GLENS FALLS HOSPITAL

GLENS FALLS HOSPITAL

Glens Falls, NY, US
501(c)3
EIN
14-1338413
Hospital
Subordinate Organization

GLENS FALLS HOSPITAL

Glens Falls, NY, US
501(c)3
EIN
14-1338413
Hospital
Subordinate Organization

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2020

$346,451,670

Program Services
89%
Government Grants
9%
Other
1%
Investments
<1%
Contributions
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2020

$347,327,868

Salaries & Benefits
50%
Offices, Occupancy & IT
29%
Fees to Service Providers
13%
Depreciation
5%
Other
2%
Interest
<1%
Advertising & Promotion
<1%
Grants
<1%
Benefits to Members
0%
Revenues
2019
2020
Change
Contributions
$136,864
$248,364
+81%
Government Grants
$7,839,485
$31,301,792
+299%
Fundraising Events
$0
$0
-
Program Services
$326,668,033
$309,285,653
-5%
Membership Dues
$0
$0
-
Investments
$1,992,583
$1,336,087
-33%
Other
$11,152,716
$4,279,774
-62%
Total Revenues
$347,789,681
$346,451,670
0%
Expenses
2019
2020
Change
Grants
$12,000
$12,000
+0%
Benefits to Members
$0
$0
-
Salaries & Benefits
$179,457,165
$173,369,928
-3%
Fees to Service Providers
$38,830,911
$45,745,214
+18%
Advertising & Promotion
$566,476
$776,298
+37%
Offices, Occupancy & IT
$105,055,385
$100,724,578
-4%
Interest
$2,429,177
$2,214,930
-9%
Depreciation
$17,656,849
$18,691,908
+6%
Other
$7,177,041
$5,793,012
-19%
Total Expenses
$351,185,004
$347,327,868
-1%
Net income
2019
2020
Change
Net income
-$3,395,323
-$876,198
+74%
Functional Expenses
Summary
2019
2020
Change
Program
$273,972,762
$265,815,100
-3%
Admin
$76,828,267
$81,182,880
+6%
Fundraising
$383,975
$329,888
-14%
Total Expenses
$351,185,004
$347,327,868
-1%
Income Statement
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