GROUNDWORK RHODE ISLAND
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2024
$1,319,374
Government Grants
47%
Contributions
30%
Program Services
21%
Other
2%
Fundraising Events
0%
Membership Dues
0%
Investments
0%
Expenses in 2024
$1,582,809
Salaries & Benefits
58%
Other
35%
Offices, Occupancy & IT
4%
Fees to Service Providers
2%
Depreciation
<1%
Advertising & Promotion
<1%
Interest
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$951,544
$394,855
-59%
Government Grants
$0
$621,680
-
Fundraising Events
$0
$0
-
Program Services
$301,203
$277,964
-8%
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
$9,910
$24,875
+151%
Total Revenues
$1,262,657
$1,319,374
+4%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$610,306
$919,599
+51%
Fees to Service Providers
$8,596
$32,806
+282%
Advertising & Promotion
$1,646
$1,456
-12%
Offices, Occupancy & IT
$36,861
$68,870
+87%
Interest
$0
$10
-
Depreciation
$7,669
$13,338
+74%
Other
$532,781
$546,730
+3%
Total Expenses
$1,197,859
$1,582,809
+32%
Net income
2023
2024
Change
Net income
+$64,798
-$263,435
-507%
Functional Expenses
Summary
2023
2024
Change
Program
$1,112,669
$1,468,496
+32%
Admin
$85,190
$114,313
+34%
Fundraising
$0
$0
-
Total Expenses
$1,197,859
$1,582,809
+32%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)