TRUSTEES OF CLARK UNIVERSITY
Income Statement
Fiscal Year Start:
Jun 1
Revenues in 2024
$249,568,152
Program Services
81%
Contributions
9%
Other
5%
Government Grants
4%
Investments
1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$258,888,264
Salaries & Benefits
39%
Grants
37%
Other
7%
Fees to Service Providers
5%
Offices, Occupancy & IT
5%
Depreciation
4%
Interest
2%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$15,256,812
$22,641,595
+48%
Government Grants
$15,594,040
$8,962,723
-43%
Fundraising Events
$0
$0
-
Program Services
$188,308,957
$203,088,841
+8%
Membership Dues
$0
$0
-
Investments
$2,866,466
$2,888,763
+1%
Other
$4,914,972
$11,986,230
+144%
Total Revenues
$226,941,247
$249,568,152
+10%
Expenses
2023
2024
Change
Grants
$90,347,643
$96,218,791
+6%
Benefits to Members
$0
$0
-
Salaries & Benefits
$93,672,696
$99,926,180
+7%
Fees to Service Providers
$17,834,589
$14,167,603
-21%
Advertising & Promotion
$772,396
$725,035
-6%
Offices, Occupancy & IT
$14,379,084
$13,227,773
-8%
Interest
$4,399,988
$4,518,802
+3%
Depreciation
$9,436,353
$10,944,710
+16%
Other
$18,043,210
$19,159,370
+6%
Total Expenses
$248,885,959
$258,888,264
+4%
Net income
2023
2024
Change
Net income
-$21,944,712
-$9,320,112
+58%
Functional Expenses
Summary
2023
2024
Change
Program
$238,338,893
$243,234,684
+2%
Admin
$4,380,932
$9,003,148
+106%
Fundraising
$6,166,134
$6,650,432
+8%
Total Expenses
$248,885,959
$258,888,264
+4%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)