Logo for "GWYNEDD MERCY UNIVERSITY"

GWYNEDD MERCY UNIVERSITY

GWYNEDD MERCY UNIVERSITY

GWYNEDD VALLEY, PA, US
501(c)(3)
EIN
23-1352613
School
Subordinate Organization
Logo for "GWYNEDD MERCY UNIVERSITY"

GWYNEDD MERCY UNIVERSITY

GWYNEDD VALLEY, PA, US
501(c)(3)
EIN
23-1352613
School
Subordinate Organization

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$63,889,600

Program Services
85%
Contributions
5%
Other
5%
Investments
4%
Government Grants
1%
Fundraising Events
<1%
Membership Dues
0%
Expenses in 2024

$69,120,600

Salaries & Benefits
38%
Grants
26%
Fees to Service Providers
17%
Other
6%
Depreciation
5%
Offices, Occupancy & IT
5%
Interest
2%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$7,658,000
$3,367,000
-56%
Government Grants
$728,000
$648,000
-11%
Fundraising Events
$13,000
$12,000
-8%
Program Services
$56,179,000
$54,487,000
-3%
Membership Dues
$0
$0
-
Investments
$2,163,000
$2,380,000
+10%
Other
$5,223,000
$2,995,600
-43%
Total Revenues
$71,964,000
$63,889,600
-11%
Expenses
2023
2024
Change
Grants
$17,691,000
$17,832,000
+1%
Benefits to Members
$0
$0
-
Salaries & Benefits
$29,186,000
$26,411,000
-10%
Fees to Service Providers
$10,835,000
$11,960,000
+10%
Advertising & Promotion
$499,000
$342,000
-31%
Offices, Occupancy & IT
$4,091,000
$3,163,600
-23%
Interest
$1,000,000
$1,534,000
+53%
Depreciation
$3,228,000
$3,398,000
+5%
Other
$3,571,000
$4,480,000
+25%
Total Expenses
$70,101,000
$69,120,600
-1%
Net income
2023
2024
Change
Net income
+$1,863,000
-$5,231,000
-381%
Functional Expenses
Summary
2023
2024
Change
Program
$57,570,000
$56,445,600
-2%
Admin
$11,343,000
$11,843,000
+4%
Fundraising
$1,188,000
$832,000
-30%
Total Expenses
$70,101,000
$69,120,600
-1%
Income Statement
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