Mercy Hospital of Buffalo

Mercy Hospital of Buffalo

Buffalo, NY, US
501(c)3
EIN
16-0756336
Hospital
Subordinate Organization

Mercy Hospital of Buffalo

Buffalo, NY, US
501(c)3
EIN
16-0756336
Hospital
Subordinate Organization

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$594,326,205

Program Services
89%
Government Grants
10%
Other
<1%
Investments
<1%
Contributions
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$519,767,612

Salaries & Benefits
46%
Other
41%
Fees to Service Providers
6%
Offices, Occupancy & IT
4%
Depreciation
2%
Interest
<1%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$925,022
$672,515
-27%
Government Grants
$13,698,210
$56,958,269
+316%
Fundraising Events
$0
$0
-
Program Services
$460,924,005
$530,701,307
+15%
Membership Dues
$0
$0
-
Investments
$1,396,028
$1,422,036
+2%
Other
$3,281,924
$4,572,078
+39%
Total Revenues
$480,225,189
$594,326,205
+24%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$239,271,493
$239,706,032
+0%
Fees to Service Providers
$23,281,278
$33,263,190
+43%
Advertising & Promotion
$61,311
$49,638
-19%
Offices, Occupancy & IT
$18,066,806
$18,590,893
+3%
Interest
$3,386,375
$3,629,104
+7%
Depreciation
$12,565,315
$12,781,970
+2%
Other
$200,432,759
$211,746,785
+6%
Total Expenses
$497,065,337
$519,767,612
+5%
Net income
2023
2024
Change
Net income
-$16,840,148
+$74,558,593
-543%
Functional Expenses
Summary
2023
2024
Change
Program
$435,190,982
$455,522,382
+5%
Admin
$61,874,355
$64,245,230
+4%
Fundraising
$0
$0
-
Total Expenses
$497,065,337
$519,767,612
+5%
Income Statement
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