SHEPPARD PRATT HEALTH SYSTEM INC

Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2024
$319,635,353
Program Services
90%
Other
8%
Government Grants
1%
Contributions
<1%
Investments
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$309,065,100
Salaries & Benefits
66%
Fees to Service Providers
10%
Offices, Occupancy & IT
8%
Other
7%
Depreciation
7%
Interest
2%
Advertising & Promotion
1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$7,171,859
$1,230,494
-83%
Government Grants
$6,081,604
$3,445,607
-43%
Fundraising Events
$0
$0
-
Program Services
$267,971,017
$288,818,977
+8%
Membership Dues
$0
$0
-
Investments
$321,717
$508,652
+58%
Other
$10,376,212
$25,631,623
+147%
Total Revenues
$291,922,409
$319,635,353
+9%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$182,815,857
$202,482,375
+11%
Fees to Service Providers
$30,084,457
$30,541,406
+2%
Advertising & Promotion
$4,554,201
$4,567,555
+0%
Offices, Occupancy & IT
$26,683,093
$25,784,181
-3%
Interest
$4,930,275
$4,928,221
0%
Depreciation
$20,570,399
$20,283,473
-1%
Other
$14,055,314
$20,477,889
+46%
Total Expenses
$283,693,596
$309,065,100
+9%
Net income
2023
2024
Change
Net income
+$8,228,813
+$10,570,253
+28%
Functional Expenses
Summary
2023
2024
Change
Program
$192,463,600
$247,126,866
+28%
Admin
$91,229,996
$61,938,234
-32%
Fundraising
$0
$0
-
Total Expenses
$283,693,596
$309,065,100
+9%
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