College Board
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$1,174,989,530
Program Services
86%
Other
11%
Investments
3%
Government Grants
<1%
Contributions
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$962,967,183
Other
45%
Salaries & Benefits
37%
Offices, Occupancy & IT
7%
Fees to Service Providers
6%
Depreciation
3%
Grants
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$2,107,546
$775,977
-63%
Government Grants
$2,471,048
$1,687,778
-32%
Fundraising Events
$0
$0
-
Program Services
$955,886,984
$1,007,467,769
+5%
Membership Dues
$0
$0
-
Investments
$31,283,958
$31,053,809
-1%
Other
$27,323,734
$134,004,197
+390%
Total Revenues
$1,019,073,270
$1,174,989,530
+15%
Expenses
2023
2024
Change
Grants
$3,799,726
$5,210,121
+37%
Benefits to Members
$0
$0
-
Salaries & Benefits
$336,224,986
$360,507,309
+7%
Fees to Service Providers
$57,068,098
$58,694,943
+3%
Advertising & Promotion
$5,939,657
$5,017,943
-16%
Offices, Occupancy & IT
$92,884,423
$65,614,241
-29%
Interest
$0
$0
-
Depreciation
$23,777,385
$31,420,408
+32%
Other
$453,958,652
$436,502,218
-4%
Total Expenses
$973,652,927
$962,967,183
-1%
Net income
2023
2024
Change
Net income
+$45,420,343
+$212,022,347
+367%
Functional Expenses
Summary
2023
2024
Change
Program
$818,504,045
$814,051,930
-1%
Admin
$155,148,882
$148,915,253
-4%
Fundraising
$0
$0
-
Total Expenses
$973,652,927
$962,967,183
-1%
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