Piedmont Healthcare Foundation Inc

Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2024
$14,429,086
Contributions
84%
Investments
10%
Fundraising Events
6%
Other
<1%
Government Grants
<1%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$2,097,489
Salaries & Benefits
48%
Offices, Occupancy & IT
38%
Fees to Service Providers
8%
Other
5%
Advertising & Promotion
<1%
Depreciation
<1%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$10,022,406
$12,107,364
+21%
Government Grants
$10,670
$5,244
-51%
Fundraising Events
$452,994
$863,159
+91%
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$627,752
$1,429,484
+128%
Other
$26,294
$23,835
-9%
Total Revenues
$11,140,116
$14,429,086
+30%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,509,396
$1,012,742
-33%
Fees to Service Providers
$269,673
$165,702
-39%
Advertising & Promotion
$21,600
$15,633
-28%
Offices, Occupancy & IT
$303,670
$790,974
+160%
Interest
$0
$0
-
Depreciation
$848
$12,360
+1358%
Other
$66,931
$100,078
+50%
Total Expenses
$2,172,118
$2,097,489
-3%
Net income
2023
2024
Change
Net income
+$8,967,998
+$12,331,597
+38%
Functional Expenses
Summary
2023
2024
Change
Program
$1,606,260
$1,278,860
-20%
Admin
$565,858
$818,629
+45%
Fundraising
$0
$0
-
Total Expenses
$2,172,118
$2,097,489
-3%
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