MOUNT CARMEL HEALTH SYSTEM

MOUNT CARMEL HEALTH SYSTEM

Columbus, OH, US
501(c)3
EIN
31-1439334
Hospital
Regional Funder
Subordinate Organization

MOUNT CARMEL HEALTH SYSTEM

Columbus, OH, US
501(c)3
EIN
31-1439334
Hospital
Regional Funder
Subordinate Organization

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$1,416,303,307

Program Services
97%
Other
3%
Government Grants
<1%
Investments
<1%
Contributions
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$1,418,039,968

Salaries & Benefits
40%
Other
35%
Fees to Service Providers
10%
Offices, Occupancy & IT
7%
Depreciation
6%
Interest
2%
Advertising & Promotion
<1%
Grants
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$123,157
$79,904
-35%
Government Grants
$415,117
$3,216,759
+675%
Fundraising Events
$0
$0
-
Program Services
$1,334,290,746
$1,368,790,612
+3%
Membership Dues
$0
$0
-
Investments
$1,548,560
$88,679
-94%
Other
$40,729,900
$44,127,353
+8%
Total Revenues
$1,377,107,480
$1,416,303,307
+3%
Expenses
2023
2024
Change
Grants
$168,382
$1,069,503
+535%
Benefits to Members
$0
$0
-
Salaries & Benefits
$547,945,237
$570,815,913
+4%
Fees to Service Providers
$124,154,649
$140,360,015
+13%
Advertising & Promotion
$4,989,484
$3,185,404
-36%
Offices, Occupancy & IT
$108,592,221
$104,274,063
-4%
Interest
$24,142,778
$24,298,968
+1%
Depreciation
$85,541,959
$81,609,825
-5%
Other
$516,794,825
$492,426,277
-5%
Total Expenses
$1,412,329,535
$1,418,039,968
+0%
Net income
2023
2024
Change
Net income
-$35,222,055
-$1,736,661
+95%
Functional Expenses
Summary
2023
2024
Change
Program
$1,280,712,120
$1,288,269,664
+1%
Admin
$130,710,657
$128,942,800
-1%
Fundraising
$906,758
$827,504
-9%
Total Expenses
$1,412,329,535
$1,418,039,968
+0%
Income Statement
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