SARATOGA ECONOMIC DEVELOPMENT CORPORATION

SARATOGA ECONOMIC DEVELOPMENT CORPORATION

Saratoga Springs, NY, US
501(c)3
EIN
14-1605957

SARATOGA ECONOMIC DEVELOPMENT CORPORATION

Saratoga Springs, NY, US
501(c)3
EIN
14-1605957

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$599,325

Program Services
55%
Membership Dues
28%
Other
10%
Contributions
5%
Investments
2%
Government Grants
0%
Fundraising Events
0%
Expenses in 2024

$858,494

Salaries & Benefits
59%
Other
15%
Advertising & Promotion
14%
Offices, Occupancy & IT
8%
Fees to Service Providers
3%
Depreciation
<1%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$2,750
$29,585
+976%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$604,076
$326,983
-46%
Membership Dues
$280,927
$168,782
-40%
Investments
$4,566
$13,420
+194%
Other
$73,462
$60,555
-18%
Total Revenues
$965,781
$599,325
-38%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$434,000
$507,437
+17%
Fees to Service Providers
$40,377
$25,755
-36%
Advertising & Promotion
$101,120
$118,319
+17%
Offices, Occupancy & IT
$58,843
$69,812
+19%
Interest
$0
$0
-
Depreciation
$1,504
$4,216
+180%
Other
$98,847
$132,955
+35%
Total Expenses
$734,691
$858,494
+17%
Net income
2023
2024
Change
Net income
+$231,090
-$259,169
-212%
Functional Expenses
Summary
2023
2024
Change
Program
$463,457
$553,356
+19%
Admin
$271,234
$305,138
+12%
Fundraising
$0
$0
-
Total Expenses
$734,691
$858,494
+17%
Income Statement
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)