Baptist Hospitals of Southeast Texas

Baptist Hospitals of Southeast Texas

BEAUMONT, TX, US
501(c)(3)
EIN
74-1303720
Hospital
Subordinate Organization

Baptist Hospitals of Southeast Texas

BEAUMONT, TX, US
501(c)(3)
EIN
74-1303720
Hospital
Subordinate Organization

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$429,683,682

Program Services
98%
Other
1%
Investments
<1%
Government Grants
<1%
Contributions
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$372,566,109

Salaries & Benefits
39%
Other
32%
Fees to Service Providers
19%
Offices, Occupancy & IT
6%
Depreciation
2%
Interest
<1%
Advertising & Promotion
<1%
Grants
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$511,630
$195,775
-62%
Government Grants
$106,768
$969,674
+808%
Fundraising Events
$0
$0
-
Program Services
$372,190,413
$420,028,979
+13%
Membership Dues
$0
$0
-
Investments
$2,077,335
$4,008,784
+93%
Other
$5,086,730
$4,480,470
-12%
Total Revenues
$379,972,876
$429,683,682
+13%
Expenses
2023
2024
Change
Grants
$7,500
$38,000
+407%
Benefits to Members
$0
$0
-
Salaries & Benefits
$133,537,553
$146,704,765
+10%
Fees to Service Providers
$63,398,388
$70,322,020
+11%
Advertising & Promotion
$188,823
$210,193
+11%
Offices, Occupancy & IT
$21,922,553
$23,472,477
+7%
Interest
$2,697,124
$2,327,186
-14%
Depreciation
$8,736,580
$9,006,457
+3%
Other
$114,118,742
$120,485,011
+6%
Total Expenses
$344,607,263
$372,566,109
+8%
Net income
2023
2024
Change
Net income
+$35,365,613
+$57,117,573
+62%
Functional Expenses
Summary
2023
2024
Change
Program
$219,081,180
$240,534,736
+10%
Admin
$125,526,083
$132,031,373
+5%
Fundraising
$0
$0
-
Total Expenses
$344,607,263
$372,566,109
+8%
Income Statement
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