KENNEBEC VALLEY COMMUNITY ACTION PROGRAM
Income Statement
Fiscal Year Start:
Oct 1
Revenues in 2024
$42,422,001
Government Grants
53%
Program Services
45%
Other
1%
Contributions
<1%
Investments
<1%
Fundraising Events
<1%
Membership Dues
0%
Expenses in 2024
$40,929,739
Salaries & Benefits
47%
Grants
29%
Offices, Occupancy & IT
8%
Fees to Service Providers
7%
Other
6%
Depreciation
3%
Interest
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$1,324,788
$331,611
-75%
Government Grants
$25,972,318
$22,546,488
-13%
Fundraising Events
$22,290
$900
-96%
Program Services
$18,628,603
$19,057,070
+2%
Membership Dues
$0
$0
-
Investments
$28,532
$44,490
+56%
Other
$679,303
$441,442
-35%
Total Revenues
$46,655,834
$42,422,001
-9%
Expenses
2023
2024
Change
Grants
$17,053,055
$11,874,190
-30%
Benefits to Members
$0
$0
-
Salaries & Benefits
$17,055,312
$19,337,459
+13%
Fees to Service Providers
$2,029,061
$3,009,398
+48%
Advertising & Promotion
$38,050
$32,660
-14%
Offices, Occupancy & IT
$3,715,886
$3,165,964
-15%
Interest
$63,111
$50,704
-20%
Depreciation
$1,054,095
$1,153,554
+9%
Other
$2,716,471
$2,305,810
-15%
Total Expenses
$43,725,041
$40,929,739
-6%
Net income
2023
2024
Change
Net income
+$2,930,793
+$1,492,262
-49%
Functional Expenses
Summary
2023
2024
Change
Program
$40,940,780
$37,708,491
-8%
Admin
$2,706,960
$3,198,455
+18%
Fundraising
$77,301
$22,793
-71%
Total Expenses
$43,725,041
$40,929,739
-6%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)