Our Lady of Lourdes Memorial Hospital Inc

Our Lady of Lourdes Memorial Hospital Inc

Binghamton, NY, US
501(c)3
EIN
15-0532221
Hospital

Our Lady of Lourdes Memorial Hospital Inc

Binghamton, NY, US
501(c)3
EIN
15-0532221
Hospital

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2023

$488,938,807

Program Services
97%
Other
2%
Government Grants
<1%
Contributions
<1%
Fundraising Events
<1%
Membership Dues
0%
Investments
0%
Expenses in 2023

$521,600,354

Salaries & Benefits
47%
Other
36%
Fees to Service Providers
11%
Offices, Occupancy & IT
3%
Depreciation
3%
Interest
<1%
Advertising & Promotion
<1%
Grants
<1%
Benefits to Members
0%
Revenues
2022
2023
Change
Contributions
$152,648
$1,915,293
+1155%
Government Grants
$3,873,958
$4,046,345
+4%
Fundraising Events
$0
$63,913
-
Program Services
$435,380,930
$473,996,178
+9%
Membership Dues
$0
$0
-
Investments
$12,152,817
$0
-100%
Other
$5,382,824
$8,917,078
+66%
Total Revenues
$456,943,177
$488,938,807
+7%
Expenses
2022
2023
Change
Grants
$15,000
$14,500
-3%
Benefits to Members
$0
$0
-
Salaries & Benefits
$237,216,399
$244,762,446
+3%
Fees to Service Providers
$46,492,236
$56,708,069
+22%
Advertising & Promotion
$712,276
$760,888
+7%
Offices, Occupancy & IT
$14,448,468
$16,049,604
+11%
Interest
$1,385,738
$1,456,594
+5%
Depreciation
$14,572,822
$15,827,787
+9%
Other
$166,357,656
$186,020,466
+12%
Total Expenses
$481,200,595
$521,600,354
+8%
Net income
2022
2023
Change
Net income
-$24,257,418
-$32,661,547
-35%
Functional Expenses
Summary
2022
2023
Change
Program
$384,736,288
$416,868,606
+8%
Admin
$96,464,307
$104,731,748
+9%
Fundraising
$0
$0
-
Total Expenses
$481,200,595
$521,600,354
+8%
Income Statement
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