funder logo

VIRGINIA HOSPITAL RESEARCH AND EDUCATION FOUNDATION

VIRGINIA HOSPITAL RESEARCH AND EDUCATION FOUNDATION

Richmond, VA, US
501(c)(3)
EIN
54-0801059
Regional Funder
funder logo

VIRGINIA HOSPITAL RESEARCH AND EDUCATION FOUNDATION

Richmond, VA, US
501(c)(3)
EIN
54-0801059
Regional Funder

Income Statement

Fiscal Year Start:
Oct 1
Revenues in 2024

$7,907,898

Government Grants
73%
Contributions
12%
Program Services
9%
Other
4%
Investments
2%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$8,014,424

Grants
62%
Other
22%
Fees to Service Providers
14%
Offices, Occupancy & IT
2%
Depreciation
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Salaries & Benefits
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$1,734,828
$939,884
-46%
Government Grants
$5,320,755
$5,765,894
+8%
Fundraising Events
$0
$0
-
Program Services
$969,759
$711,244
-27%
Membership Dues
$0
$0
-
Investments
$119,642
$145,111
+21%
Other
$316
$345,765
+109319%
Total Revenues
$8,145,300
$7,907,898
-3%
Expenses
2023
2024
Change
Grants
$4,896,465
$5,001,031
+2%
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$994,078
$1,088,967
+10%
Advertising & Promotion
$2,500
$1,756
-30%
Offices, Occupancy & IT
$198,761
$159,085
-20%
Interest
$0
$0
-
Depreciation
$12,490
$15,667
+25%
Other
$1,547,557
$1,747,918
+13%
Total Expenses
$7,651,851
$8,014,424
+5%
Net income
2023
2024
Change
Net income
+$493,449
-$106,526
-122%
Functional Expenses
Summary
2023
2024
Change
Program
$7,489,924
$7,813,276
+4%
Admin
$161,927
$201,148
+24%
Fundraising
$0
$0
-
Total Expenses
$7,651,851
$8,014,424
+5%
Income Statement
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