SOUTH MIDDLESEX OPPORTUNITY COUNCIL
SOUTH MIDDLESEX OPPORTUNITY COUNCIL
SOUTH MIDDLESEX OPPORTUNITY COUNCIL
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2024
$169,341,312
Program Services
94%
Other
5%
Contributions
<1%
Fundraising Events
<1%
Investments
<1%
Government Grants
0%
Membership Dues
0%
Expenses in 2024
$162,766,511
Other
55%
Salaries & Benefits
24%
Offices, Occupancy & IT
11%
Fees to Service Providers
9%
Depreciation
<1%
Interest
<1%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$981,028
$1,683,936
+72%
Government Grants
$0
$0
-
Fundraising Events
$81,329
$338,921
+317%
Program Services
$140,935,563
$159,107,385
+13%
Membership Dues
$0
$0
-
Investments
$28,312
$38,269
+35%
Other
$7,048,704
$8,172,801
+16%
Total Revenues
$149,074,936
$169,341,312
+14%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$35,450,041
$39,853,623
+12%
Fees to Service Providers
$15,520,230
$15,271,129
-2%
Advertising & Promotion
$49,700
$69,278
+39%
Offices, Occupancy & IT
$10,759,662
$17,577,390
+63%
Interest
$47,376
$165,916
+250%
Depreciation
$151,707
$241,662
+59%
Other
$85,806,738
$89,587,513
+4%
Total Expenses
$147,785,454
$162,766,511
+10%
Net income
2023
2024
Change
Net income
+$1,289,482
+$6,574,801
+410%
Functional Expenses
Summary
2023
2024
Change
Program
$135,202,754
$149,512,060
+11%
Admin
$12,174,771
$12,693,910
+4%
Fundraising
$407,929
$560,541
+37%
Total Expenses
$147,785,454
$162,766,511
+10%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)