Portercare Adventist Health System

Portercare Adventist Health System

Greenwood Village, CO, US
•
501(c)3
•
EIN
84-0438224
•
www.adventhealth.com
•
Hospital
Regional Funder
•
Subordinate Organization

Portercare Adventist Health System

Greenwood Village, CO, US
•
501(c)3
•
EIN
84-0438224
•
www.adventhealth.com
•
Hospital
Regional Funder
•
Subordinate Organization
Overview
Programs
990s
Income Statement
Balance Sheet
How to Apply
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Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$731,175,522

Program Services
99%
Investments
<1%
Other
<1%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$824,419,557

Salaries & Benefits
40%
Other
26%
Fees to Service Providers
22%
Depreciation
5%
Offices, Occupancy & IT
5%
Advertising & Promotion
1%
Interest
<1%
Grants
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$1,514,190,632
$723,753,234
-52%
Membership Dues
$0
$0
-
Investments
$6,949,028
$7,218,113
+4%
Other
$14,897,523
$204,175
-99%
Total Revenues
$1,536,037,183
$731,175,522
-52%
Expenses
2023
2024
Change
Grants
$2,386,590
$1,097,553
-54%
Benefits to Members
$0
$0
-
Salaries & Benefits
$571,928,748
$327,817,288
-43%
Fees to Service Providers
$348,761,490
$185,492,359
-47%
Advertising & Promotion
$3,151,870
$8,653,998
+175%
Offices, Occupancy & IT
$63,276,296
$39,361,929
-38%
Interest
$8,804,129
$4,499,906
-49%
Depreciation
$89,618,574
$41,950,229
-53%
Other
$380,619,454
$215,546,295
-43%
Total Expenses
$1,468,547,151
$824,419,557
-44%
Net income
2023
2024
Change
Net income
+$67,490,032
-$93,244,035
-238%
Functional Expenses
Summary
2023
2024
Change
Program
$1,241,321,768
$744,471,649
-40%
Admin
$227,225,383
$79,947,908
-65%
Fundraising
$0
$0
-
Total Expenses
$1,468,547,151
$824,419,557
-44%
Income Statement
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