COLLEGE OF OUR LADY OF THE ELMS
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2024
$50,475,088
Program Services
84%
Contributions
9%
Government Grants
3%
Investments
2%
Other
1%
Fundraising Events
<1%
Membership Dues
0%
Expenses in 2024
$49,649,874
Salaries & Benefits
39%
Grants
38%
Other
8%
Depreciation
5%
Offices, Occupancy & IT
5%
Fees to Service Providers
3%
Interest
1%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$4,597,883
$4,628,341
+1%
Government Grants
$2,979,029
$1,680,285
-44%
Fundraising Events
$0
$81,000
-
Program Services
$38,234,854
$42,481,803
+11%
Membership Dues
$0
$0
-
Investments
$800,057
$957,372
+20%
Other
$1,200,388
$646,287
-46%
Total Revenues
$47,812,211
$50,475,088
+6%
Expenses
2023
2024
Change
Grants
$15,288,127
$18,949,852
+24%
Benefits to Members
$0
$0
-
Salaries & Benefits
$18,117,263
$19,396,091
+7%
Fees to Service Providers
$639,740
$1,599,202
+150%
Advertising & Promotion
$365,705
$341,933
-7%
Offices, Occupancy & IT
$2,458,670
$2,241,073
-9%
Interest
$511,862
$503,346
-2%
Depreciation
$2,605,866
$2,492,567
-4%
Other
$5,076,220
$4,125,810
-19%
Total Expenses
$45,063,453
$49,649,874
+10%
Net income
2023
2024
Change
Net income
+$2,748,758
+$825,214
-70%
Functional Expenses
Summary
2023
2024
Change
Program
$33,924,012
$38,302,992
+13%
Admin
$10,452,377
$10,490,088
+0%
Fundraising
$687,064
$856,794
+25%
Total Expenses
$45,063,453
$49,649,874
+10%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)