AMERICAN FEDERATION FOR AGING RESEARCH INC
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$15,855,058
Contributions
79%
Government Grants
12%
Investments
8%
Other
<1%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$17,690,407
Grants
73%
Salaries & Benefits
14%
Other
5%
Fees to Service Providers
4%
Offices, Occupancy & IT
3%
Advertising & Promotion
<1%
Depreciation
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$20,790,394
$12,490,404
-40%
Government Grants
$1,341,817
$1,910,335
+42%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$688,934
$1,296,400
+88%
Other
$8,190
$157,919
+1828%
Total Revenues
$22,829,335
$15,855,058
-31%
Expenses
2023
2024
Change
Grants
$13,161,657
$12,882,750
-2%
Benefits to Members
$0
$0
-
Salaries & Benefits
$2,130,596
$2,546,169
+20%
Fees to Service Providers
$818,317
$757,961
-7%
Advertising & Promotion
$149,295
$160,520
+8%
Offices, Occupancy & IT
$489,455
$452,978
-7%
Interest
$0
$0
-
Depreciation
$7,208
$6,341
-12%
Other
$751,274
$883,688
+18%
Total Expenses
$17,507,802
$17,690,407
+1%
Net income
2023
2024
Change
Net income
+$5,321,533
-$1,835,349
-134%
Functional Expenses
Summary
2023
2024
Change
Program
$16,552,718
$16,395,731
-1%
Admin
$755,575
$721,289
-5%
Fundraising
$199,509
$573,387
+187%
Total Expenses
$17,507,802
$17,690,407
+1%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)