LUMINIS HEALTH ANNE ARUNDEL MEDICAL CENTER INC

LUMINIS HEALTH ANNE ARUNDEL MEDICAL CENTER INC

Annapolis, MD, US
501(c)3
EIN
52-1169362
Hospital

LUMINIS HEALTH ANNE ARUNDEL MEDICAL CENTER INC

Annapolis, MD, US
501(c)3
EIN
52-1169362
Hospital

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$672,149,206

Program Services
95%
Investments
2%
Other
2%
Government Grants
<1%
Contributions
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$617,366,493

Salaries & Benefits
40%
Fees to Service Providers
32%
Other
20%
Offices, Occupancy & IT
3%
Depreciation
3%
Interest
2%
Grants
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$304,009
$161,951
-47%
Government Grants
$4,567,793
$754,846
-83%
Fundraising Events
$0
$0
-
Program Services
$617,106,400
$639,366,061
+4%
Membership Dues
$0
$0
-
Investments
$17,112,648
$16,775,704
-2%
Other
$13,367,114
$15,090,644
+13%
Total Revenues
$652,457,964
$672,149,206
+3%
Expenses
2023
2024
Change
Grants
$253,999
$258,495
+2%
Benefits to Members
$0
$0
-
Salaries & Benefits
$263,065,891
$249,353,658
-5%
Fees to Service Providers
$178,023,885
$197,088,782
+11%
Advertising & Promotion
$18,771
$4,397
-77%
Offices, Occupancy & IT
$23,920,143
$20,186,277
-16%
Interest
$7,692,593
$9,708,241
+26%
Depreciation
$19,836,880
$19,123,161
-4%
Other
$145,059,511
$121,643,482
-16%
Total Expenses
$637,871,673
$617,366,493
-3%
Net income
2023
2024
Change
Net income
+$14,586,291
+$54,782,713
+276%
Functional Expenses
Summary
2023
2024
Change
Program
$454,419,033
$423,005,056
-7%
Admin
$183,452,640
$194,361,437
+6%
Fundraising
$0
$0
-
Total Expenses
$637,871,673
$617,366,493
-3%
Income Statement
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