funder logo

Saint Michael's College

Saint Michael's College

Colchester, VT, US
501(c)3
EIN
03-0179403
School
Regional Funder
Subordinate Organization
funder logo

Saint Michael's College

Colchester, VT, US
501(c)3
EIN
03-0179403
School
Regional Funder
Subordinate Organization

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$98,436,991

Program Services
81%
Contributions
8%
Other
5%
Investments
3%
Government Grants
2%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$108,384,719

Grants
37%
Salaries & Benefits
33%
Other
10%
Offices, Occupancy & IT
10%
Depreciation
6%
Interest
3%
Fees to Service Providers
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$3,166,290
$8,026,497
+153%
Government Grants
$1,999,312
$2,141,811
+7%
Fundraising Events
$0
$0
-
Program Services
$80,266,370
$79,480,667
-1%
Membership Dues
$0
$0
-
Investments
$3,450,762
$3,386,690
-2%
Other
$6,775,718
$5,401,326
-20%
Total Revenues
$95,658,452
$98,436,991
+3%
Expenses
2023
2024
Change
Grants
$39,323,644
$40,343,932
+3%
Benefits to Members
$0
$0
-
Salaries & Benefits
$35,173,547
$35,592,581
+1%
Fees to Service Providers
$1,064,804
$856,582
-20%
Advertising & Promotion
$1,678,706
$812,597
-52%
Offices, Occupancy & IT
$11,231,046
$10,794,503
-4%
Interest
$1,934,107
$2,894,040
+50%
Depreciation
$6,457,772
$6,102,401
-6%
Other
$10,042,068
$10,988,083
+9%
Total Expenses
$106,905,694
$108,384,719
+1%
Net income
2023
2024
Change
Net income
-$11,247,242
-$9,947,728
+12%
Functional Expenses
Summary
2023
2024
Change
Program
$93,161,313
$97,509,829
+5%
Admin
$11,580,528
$8,851,711
-24%
Fundraising
$2,163,853
$2,023,179
-7%
Total Expenses
$106,905,694
$108,384,719
+1%
Income Statement
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