MEMORIAL HEALTH CARE SYSTEM INC

MEMORIAL HEALTH CARE SYSTEM INC

CHATTANOOGA, TN, US
501(c)(3)
EIN
62-0532345
Hospital
Regional Funder
Subordinate Organization

MEMORIAL HEALTH CARE SYSTEM INC

CHATTANOOGA, TN, US
501(c)(3)
EIN
62-0532345
Hospital
Regional Funder
Subordinate Organization

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$714,969,916

Program Services
96%
Other
4%
Investments
<1%
Contributions
<1%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$738,214,851

Salaries & Benefits
42%
Other
29%
Fees to Service Providers
17%
Offices, Occupancy & IT
6%
Depreciation
4%
Interest
2%
Advertising & Promotion
<1%
Grants
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$0
$417,073
-
Government Grants
$5,952,873
$0
-100%
Fundraising Events
$0
$0
-
Program Services
$621,347,084
$683,625,573
+10%
Membership Dues
$0
$0
-
Investments
$2,564,029
$1,799,608
-30%
Other
$25,883,687
$29,127,662
+13%
Total Revenues
$655,747,673
$714,969,916
+9%
Expenses
2023
2024
Change
Grants
$482,921
$2,333,425
+383%
Benefits to Members
$0
$0
-
Salaries & Benefits
$297,438,452
$309,211,441
+4%
Fees to Service Providers
$106,104,505
$126,157,639
+19%
Advertising & Promotion
$2,474,653
$2,496,179
+1%
Offices, Occupancy & IT
$44,640,610
$45,553,244
+2%
Interest
$13,776,189
$13,601,225
-1%
Depreciation
$34,564,482
$27,467,132
-21%
Other
$199,352,427
$211,394,566
+6%
Total Expenses
$698,834,239
$738,214,851
+6%
Net income
2023
2024
Change
Net income
-$43,086,566
-$23,244,935
+46%
Functional Expenses
Summary
2023
2024
Change
Program
$649,520,751
$684,921,427
+5%
Admin
$49,313,488
$53,293,424
+8%
Fundraising
$0
$0
-
Total Expenses
$698,834,239
$738,214,851
+6%
Income Statement
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)