Adventist Health System Sunbelt Healthcare Corporation

Adventist Health System Sunbelt Healthcare Corporation

Altamonte Springs, FL, US
501(c)3
EIN
59-2170012
Subordinate Organization

Adventist Health System Sunbelt Healthcare Corporation

Altamonte Springs, FL, US
501(c)3
EIN
59-2170012
Subordinate Organization

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$3,188,539,500

Program Services
74%
Government Grants
11%
Investments
10%
Other
5%
Contributions
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$2,738,002,698

Salaries & Benefits
41%
Other
26%
Offices, Occupancy & IT
18%
Fees to Service Providers
9%
Depreciation
4%
Advertising & Promotion
1%
Grants
<1%
Interest
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$15,000
$22,000
+47%
Government Grants
$0
$343,570,827
-
Fundraising Events
$0
$0
-
Program Services
$1,763,534,642
$2,349,316,986
+33%
Membership Dues
$0
$0
-
Investments
$195,752,987
$333,523,076
+70%
Other
-$96,497,532
$162,106,611
-268%
Total Revenues
$1,862,805,097
$3,188,539,500
+71%
Expenses
2023
2024
Change
Grants
$15,247,651
$17,148,687
+12%
Benefits to Members
$0
$0
-
Salaries & Benefits
$931,378,720
$1,125,694,978
+21%
Fees to Service Providers
$280,154,879
$240,683,909
-14%
Advertising & Promotion
$20,663,532
$29,370,987
+42%
Offices, Occupancy & IT
$220,359,381
$483,125,015
+119%
Interest
$186,120,358
$10,506,463
-94%
Depreciation
$101,192,209
$107,119,127
+6%
Other
$116,659,345
$724,353,532
+521%
Total Expenses
$1,871,776,075
$2,738,002,698
+46%
Net income
2023
2024
Change
Net income
-$8,970,978
+$450,536,802
-5122%
Functional Expenses
Summary
2023
2024
Change
Program
$1,433,593,990
$2,248,095,020
+57%
Admin
$438,182,085
$489,907,678
+12%
Fundraising
$0
$0
-
Total Expenses
$1,871,776,075
$2,738,002,698
+46%
Income Statement
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