President and Fellows of Harvard College
President and Fellows of Harvard College
President and Fellows of Harvard College
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2024
$7,654,478,632
Other
42%
Program Services
31%
Contributions
13%
Government Grants
9%
Investments
4%
Membership Dues
<1%
Fundraising Events
<1%
Expenses in 2024
$6,837,224,617
Salaries & Benefits
46%
Grants
14%
Fees to Service Providers
12%
Offices, Occupancy & IT
11%
Other
7%
Depreciation
6%
Interest
3%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$1,211,448,636
$1,018,884,536
-16%
Government Grants
$657,397,375
$669,430,616
+2%
Fundraising Events
$250,372
$336,606
+34%
Program Services
$2,300,718,808
$2,395,270,319
+4%
Membership Dues
$3,268,146
$3,202,672
-2%
Investments
$419,470,369
$331,443,983
-21%
Other
$1,459,380,732
$3,235,909,900
+122%
Total Revenues
$6,051,934,438
$7,654,478,632
+26%
Expenses
2023
2024
Change
Grants
$888,636,059
$953,713,268
+7%
Benefits to Members
$0
$0
-
Salaries & Benefits
$2,882,825,418
$3,139,227,716
+9%
Fees to Service Providers
$695,202,980
$790,680,525
+14%
Advertising & Promotion
$53,220,282
$57,873,245
+9%
Offices, Occupancy & IT
$678,606,968
$754,550,717
+11%
Interest
$205,840,845
$223,764,081
+9%
Depreciation
$400,535,428
$413,998,964
+3%
Other
$448,205,706
$503,416,101
+12%
Total Expenses
$6,253,073,686
$6,837,224,617
+9%
Net income
2023
2024
Change
Net income
-$201,139,248
+$817,254,015
-506%
Functional Expenses
Summary
2023
2024
Change
Program
$5,493,054,903
$5,877,647,588
+7%
Admin
$560,557,570
$733,460,900
+31%
Fundraising
$199,461,213
$226,116,129
+13%
Total Expenses
$6,253,073,686
$6,837,224,617
+9%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)