PENNSYLVANIA HOSPITAL OF THE UNIVERSITY OF PENNSYLVANIA HEALTH SYSTEM

PENNSYLVANIA HOSPITAL OF THE UNIVERSITY OF PENNSYLVANIA HEALTH SYSTEM

PHILADELPHIA, PA, US
501(c)(3)
EIN
31-1538725
Hospital

PENNSYLVANIA HOSPITAL OF THE UNIVERSITY OF PENNSYLVANIA HEALTH SYSTEM

PHILADELPHIA, PA, US
501(c)(3)
EIN
31-1538725
Hospital

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$852,720,606

Program Services
92%
Other
6%
Investments
2%
Contributions
1%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$856,095,619

Salaries & Benefits
44%
Other
29%
Fees to Service Providers
21%
Offices, Occupancy & IT
3%
Depreciation
3%
Interest
<1%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$2,896,490
$9,010,030
+211%
Government Grants
$35,000
$0
-100%
Fundraising Events
$0
$0
-
Program Services
$784,457,427
$780,496,464
-1%
Membership Dues
$0
$0
-
Investments
$11,051,235
$14,699,451
+33%
Other
$18,159,324
$48,514,661
+167%
Total Revenues
$816,599,476
$852,720,606
+4%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$359,596,259
$377,722,769
+5%
Fees to Service Providers
$159,822,338
$175,570,726
+10%
Advertising & Promotion
$39,260
$3,662
-91%
Offices, Occupancy & IT
$27,983,220
$29,891,852
+7%
Interest
$2,825,056
$2,741,325
-3%
Depreciation
$26,734,047
$26,030,401
-3%
Other
$220,396,142
$244,134,884
+11%
Total Expenses
$797,396,322
$856,095,619
+7%
Net income
2023
2024
Change
Net income
+$19,203,154
-$3,375,013
-118%
Functional Expenses
Summary
2023
2024
Change
Program
$720,736,553
$775,465,456
+8%
Admin
$75,776,956
$79,708,882
+5%
Fundraising
$882,813
$921,281
+4%
Total Expenses
$797,396,322
$856,095,619
+7%
Income Statement
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