Piedmont Hospital Inc
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2024
$1,685,342,267
Program Services
98%
Other
1%
Investments
<1%
Contributions
<1%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$1,468,034,906
Other
45%
Salaries & Benefits
29%
Fees to Service Providers
11%
Offices, Occupancy & IT
7%
Depreciation
5%
Interest
2%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$717,709
$690,896
-4%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$1,454,768,637
$1,658,796,248
+14%
Membership Dues
$0
$0
-
Investments
$3,741,563
$3,037,411
-19%
Other
$21,437,001
$22,817,712
+6%
Total Revenues
$1,480,664,910
$1,685,342,267
+14%
Expenses
2023
2024
Change
Grants
$1,299
$0
-100%
Benefits to Members
$0
$0
-
Salaries & Benefits
$382,177,440
$429,424,348
+12%
Fees to Service Providers
$171,625,818
$165,012,833
-4%
Advertising & Promotion
$2,438,029
$2,840,541
+17%
Offices, Occupancy & IT
$102,209,097
$107,759,509
+5%
Interest
$28,724,544
$26,923,456
-6%
Depreciation
$73,684,609
$69,636,238
-5%
Other
$594,321,613
$666,437,981
+12%
Total Expenses
$1,355,182,449
$1,468,034,906
+8%
Net income
2023
2024
Change
Net income
+$125,482,461
+$217,307,361
+73%
Functional Expenses
Summary
2023
2024
Change
Program
$1,193,365,961
$1,304,506,496
+9%
Admin
$161,816,488
$163,528,410
+1%
Fundraising
$0
$0
-
Total Expenses
$1,355,182,449
$1,468,034,906
+8%
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