RICHMOND MEDICAL CENTER
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$461,087,322
Program Services
93%
Government Grants
7%
Other
<1%
Contributions
<1%
Investments
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$487,899,436
Salaries & Benefits
68%
Other
14%
Fees to Service Providers
12%
Depreciation
4%
Interest
1%
Offices, Occupancy & IT
1%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$894,631
$739,050
-17%
Government Grants
$24,188,293
$30,260,781
+25%
Fundraising Events
$0
$0
-
Program Services
$408,685,837
$426,747,959
+4%
Membership Dues
$0
$0
-
Investments
$438,741
$470,969
+7%
Other
$2,078,291
$2,868,563
+38%
Total Revenues
$436,285,793
$461,087,322
+6%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$300,310,943
$329,792,243
+10%
Fees to Service Providers
$53,769,509
$57,849,817
+8%
Advertising & Promotion
$696,125
$313,442
-55%
Offices, Occupancy & IT
$5,002,122
$5,245,180
+5%
Interest
$5,880,983
$6,874,038
+17%
Depreciation
$12,922,883
$18,720,959
+45%
Other
$73,839,932
$69,103,757
-6%
Total Expenses
$452,422,497
$487,899,436
+8%
Net income
2023
2024
Change
Net income
-$16,136,704
-$26,812,114
-66%
Functional Expenses
Summary
2023
2024
Change
Program
$396,095,114
$427,980,547
+8%
Admin
$56,327,383
$59,918,889
+6%
Fundraising
$0
$0
-
Total Expenses
$452,422,497
$487,899,436
+8%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)