Fairfield University
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2024
$489,308,458
Program Services
82%
Contributions
8%
Other
5%
Investments
3%
Government Grants
1%
Fundraising Events
<1%
Membership Dues
0%
Expenses in 2024
$432,418,916
Salaries & Benefits
41%
Grants
29%
Other
7%
Fees to Service Providers
7%
Depreciation
7%
Offices, Occupancy & IT
6%
Interest
2%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$26,127,498
$39,822,408
+52%
Government Grants
$2,913,414
$5,700,688
+96%
Fundraising Events
$1,139,621
$1,318,232
+16%
Program Services
$370,160,726
$403,023,980
+9%
Membership Dues
$0
$0
-
Investments
$14,354,732
$13,578,109
-5%
Other
$9,832,045
$25,865,041
+163%
Total Revenues
$424,528,036
$489,308,458
+15%
Expenses
2023
2024
Change
Grants
$112,544,567
$124,334,323
+10%
Benefits to Members
$0
$0
-
Salaries & Benefits
$156,882,611
$176,199,285
+12%
Fees to Service Providers
$28,737,390
$30,496,921
+6%
Advertising & Promotion
$2,859,832
$3,085,088
+8%
Offices, Occupancy & IT
$24,124,733
$27,208,607
+13%
Interest
$12,244,846
$10,367,035
-15%
Depreciation
$25,257,729
$29,455,422
+17%
Other
$22,094,868
$31,272,235
+42%
Total Expenses
$384,746,576
$432,418,916
+12%
Net income
2023
2024
Change
Net income
+$39,781,460
+$56,889,542
+43%
Functional Expenses
Summary
2023
2024
Change
Program
$320,025,972
$356,269,980
+11%
Admin
$54,725,226
$65,187,305
+19%
Fundraising
$9,995,378
$10,961,631
+10%
Total Expenses
$384,746,576
$432,418,916
+12%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)