Reid Hospital & Health Care Services Inc

Reid Hospital & Health Care Services Inc

Richmond, IN, US
501(c)3
EIN
35-0892672
Hospital
Regional Funder

Reid Hospital & Health Care Services Inc

Richmond, IN, US
501(c)3
EIN
35-0892672
Hospital
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$594,223,532

Program Services
93%
Investments
5%
Other
2%
Government Grants
<1%
Contributions
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$518,834,713

Salaries & Benefits
39%
Other
33%
Fees to Service Providers
16%
Depreciation
8%
Offices, Occupancy & IT
2%
Interest
2%
Advertising & Promotion
<1%
Grants
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$257,549
$0
-100%
Government Grants
$362,024
$314,610
-13%
Fundraising Events
$0
$0
-
Program Services
$516,641,970
$549,933,336
+6%
Membership Dues
$0
$0
-
Investments
$18,300,696
$30,169,167
+65%
Other
$15,757,724
$13,806,419
-12%
Total Revenues
$551,319,963
$594,223,532
+8%
Expenses
2023
2024
Change
Grants
$298,922
$299,700
+0%
Benefits to Members
$0
$0
-
Salaries & Benefits
$211,625,487
$204,071,286
-4%
Fees to Service Providers
$96,581,834
$81,872,948
-15%
Advertising & Promotion
$3,727,818
$2,466,217
-34%
Offices, Occupancy & IT
$11,888,050
$11,227,870
-6%
Interest
$9,849,621
$9,924,598
+1%
Depreciation
$41,465,663
$39,224,877
-5%
Other
$166,172,945
$169,747,217
+2%
Total Expenses
$541,610,340
$518,834,713
-4%
Net income
2023
2024
Change
Net income
+$9,709,623
+$75,388,819
+676%
Functional Expenses
Summary
2023
2024
Change
Program
$470,860,893
$441,500,707
-6%
Admin
$70,221,604
$76,863,341
+9%
Fundraising
$527,843
$470,665
-11%
Total Expenses
$541,610,340
$518,834,713
-4%
Income Statement
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