SALEM HEALTH HOSPITALS & CLINICS
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2024
$119,650,242
Investments
47%
Program Services
40%
Other
12%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$30,519,524
Depreciation
98%
Offices, Occupancy & IT
2%
Other
<1%
Grants
0%
Benefits to Members
0%
Salaries & Benefits
0%
Fees to Service Providers
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$1,692,000
$0
-100%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$49,367,477
$48,361,722
-2%
Membership Dues
$0
$0
-
Investments
$40,592,672
$56,591,054
+39%
Other
$9,278,134
$14,697,466
+58%
Total Revenues
$100,930,283
$119,650,242
+19%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$0
$0
-
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$536,020
$537,549
+0%
Interest
$0
$0
-
Depreciation
$29,905,252
$29,981,555
+0%
Other
$400
$420
+5%
Total Expenses
$30,441,672
$30,519,524
+0%
Net income
2023
2024
Change
Net income
+$70,488,611
+$89,130,718
+26%
Functional Expenses
Summary
2023
2024
Change
Program
$30,441,672
$30,519,524
+0%
Admin
$0
$0
-
Fundraising
$0
$0
-
Total Expenses
$30,441,672
$30,519,524
+0%
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