments
<1%
Other
<1%
Fundraising Events
<1%
Government Grants
0%
Membership Dues
0%
Expenses in 2024

$2,269,779,876

Salaries & Benefits
52%
Offices, Occupancy & IT
28%
Other
11%
Fees to Service Providers
6%
Depreciation
3%
Interest
<1%
Grants
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$16,580,317
$25,426,729
+53%
Government Grants
$0
$0
-
Fundraising Events
$160,755
$150,391
-6%
Program Services
$2,081,110,368
$2,316,432,417
+11%
Membership Dues
$0
$0
-
Investments
$19,549,091
$22,660,574
+16%
Other
-$17,615,645
$2,587,112
-115%
Total Revenues
$2,099,784,886
$2,367,257,223
+13%
Expenses
2023
2024
Change
Grants
$2,702,120
$2,263,268
-16%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,044,828,993
$1,177,258,294
+13%
Fees to Service Providers
$153,958,918
$134,393,104
-13%
Advertising & Promotion
$1,514,201
$881,205
-42%
Offices, Occupancy & IT
$547,205,297
$631,675,457
+15%
Interest
$16,066,696
$15,973,848
-1%
Depreciation
$69,815,650
$68,966,618
-1%
Other
$209,181,716
$238,368,082
+14%
Total Expenses
$2,045,273,591
$2,269,779,876
+11%
Net income
2023
2024
Change
Net income
+$54,511,295
+$97,477,347
+79%
Functional Expenses
Summary
2023
2024
Change
Program
$1,660,101,579
$1,812,108,638
+9%
Admin
$381,175,454
$453,828,056
+19%
Fundraising
$3,996,558
$3,843,182
-4%
Total Expenses
$2,045,273,591
$2,269,779,876
+11%
Income Statement
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