SACRED HEART HOSPITAL OF ALLENTOWNClosed
Closed
Income Statement
Fiscal Year Start:
Jul 1
Closed
This organization closed in 2021. It filed a final 990 indicating termination and no longer appears as active in IRS records, as it is absent from the EO Business Master File and Pub78 List.
Revenues in 2021
$51,766,465
Program Services
96%
Government Grants
2%
Other
1%
Contributions
<1%
Investments
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2021
$61,117,302
Other
88%
Offices, Occupancy & IT
7%
Depreciation
4%
Fees to Service Providers
<1%
Interest
<1%
Grants
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Salaries & Benefits
0%
Revenues
2020
2021
Change
Contributions
$750,929
$514,909
-31%
Government Grants
$10,410,976
$1,000,000
-90%
Fundraising Events
$0
$0
-
Program Services
$74,962,305
$49,518,259
-34%
Membership Dues
$0
$0
-
Investments
$137,949
$125,035
-9%
Other
$1,192,611
$608,262
-49%
Total Revenues
$87,454,770
$51,766,465
-41%
Expenses
2020
2021
Change
Grants
$35,154
$13,323
-62%
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$354,333
$267,733
-24%
Advertising & Promotion
$31,456
$11,246
-64%
Offices, Occupancy & IT
$7,777,802
$4,408,664
-43%
Interest
$218,699
$54,727
-75%
Depreciation
$5,125,693
$2,598,456
-49%
Other
$86,072,896
$53,763,153
-38%
Total Expenses
$99,616,033
$61,117,302
-39%
Net income
2020
2021
Change
Net income
-$12,161,263
-$9,350,837
+23%
Functional Expenses
Summary
2020
2021
Change
Program
$90,734,734
$56,487,258
-38%
Admin
$8,881,299
$4,630,044
-48%
Fundraising
$0
$0
-
Total Expenses
$99,616,033
$61,117,302
-39%
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