Franciscan Health System

Franciscan Health System

Tacoma, WA, US
501(c)3
EIN
91-0564491
Hospital
Regional Funder
Subordinate Organization

Franciscan Health System

Tacoma, WA, US
501(c)3
EIN
91-0564491
Hospital
Regional Funder
Subordinate Organization

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$1,821,452,038

Program Services
94%
Other
4%
Government Grants
1%
Investments
<1%
Contributions
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$1,882,297,860

Salaries & Benefits
42%
Other
25%
Fees to Service Providers
22%
Offices, Occupancy & IT
7%
Depreciation
4%
Advertising & Promotion
<1%
Interest
<1%
Grants
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$146,368
$351,187
+140%
Government Grants
$28,636,585
$23,231,756
-19%
Fundraising Events
$0
$0
-
Program Services
$1,505,568,321
$1,719,329,495
+14%
Membership Dues
$0
$0
-
Investments
$1,426,576
$2,094,134
+47%
Other
$50,054,855
$76,445,466
+53%
Total Revenues
$1,585,832,705
$1,821,452,038
+15%
Expenses
2023
2024
Change
Grants
$434,864
$1,198,351
+176%
Benefits to Members
$0
$0
-
Salaries & Benefits
$775,242,748
$791,565,865
+2%
Fees to Service Providers
$335,097,710
$409,214,002
+22%
Advertising & Promotion
$8,543,057
$7,455,166
-13%
Offices, Occupancy & IT
$125,042,084
$132,715,773
+6%
Interest
$4,768,166
$3,120,145
-35%
Depreciation
$82,898,483
$70,857,804
-15%
Other
$400,862,007
$466,170,754
+16%
Total Expenses
$1,732,889,119
$1,882,297,860
+9%
Net income
2023
2024
Change
Net income
-$147,056,414
-$60,845,822
+59%
Functional Expenses
Summary
2023
2024
Change
Program
$1,469,518,211
$1,597,353,647
+9%
Admin
$263,370,908
$284,944,213
+8%
Fundraising
$0
$0
-
Total Expenses
$1,732,889,119
$1,882,297,860
+9%
Income Statement
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