THE MEDSTAR-GEORGETOWN MEDICAL CENTER INC

THE MEDSTAR-GEORGETOWN MEDICAL CENTER INC

Washington, DC, US
501(c)3
EIN
52-2218584
Hospital

THE MEDSTAR-GEORGETOWN MEDICAL CENTER INC

Washington, DC, US
501(c)3
EIN
52-2218584
Hospital

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$1,675,757,775

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

$1,501,321,190

Salaries & Benefits
49%
Other
27%
Fees to Service Providers
16%
Depreciation
5%
Interest
1%
Offices, Occupancy & IT
1%
Advertising & Promotion
<1%
Grants
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$17,019,070
$37,167,747
+118%
Government Grants
$17,698,137
$5,048,020
-71%
Fundraising Events
$0
$0
-
Program Services
$1,415,750,012
$1,595,798,069
+13%
Membership Dues
$0
$0
-
Investments
$1,365,972
$1,272,913
-7%
Other
$38,171,221
$36,471,026
-4%
Total Revenues
$1,490,004,412
$1,675,757,775
+12%
Expenses
2023
2024
Change
Grants
$0
$10,000
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$704,526,370
$732,410,589
+4%
Fees to Service Providers
$219,156,290
$245,420,825
+12%
Advertising & Promotion
$4,411,773
$7,043,725
+60%
Offices, Occupancy & IT
$16,142,630
$15,752,730
-2%
Interest
$5,930,144
$17,471,518
+195%
Depreciation
$37,656,836
$81,025,849
+115%
Other
$360,247,108
$402,185,954
+12%
Total Expenses
$1,348,071,151
$1,501,321,190
+11%
Net income
2023
2024
Change
Net income
+$141,933,261
+$174,436,585
+23%
Functional Expenses
Summary
2023
2024
Change
Program
$1,115,611,975
$1,221,302,293
+9%
Admin
$232,459,176
$280,018,897
+20%
Fundraising
$0
$0
-
Total Expenses
$1,348,071,151
$1,501,321,190
+11%
Income Statement
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