PROVIDENCE HEALTH SYSTEM - SO CALIFORNIA

PROVIDENCE HEALTH SYSTEM - SO CALIFORNIA

Renton, WA, US
501(c)3
EIN
51-0216589
Hospital
Regional Funder
Subordinate Organization

PROVIDENCE HEALTH SYSTEM - SO CALIFORNIA

Renton, WA, US
501(c)3
EIN
51-0216589
Hospital
Regional Funder
Subordinate Organization

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$2,326,793,207

Program Services
87%
Other
13%
Contributions
<1%
Investments
<1%
Government Grants
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$2,169,417,423

Salaries & Benefits
46%
Other
37%
Fees to Service Providers
10%
Depreciation
3%
Offices, Occupancy & IT
3%
Interest
<1%
Grants
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$11,423,061
$5,830,805
-49%
Government Grants
$29,629,367
$1,647,301
-94%
Fundraising Events
$0
$0
-
Program Services
$1,890,412,941
$2,020,220,877
+7%
Membership Dues
$0
$0
-
Investments
$4,227,679
$4,156,953
-2%
Other
$234,080,307
$294,937,271
+26%
Total Revenues
$2,169,773,355
$2,326,793,207
+7%
Expenses
2023
2024
Change
Grants
$1,996,606
$16,183,908
+711%
Benefits to Members
$0
$0
-
Salaries & Benefits
$801,674,661
$1,008,361,826
+26%
Fees to Service Providers
$264,269,254
$221,323,881
-16%
Advertising & Promotion
$1,458,766
$2,153,655
+48%
Offices, Occupancy & IT
$57,936,056
$54,307,388
-6%
Interest
$19,242,502
$18,274,794
-5%
Depreciation
$64,570,832
$56,395,502
-13%
Other
$1,085,630,744
$792,416,469
-27%
Total Expenses
$2,296,779,421
$2,169,417,423
-6%
Net income
2023
2024
Change
Net income
-$127,006,066
+$157,375,784
-224%
Functional Expenses
Summary
2023
2024
Change
Program
$2,058,542,683
$1,952,545,866
-5%
Admin
$235,164,865
$214,066,427
-9%
Fundraising
$3,071,873
$2,805,130
-9%
Total Expenses
$2,296,779,421
$2,169,417,423
-6%
Income Statement
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