NYU LANGONE HOSPITALS
NYU LANGONE HOSPITALS
NYU LANGONE HOSPITALS
Income Statement
Fiscal Year Start:
Sep 1
Revenues in 2024
$9,453,515,938
Program Services
94%
Other
4%
Investments
2%
Contributions
<1%
Fundraising Events
<1%
Government Grants
<1%
Membership Dues
0%
Expenses in 2024
$8,689,178,304
Salaries & Benefits
41%
Other
24%
Grants
19%
Depreciation
5%
Offices, Occupancy & IT
5%
Fees to Service Providers
4%
Interest
1%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$221,801,714
$53,927,049
-76%
Government Grants
$2,777,420
$3,391,848
+22%
Fundraising Events
$875,415
$6,271,566
+616%
Program Services
$7,810,330,514
$8,866,532,469
+14%
Membership Dues
$0
$0
-
Investments
$105,648,792
$144,395,238
+37%
Other
$727,076,977
$378,997,768
-48%
Total Revenues
$8,868,510,832
$9,453,515,938
+7%
Expenses
2023
2024
Change
Grants
$1,356,463,426
$1,663,845,767
+23%
Benefits to Members
$0
$0
-
Salaries & Benefits
$3,145,467,557
$3,551,490,635
+13%
Fees to Service Providers
$298,751,080
$313,772,423
+5%
Advertising & Promotion
$28,887,231
$23,124,572
-20%
Offices, Occupancy & IT
$443,231,698
$467,697,265
+6%
Interest
$121,695,953
$121,692,756
0%
Depreciation
$443,232,929
$468,905,025
+6%
Other
$1,723,427,929
$2,078,649,861
+21%
Total Expenses
$7,561,157,803
$8,689,178,304
+15%
Net income
2023
2024
Change
Net income
+$1,307,353,029
+$764,337,634
-42%
Functional Expenses
Summary
2023
2024
Change
Program
$6,117,233,668
$7,580,243,138
+24%
Admin
$1,440,644,578
$1,105,402,899
-23%
Fundraising
$3,279,557
$3,532,267
+8%
Total Expenses
$7,561,157,803
$8,689,178,304
+15%
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