PRESBYTERIAN MEDICAL CENTER OF THE UNIVERSITY OF PENNSYLVANIA HEALTH SYSTEM

PRESBYTERIAN MEDICAL CENTER OF THE UNIVERSITY OF PENNSYLVANIA HEALTH SYSTEM

Philadelphia, PA, US
501(c)3
EIN
23-2810852
DAF Sponsor
Hospital

PRESBYTERIAN MEDICAL CENTER OF THE UNIVERSITY OF PENNSYLVANIA HEALTH SYSTEM

Philadelphia, PA, US
501(c)3
EIN
23-2810852
DAF Sponsor
Hospital

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$1,339,360,462

Program Services
98%
Other
2%
Contributions
<1%
Investments
<1%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$1,272,141,882

Salaries & Benefits
39%
Other
37%
Fees to Service Providers
18%
Offices, Occupancy & IT
3%
Depreciation
3%
Interest
<1%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$8,711,110
$5,040,587
-42%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$1,196,897,808
$1,308,125,501
+9%
Membership Dues
$0
$0
-
Investments
$1,820,154
$4,030,235
+121%
Other
$20,952,318
$22,164,139
+6%
Total Revenues
$1,228,381,390
$1,339,360,462
+9%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$493,833,706
$501,916,392
+2%
Fees to Service Providers
$202,952,393
$225,498,292
+11%
Advertising & Promotion
$34,895
$27,022
-23%
Offices, Occupancy & IT
$39,431,138
$37,736,541
-4%
Interest
$2,820,567
$3,209,903
+14%
Depreciation
$33,659,899
$34,263,750
+2%
Other
$403,222,140
$469,489,982
+16%
Total Expenses
$1,175,954,738
$1,272,141,882
+8%
Net income
2023
2024
Change
Net income
+$52,426,652
+$67,218,580
+28%
Functional Expenses
Summary
2023
2024
Change
Program
$1,084,600,564
$1,176,153,499
+8%
Admin
$91,108,314
$95,738,345
+5%
Fundraising
$245,860
$250,038
+2%
Total Expenses
$1,175,954,738
$1,272,141,882
+8%
Income Statement
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