ASCENSION BORGESS HOSPITAL
Pub 78

ASCENSION BORGESS HOSPITAL
Pub 78

ASCENSION BORGESS HOSPITAL
Pub 78

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$402,319,537

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

$590,634,672

Other
62%
Salaries & Benefits
29%
Fees to Service Providers
5%
Offices, Occupancy & IT
3%
Depreciation
2%
Grants
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$1,031
$0
-100%
Government Grants
$100,000
$3,819,193
+3719%
Fundraising Events
$0
$0
-
Program Services
$426,334,680
$396,149,662
-7%
Membership Dues
$0
$0
-
Investments
$60
$0
-100%
Other
$4,652,265
$2,350,682
-49%
Total Revenues
$431,088,036
$402,319,537
-7%
Expenses
2023
2024
Change
Grants
$765,698
$510,006
-33%
Benefits to Members
$0
$0
-
Salaries & Benefits
$183,324,234
$168,481,568
-8%
Fees to Service Providers
$13,871,346
$29,379,016
+112%
Advertising & Promotion
$30,224
$136,741
+352%
Offices, Occupancy & IT
$20,565,226
$15,535,426
-24%
Interest
$0
$0
-
Depreciation
$19,674,140
$11,753,827
-40%
Other
$283,637,939
$364,838,088
+29%
Total Expenses
$521,868,807
$590,634,672
+13%
Net income
2023
2024
Change
Net income
-$90,780,771
-$188,315,135
-107%
Functional Expenses
Summary
2023
2024
Change
Program
$378,864,736
$473,253,336
+25%
Admin
$143,004,071
$117,381,336
-18%
Fundraising
$0
$0
-
Total Expenses
$521,868,807
$590,634,672
+13%
Income Statement
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