Bronson Methodist Hospital
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$1,468,226,412
Program Services
94%
Investments
5%
Other
<1%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$1,363,698,086
Salaries & Benefits
50%
Other
33%
Fees to Service Providers
9%
Grants
3%
Offices, Occupancy & IT
3%
Depreciation
2%
Interest
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$123,075
$0
-100%
Government Grants
$1,350,000
$0
-100%
Fundraising Events
$0
$0
-
Program Services
$1,271,510,906
$1,378,245,458
+8%
Membership Dues
$0
$0
-
Investments
$22,918,726
$78,121,952
+241%
Other
$11,215,875
$11,859,002
+6%
Total Revenues
$1,307,118,582
$1,468,226,412
+12%
Expenses
2023
2024
Change
Grants
$39,312,817
$43,335,000
+10%
Benefits to Members
$0
$0
-
Salaries & Benefits
$666,808,417
$678,295,170
+2%
Fees to Service Providers
$111,401,000
$125,588,543
+13%
Advertising & Promotion
$53,285
$49,781
-7%
Offices, Occupancy & IT
$31,442,840
$37,317,169
+19%
Interest
$10,347,370
$10,030,850
-3%
Depreciation
$24,140,994
$25,068,091
+4%
Other
$347,481,321
$444,013,482
+28%
Total Expenses
$1,230,988,044
$1,363,698,086
+11%
Net income
2023
2024
Change
Net income
+$76,130,538
+$104,528,326
+37%
Functional Expenses
Summary
2023
2024
Change
Program
$1,131,704,807
$1,260,239,862
+11%
Admin
$99,283,237
$103,458,224
+4%
Fundraising
$0
$0
-
Total Expenses
$1,230,988,044
$1,363,698,086
+11%
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