ST MARY MEDICAL CENTER

ST MARY MEDICAL CENTER

LANGHORNE, PA, US
501(c)(3)
EIN
23-1913910
Hospital
Regional Funder
Subordinate Organization

ST MARY MEDICAL CENTER

LANGHORNE, PA, US
501(c)(3)
EIN
23-1913910
Hospital
Regional Funder
Subordinate Organization

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$411,071,021

Program Services
95%
Other
3%
Investments
2%
Contributions
<1%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$411,465,111

Salaries & Benefits
43%
Other
38%
Fees to Service Providers
8%
Offices, Occupancy & IT
6%
Depreciation
5%
Grants
<1%
Interest
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$1,634,682
$982,065
-40%
Government Grants
$28,371
$0
-100%
Fundraising Events
$0
$0
-
Program Services
$387,988,158
$391,199,099
+1%
Membership Dues
$0
$0
-
Investments
$8,215,813
$8,152,384
-1%
Other
$11,755,547
$10,737,473
-9%
Total Revenues
$409,622,571
$411,071,021
+0%
Expenses
2023
2024
Change
Grants
$1,131,787
$134,417
-88%
Benefits to Members
$0
$0
-
Salaries & Benefits
$178,336,719
$177,262,838
-1%
Fees to Service Providers
$36,455,753
$31,384,545
-14%
Advertising & Promotion
$1,489,682
$39,220
-97%
Offices, Occupancy & IT
$28,478,253
$26,716,965
-6%
Interest
$110,033
$118,455
+8%
Depreciation
$19,977,176
$20,080,337
+1%
Other
$147,875,951
$155,728,334
+5%
Total Expenses
$413,855,354
$411,465,111
-1%
Net income
2023
2024
Change
Net income
-$4,232,783
-$394,090
+91%
Functional Expenses
Summary
2023
2024
Change
Program
$359,245,080
$354,602,921
-1%
Admin
$54,244,127
$56,535,896
+4%
Fundraising
$366,147
$326,294
-11%
Total Expenses
$413,855,354
$411,465,111
-1%
Income Statement
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