funder logo

MEMORIAL HEALTH CARE SYSTEM FOUNDATION INC

MEMORIAL HEALTH CARE SYSTEM FOUNDATION INC

Chattanooga, TN, US
501(c)3
EIN
62-1839548
Regional Funder
Subordinate Organization
funder logo

MEMORIAL HEALTH CARE SYSTEM FOUNDATION INC

Chattanooga, TN, US
501(c)3
EIN
62-1839548
Regional Funder
Subordinate Organization

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$10,984,674

Contributions
76%
Other
23%
Investments
<1%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$5,238,291

Grants
73%
Other
14%
Fees to Service Providers
10%
Advertising & Promotion
2%
Offices, Occupancy & IT
1%
Benefits to Members
0%
Salaries & Benefits
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$4,319,752
$8,364,167
+94%
Government Grants
$35,000
$0
-100%
Fundraising Events
$234,773
$0
-100%
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$35,926
$42,465
+18%
Other
$913,970
$2,578,042
+182%
Total Revenues
$5,539,421
$10,984,674
+98%
Expenses
2023
2024
Change
Grants
$2,729,760
$3,803,718
+39%
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$452,425
$528,872
+17%
Advertising & Promotion
$98,667
$123,300
+25%
Offices, Occupancy & IT
$39,435
$61,747
+57%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$538,155
$720,654
+34%
Total Expenses
$3,858,442
$5,238,291
+36%
Net income
2023
2024
Change
Net income
+$1,680,979
+$5,746,383
+242%
Functional Expenses
Summary
2023
2024
Change
Program
$2,800,124
$3,890,594
+39%
Admin
$941,451
$1,230,770
+31%
Fundraising
$116,867
$116,927
+0%
Total Expenses
$3,858,442
$5,238,291
+36%
Income Statement
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