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RWJ BARNABAS HEALTH INC - SUBORDINATES

RWJ BARNABAS HEALTH INC - SUBORDINATES

OCEANPORT, NJ, US
501(c)(3)
EIN
85-1296795
Hospital
Regional Funder
Subordinate Organization
funder logo

RWJ BARNABAS HEALTH INC - SUBORDINATES

OCEANPORT, NJ, US
501(c)(3)
EIN
85-1296795
Hospital
Regional Funder
Subordinate Organization

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$7,777,256,607

Program Services
97%
Government Grants
2%
Other
<1%
Contributions
<1%
Investments
<1%
Fundraising Events
<1%
Membership Dues
0%
Expenses in 2024

$7,328,308,325

Salaries & Benefits
40%
Other
33%
Fees to Service Providers
18%
Depreciation
4%
Offices, Occupancy & IT
4%
Interest
1%
Grants
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$43,688,531
$18,138,373
-58%
Government Grants
$116,363,670
$132,461,006
+14%
Fundraising Events
$948,553
$1,113,452
+17%
Program Services
$6,834,540,250
$7,559,163,112
+11%
Membership Dues
$0
$0
-
Investments
$6,079,846
$5,502,164
-10%
Other
$70,843,260
$60,878,500
-14%
Total Revenues
$7,072,464,110
$7,777,256,607
+10%
Expenses
2023
2024
Change
Grants
$2,029,278
$8,535,000
+321%
Benefits to Members
$0
$0
-
Salaries & Benefits
$2,943,228,299
$2,953,713,466
+0%
Fees to Service Providers
$1,297,196,330
$1,317,755,740
+2%
Advertising & Promotion
$969,927
$543,344
-44%
Offices, Occupancy & IT
$244,008,694
$265,561,116
+9%
Interest
$96,627,185
$90,721,963
-6%
Depreciation
$271,254,123
$297,806,436
+10%
Other
$2,315,405,095
$2,393,671,260
+3%
Total Expenses
$7,170,718,931
$7,328,308,325
+2%
Net income
2023
2024
Change
Net income
-$98,254,821
+$448,948,282
-557%
Functional Expenses
Summary
2023
2024
Change
Program
$6,454,517,232
$6,596,330,991
+2%
Admin
$715,739,114
$731,903,061
+2%
Fundraising
$462,585
$74,273
-84%
Total Expenses
$7,170,718,931
$7,328,308,325
+2%
Income Statement
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