HOUGHTON COLLEGE
Income Statement
Fiscal Year Start:
Jun 1
Revenues in 2024
$32,138,426
Program Services
67%
Contributions
16%
Other
9%
Investments
7%
Government Grants
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$35,655,826
Salaries & Benefits
43%
Other
20%
Grants
10%
Depreciation
9%
Offices, Occupancy & IT
8%
Fees to Service Providers
7%
Interest
3%
Advertising & Promotion
1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$5,635,546
$4,990,854
-11%
Government Grants
$4,523,586
$268,660
-94%
Fundraising Events
$0
$0
-
Program Services
$19,775,824
$21,639,778
+9%
Membership Dues
$0
$0
-
Investments
$2,203,424
$2,371,401
+8%
Other
$2,148,469
$2,867,733
+33%
Total Revenues
$34,286,849
$32,138,426
-6%
Expenses
2023
2024
Change
Grants
$2,417,809
$3,533,190
+46%
Benefits to Members
$0
$0
-
Salaries & Benefits
$14,966,667
$15,202,850
+2%
Fees to Service Providers
$4,252,237
$2,342,907
-45%
Advertising & Promotion
$508,554
$505,830
-1%
Offices, Occupancy & IT
$3,246,922
$2,765,403
-15%
Interest
$1,054,081
$1,034,039
-2%
Depreciation
$3,112,941
$3,041,825
-2%
Other
$4,564,358
$7,229,782
+58%
Total Expenses
$34,123,569
$35,655,826
+4%
Net income
2023
2024
Change
Net income
+$163,280
-$3,517,400
-2254%
Functional Expenses
Summary
2023
2024
Change
Program
$28,928,161
$30,291,185
+5%
Admin
$4,169,494
$4,303,766
+3%
Fundraising
$1,025,914
$1,060,875
+3%
Total Expenses
$34,123,569
$35,655,826
+4%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)