Memorial Hermann Health System

Memorial Hermann Health System

Houston, TX, US
501(c)(3)
EIN
74-1152597
Hospital
Regional Funder

Memorial Hermann Health System

Houston, TX, US
501(c)(3)
EIN
74-1152597
Hospital
Regional Funder

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$8,526,519,854

Program Services
94%
Investments
5%
Other
<1%
Government Grants
<1%
Contributions
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$7,666,749,931

Salaries & Benefits
44%
Fees to Service Providers
24%
Other
21%
Depreciation
5%
Offices, Occupancy & IT
4%
Interest
1%
Grants
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$18,341,214
$9,725,818
-47%
Fundraising Events
$0
$0
-
Program Services
$7,338,786,979
$8,040,024,375
+10%
Membership Dues
$0
$0
-
Investments
$161,142,930
$408,406,179
+153%
Other
$63,138,302
$68,363,482
+8%
Total Revenues
$7,581,409,425
$8,526,519,854
+12%
Expenses
2023
2024
Change
Grants
$27,652,821
$29,605,750
+7%
Benefits to Members
$0
$0
-
Salaries & Benefits
$3,160,135,075
$3,384,153,821
+7%
Fees to Service Providers
$1,435,172,229
$1,806,687,228
+26%
Advertising & Promotion
$26,538,536
$21,380,500
-19%
Offices, Occupancy & IT
$320,532,261
$320,625,435
+0%
Interest
$110,186,713
$110,817,181
+1%
Depreciation
$359,835,447
$376,688,964
+5%
Other
$1,512,256,554
$1,616,791,052
+7%
Total Expenses
$6,952,309,636
$7,666,749,931
+10%
Net income
2023
2024
Change
Net income
+$629,099,789
+$859,769,923
+37%
Functional Expenses
Summary
2023
2024
Change
Program
$5,948,979,655
$6,518,355,440
+10%
Admin
$1,003,329,981
$1,148,394,491
+14%
Fundraising
$0
$0
-
Total Expenses
$6,952,309,636
$7,666,749,931
+10%
Income Statement
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