WHITE PLAINS HOSPITAL MEDICAL CENTER

Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$1,226,390,676
Program Services
92%
Contributions
3%
Government Grants
3%
Other
<1%
Investments
<1%
Fundraising Events
<1%
Membership Dues
0%
Expenses in 2024
$1,020,586,383
Salaries & Benefits
51%
Other
30%
Offices, Occupancy & IT
7%
Depreciation
6%
Fees to Service Providers
5%
Interest
<1%
Advertising & Promotion
<1%
Grants
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$16,219,217
$41,035,711
+153%
Government Grants
$3,628,099
$32,960,429
+808%
Fundraising Events
$361,166
$1,624,363
+350%
Program Services
$1,005,948,835
$1,132,772,878
+13%
Membership Dues
$0
$0
-
Investments
$6,559,601
$8,650,939
+32%
Other
$2,455,439
$9,346,356
+281%
Total Revenues
$1,035,172,357
$1,226,390,676
+18%
Expenses
2023
2024
Change
Grants
$410,353
$471,700
+15%
Benefits to Members
$0
$0
-
Salaries & Benefits
$455,322,295
$523,828,793
+15%
Fees to Service Providers
$42,314,438
$46,917,744
+11%
Advertising & Promotion
$7,095,465
$6,782,333
-4%
Offices, Occupancy & IT
$63,100,335
$69,602,639
+10%
Interest
$9,096,868
$8,632,820
-5%
Depreciation
$59,844,962
$60,044,689
+0%
Other
$265,467,853
$304,305,665
+15%
Total Expenses
$902,652,569
$1,020,586,383
+13%
Net income
2023
2024
Change
Net income
+$132,519,788
+$205,804,293
+55%
Functional Expenses
Summary
2023
2024
Change
Program
$848,547,987
$952,116,242
+12%
Admin
$51,717,436
$65,962,504
+28%
Fundraising
$2,387,146
$2,507,637
+5%
Total Expenses
$902,652,569
$1,020,586,383
+13%
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