The American College
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$38,659,573
Program Services
77%
Contributions
12%
Other
4%
Investments
3%
Fundraising Events
3%
Government Grants
0%
Membership Dues
0%
Expenses in 2024
$44,554,114
Salaries & Benefits
64%
Other
13%
Fees to Service Providers
8%
Offices, Occupancy & IT
5%
Depreciation
4%
Advertising & Promotion
3%
Grants
3%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$3,381,123
$4,810,732
+42%
Government Grants
$0
$0
-
Fundraising Events
$860,000
$1,327,000
+54%
Program Services
$29,390,270
$29,656,599
+1%
Membership Dues
$0
$0
-
Investments
$1,044,621
$1,337,000
+28%
Other
$1,756,419
$1,528,242
-13%
Total Revenues
$36,432,433
$38,659,573
+6%
Expenses
2023
2024
Change
Grants
$2,069,228
$1,116,696
-46%
Benefits to Members
$0
$0
-
Salaries & Benefits
$28,941,137
$28,454,632
-2%
Fees to Service Providers
$4,476,275
$3,582,957
-20%
Advertising & Promotion
$1,132,985
$1,157,239
+2%
Offices, Occupancy & IT
$2,540,102
$2,375,639
-6%
Interest
$0
$0
-
Depreciation
$1,782,143
$1,902,049
+7%
Other
$5,650,238
$5,964,902
+6%
Total Expenses
$46,592,108
$44,554,114
-4%
Net income
2023
2024
Change
Net income
-$10,159,675
-$5,894,541
+42%
Functional Expenses
Summary
2023
2024
Change
Program
$35,004,788
$33,055,139
-6%
Admin
$9,284,028
$8,807,019
-5%
Fundraising
$2,303,292
$2,691,956
+17%
Total Expenses
$46,592,108
$44,554,114
-4%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)