Vassar Brothers Medical Center

Vassar Brothers Medical Center

Poughkeepsie, NY, US
501(c)(3)
EIN
14-1338586
Hospital

Vassar Brothers Medical Center

Poughkeepsie, NY, US
501(c)(3)
EIN
14-1338586
Hospital

Income Statement

Fiscal Year Start:
Oct 1
Revenues in 2024

$904,269,566

Program Services
99%
Other
<1%
Investments
<1%
Government Grants
<1%
Contributions
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$852,159,079

Salaries & Benefits
48%
Other
33%
Fees to Service Providers
7%
Depreciation
6%
Offices, Occupancy & IT
4%
Interest
2%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$838
$12,270
+1364%
Government Grants
$722,996
$1,301,966
+80%
Fundraising Events
$0
$0
-
Program Services
$759,548,884
$892,114,527
+17%
Membership Dues
$0
$0
-
Investments
$2,450,643
$2,158,488
-12%
Other
$11,656,867
$8,682,315
-26%
Total Revenues
$774,380,228
$904,269,566
+17%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$391,341,094
$411,943,634
+5%
Fees to Service Providers
$58,893,005
$60,501,013
+3%
Advertising & Promotion
$1,271,195
$2,066,620
+63%
Offices, Occupancy & IT
$34,335,771
$33,838,673
-1%
Interest
$15,418,788
$14,797,322
-4%
Depreciation
$46,064,584
$47,677,918
+4%
Other
$256,869,822
$281,333,899
+10%
Total Expenses
$804,194,259
$852,159,079
+6%
Net income
2023
2024
Change
Net income
-$29,814,031
+$52,110,487
-275%
Functional Expenses
Summary
2023
2024
Change
Program
$753,057,285
$798,278,334
+6%
Admin
$51,136,974
$53,880,745
+5%
Fundraising
$0
$0
-
Total Expenses
$804,194,259
$852,159,079
+6%
Income Statement
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