LAHEY CLINIC FOUNDATION INC
Income Statement
Fiscal Year Start:
Oct 1
Revenues in 2024
$49,536,778
Investments
74%
Program Services
14%
Contributions
12%
Other
<1%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$6,379,426
Offices, Occupancy & IT
99%
Other
<1%
Fees to Service Providers
<1%
Grants
0%
Benefits to Members
0%
Salaries & Benefits
0%
Advertising & Promotion
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$9,860,356
$5,892,787
-40%
Government Grants
$0
$0
-
Fundraising Events
$61,609
$0
-100%
Program Services
$0
$6,928,783
-
Membership Dues
$0
$0
-
Investments
$4,607,912
$36,714,788
+697%
Other
$0
$420
-
Total Revenues
$14,529,877
$49,536,778
+241%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$441,255
$0
-100%
Fees to Service Providers
$111,638
$35,000
-69%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$1,604,225
$6,294,435
+292%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$384,240
$49,991
-87%
Total Expenses
$2,541,358
$6,379,426
+151%
Net income
2023
2024
Change
Net income
+$11,988,519
+$43,157,352
+260%
Functional Expenses
Summary
2023
2024
Change
Program
$2,524,721
$6,379,426
+153%
Admin
$16,637
$0
-100%
Fundraising
$0
$0
-
Total Expenses
$2,541,358
$6,379,426
+151%
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