VALLEY HEALTH SYSTEM GROUP RETURN

VALLEY HEALTH SYSTEM GROUP RETURN

Winchester, VA, US
501(c)3
EIN
80-0584319
Hospital
Subordinate Organization

VALLEY HEALTH SYSTEM GROUP RETURN

Winchester, VA, US
501(c)3
EIN
80-0584319
Hospital
Subordinate Organization

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$1,442,236,973

Program Services
93%
Investments
4%
Other
3%
Contributions
<1%
Government Grants
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$1,339,785,886

Salaries & Benefits
36%
Other
32%
Fees to Service Providers
23%
Depreciation
6%
Offices, Occupancy & IT
1%
Interest
<1%
Grants
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$239,031
$6,487,863
+2614%
Government Grants
$4,012,720
$2,534,895
-37%
Fundraising Events
$0
$0
-
Program Services
$1,174,641,204
$1,334,360,203
+14%
Membership Dues
$0
$0
-
Investments
$11,844,338
$59,376,979
+401%
Other
$32,173,753
$39,477,033
+23%
Total Revenues
$1,222,911,046
$1,442,236,973
+18%
Expenses
2023
2024
Change
Grants
$6,998,894
$8,044,377
+15%
Benefits to Members
$0
$0
-
Salaries & Benefits
$444,539,520
$483,650,996
+9%
Fees to Service Providers
$302,515,182
$311,377,425
+3%
Advertising & Promotion
$354,180
$385,084
+9%
Offices, Occupancy & IT
$19,365,317
$19,940,769
+3%
Interest
$14,381,151
$12,172,116
-15%
Depreciation
$67,867,972
$75,472,390
+11%
Other
$344,477,686
$428,742,729
+24%
Total Expenses
$1,200,499,902
$1,339,785,886
+12%
Net income
2023
2024
Change
Net income
+$22,411,144
+$102,451,087
+357%
Functional Expenses
Summary
2023
2024
Change
Program
$928,597,392
$1,049,302,561
+13%
Admin
$271,902,510
$290,483,325
+7%
Fundraising
$0
$0
-
Total Expenses
$1,200,499,902
$1,339,785,886
+12%
Income Statement
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