THE BROOKLYN HOSPITAL CENTER

THE BROOKLYN HOSPITAL CENTER

Brooklyn, NY, US
501(c)3
EIN
11-1630755
Hospital

THE BROOKLYN HOSPITAL CENTER

Brooklyn, NY, US
501(c)3
EIN
11-1630755
Hospital

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$506,112,759

Program Services
92%
Government Grants
5%
Other
3%
Contributions
<1%
Investments
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$537,622,564

Salaries & Benefits
60%
Other
18%
Fees to Service Providers
12%
Offices, Occupancy & IT
7%
Depreciation
2%
Interest
<1%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$1,073,719
$1,500,264
+40%
Government Grants
$7,888,863
$24,426,697
+210%
Fundraising Events
$0
$0
-
Program Services
$453,287,344
$465,199,641
+3%
Membership Dues
$0
$0
-
Investments
$620,673
$671,575
+8%
Other
$13,916,447
$14,314,582
+3%
Total Revenues
$476,787,046
$506,112,759
+6%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$301,522,110
$322,737,763
+7%
Fees to Service Providers
$50,956,240
$62,998,713
+24%
Advertising & Promotion
$737,549
$447,301
-39%
Offices, Occupancy & IT
$32,582,077
$38,738,897
+19%
Interest
$5,181,701
$4,950,571
-4%
Depreciation
$12,285,093
$11,681,243
-5%
Other
$80,142,431
$96,068,076
+20%
Total Expenses
$483,407,201
$537,622,564
+11%
Net income
2023
2024
Change
Net income
-$6,620,155
-$31,509,805
-376%
Functional Expenses
Summary
2023
2024
Change
Program
$414,534,402
$461,932,060
+11%
Admin
$68,657,113
$75,438,918
+10%
Fundraising
$215,686
$251,586
+17%
Total Expenses
$483,407,201
$537,622,564
+11%
Income Statement
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