Husson University
Husson University
Husson University
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2024
$86,166,682
Program Services
86%
Contributions
8%
Government Grants
2%
Other
2%
Investments
1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$85,575,314
Salaries & Benefits
46%
Grants
24%
Depreciation
7%
Other
7%
Offices, Occupancy & IT
5%
Advertising & Promotion
5%
Fees to Service Providers
4%
Interest
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$4,657,903
$7,029,115
+51%
Government Grants
$6,848,142
$2,075,098
-70%
Fundraising Events
$0
$0
-
Program Services
$69,653,939
$74,080,691
+6%
Membership Dues
$0
$0
-
Investments
$787,192
$1,132,441
+44%
Other
$10,070
$1,849,337
+18265%
Total Revenues
$81,957,246
$86,166,682
+5%
Expenses
2023
2024
Change
Grants
$19,430,548
$20,468,126
+5%
Benefits to Members
$0
$0
-
Salaries & Benefits
$37,356,336
$39,514,230
+6%
Fees to Service Providers
$3,085,484
$3,551,894
+15%
Advertising & Promotion
$2,878,786
$4,275,808
+49%
Offices, Occupancy & IT
$4,944,549
$4,457,044
-10%
Interest
$703,286
$628,612
-11%
Depreciation
$6,195,652
$6,355,627
+3%
Other
$5,932,425
$6,323,973
+7%
Total Expenses
$80,527,066
$85,575,314
+6%
Net income
2023
2024
Change
Net income
+$1,430,180
+$591,368
-59%
Functional Expenses
Summary
2023
2024
Change
Program
$72,122,268
$76,183,690
+6%
Admin
$7,047,378
$8,051,020
+14%
Fundraising
$1,357,420
$1,340,604
-1%
Total Expenses
$80,527,066
$85,575,314
+6%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)