Logo for "THE MGH INSTITUTE OF HEALTH PROFESSIONS INC"

THE MGH INSTITUTE OF HEALTH PROFESSIONS INC

THE MGH INSTITUTE OF HEALTH PROFESSIONS INC

SOMERVILLE, MA, US
501(c)(3)
EIN
04-2868893
Subordinate Organization
Logo for "THE MGH INSTITUTE OF HEALTH PROFESSIONS INC"

THE MGH INSTITUTE OF HEALTH PROFESSIONS INC

SOMERVILLE, MA, US
501(c)(3)
EIN
04-2868893
Subordinate Organization

Income Statement

Fiscal Year Start:
Jul 1
Data visualization unavailable
Revenues in 2016

$52,545,083

Program Services
N/A
Government Grants
N/A
Contributions
N/A
Fundraising Events
N/A
Investments
N/A
Membership Dues
N/A
Expenses in 2016

$51,181,083

Salaries & Benefits
63%
Grants
12%
Offices, Occupancy & IT
11%
Fees to Service Providers
5%
Depreciation
5%
Other
4%
Advertising & Promotion
<1%
Interest
<1%
Benefits to Members
0%
Revenues
2015
2016
Change
Contributions
$455,294
$896,995
+97%
Government Grants
$3,818,878
$2,714,558
-29%
Fundraising Events
$384,000
$469,307
+22%
Program Services
$46,076,764
$49,393,652
+7%
Membership Dues
$0
$0
-
Investments
$191,442
$217,926
+14%
Other
$2,161,504
-$1,147,355
-153%
Total Revenues
$53,087,882
$52,545,083
-1%
Expenses
2015
2016
Change
Grants
$5,056,945
$5,994,083
+19%
Benefits to Members
$0
$0
-
Salaries & Benefits
$30,766,933
$32,329,139
+5%
Fees to Service Providers
$2,965,236
$2,675,601
-10%
Advertising & Promotion
$297,276
$264,497
-11%
Offices, Occupancy & IT
$4,502,169
$5,384,416
+20%
Interest
$122,500
$104,630
-15%
Depreciation
$2,230,778
$2,336,489
+5%
Other
$2,458,108
$2,092,228
-15%
Total Expenses
$48,399,945
$51,181,083
+6%
Net income
2015
2016
Change
Net income
+$4,687,937
+$1,364,000
-71%
Functional Expenses
Summary
2015
2016
Change
Program
$39,404,197
$45,827,099
+16%
Admin
$8,292,583
$4,532,185
-45%
Fundraising
$703,165
$821,799
+17%
Total Expenses
$48,399,945
$51,181,083
+6%
Income Statement
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