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THE FOUNDATION FOR MOUNT NITTANY MEDICAL CENTER INC

THE FOUNDATION FOR MOUNT NITTANY MEDICAL CENTER INC

STATE COLLEGE, PA, US
•
501(c)(3)
•
EIN
57-1138956
•
WWW.MOUNTNITTANY.ORG
•
Fund Raising & Fund Distribution
Hospital
Regional Funder
funder logo

THE FOUNDATION FOR MOUNT NITTANY MEDICAL CENTER INC

STATE COLLEGE, PA, US
•
501(c)(3)
•
EIN
57-1138956
•
WWW.MOUNTNITTANY.ORG
•
Fund Raising & Fund Distribution
Hospital
Regional Funder
Overview
Programs
990s
Income Statement
Balance Sheet
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Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$7,629,084

Contributions
95%
Fundraising Events
5%
Investments
<1%
Other
<1%
Government Grants
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$4,930,849

Grants
74%
Salaries & Benefits
17%
Fees to Service Providers
5%
Other
2%
Offices, Occupancy & IT
2%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$6,219,561
$7,233,227
+16%
Government Grants
$0
$0
-
Fundraising Events
$224,342
$374,775
+67%
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$18,939
$18,530
-2%
Other
-$208,188
$2,552
-101%
Total Revenues
$6,254,654
$7,629,084
+22%
Expenses
2023
2024
Change
Grants
$2,940,199
$3,636,950
+24%
Benefits to Members
$0
$0
-
Salaries & Benefits
$530,273
$860,999
+62%
Fees to Service Providers
$254,407
$266,340
+5%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$79,226
$80,232
+1%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$69,949
$86,328
+23%
Total Expenses
$3,874,054
$4,930,849
+27%
Net income
2023
2024
Change
Net income
+$2,380,600
+$2,698,235
+13%
Functional Expenses
Summary
2023
2024
Change
Program
$2,940,199
$3,636,950
+24%
Admin
$254,407
$266,340
+5%
Fundraising
$679,448
$1,027,559
+51%
Total Expenses
$3,874,054
$4,930,849
+27%
Income Statement
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