West Virginia University Hospitals Inc

West Virginia University Hospitals Inc

Morgantown, WV, US
501(c)3
EIN
55-0643304
Hospital
Regional Funder

West Virginia University Hospitals Inc

Morgantown, WV, US
501(c)3
EIN
55-0643304
Hospital
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$2,472,013,833

Program Services
97%
Other
3%
Investments
<1%
Government Grants
<1%
Contributions
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$2,377,431,508

Other
57%
Salaries & Benefits
31%
Depreciation
4%
Fees to Service Providers
3%
Offices, Occupancy & IT
3%
Interest
1%
Advertising & Promotion
<1%
Grants
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$1,462,270
$1,198,006
-18%
Government Grants
$436,761
$6,542,596
+1398%
Fundraising Events
$0
$0
-
Program Services
$1,815,130,718
$2,385,858,561
+31%
Membership Dues
$0
$0
-
Investments
$17,590,399
$16,563,701
-6%
Other
$271,249,435
$61,850,969
-77%
Total Revenues
$2,105,869,583
$2,472,013,833
+17%
Expenses
2023
2024
Change
Grants
$1,655,180
$1,697,195
+3%
Benefits to Members
$0
$0
-
Salaries & Benefits
$675,008,556
$747,175,616
+11%
Fees to Service Providers
$133,570,250
$81,900,179
-39%
Advertising & Promotion
$2,747,236
$2,773,493
+1%
Offices, Occupancy & IT
$69,897,797
$73,287,325
+5%
Interest
$33,746,869
$34,334,896
+2%
Depreciation
$88,986,446
$90,473,989
+2%
Other
$1,044,800,483
$1,345,788,815
+29%
Total Expenses
$2,050,412,817
$2,377,431,508
+16%
Net income
2023
2024
Change
Net income
+$55,456,766
+$94,582,325
+71%
Functional Expenses
Summary
2023
2024
Change
Program
$1,716,627,742
$2,021,902,292
+18%
Admin
$333,785,075
$355,529,216
+7%
Fundraising
$0
$0
-
Total Expenses
$2,050,412,817
$2,377,431,508
+16%
Income Statement
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