PHILADELPHIA UNIVERSITY
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2024
$173,300,706
Program Services
97%
Contributions
2%
Government Grants
<1%
Other
<1%
Investments
<1%
Fundraising Events
<1%
Membership Dues
0%
Expenses in 2024
$182,408,458
Grants
42%
Salaries & Benefits
32%
Fees to Service Providers
8%
Other
7%
Offices, Occupancy & IT
4%
Depreciation
4%
Interest
2%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$2,095,443
$3,192,668
+52%
Government Grants
$1,026,644
$1,051,785
+2%
Fundraising Events
$91,635
$95,424
+4%
Program Services
$159,387,362
$167,523,618
+5%
Membership Dues
$0
$0
-
Investments
$19,548
$563,604
+2783%
Other
$921,088
$873,607
-5%
Total Revenues
$163,541,720
$173,300,706
+6%
Expenses
2023
2024
Change
Grants
$72,746,918
$76,278,262
+5%
Benefits to Members
$0
$0
-
Salaries & Benefits
$56,673,692
$59,225,961
+5%
Fees to Service Providers
$13,007,907
$14,374,550
+11%
Advertising & Promotion
$741,659
$830,783
+12%
Offices, Occupancy & IT
$7,545,345
$7,591,151
+1%
Interest
$3,496,865
$3,669,708
+5%
Depreciation
$7,974,900
$7,334,584
-8%
Other
$11,337,971
$13,103,459
+16%
Total Expenses
$173,525,257
$182,408,458
+5%
Net income
2023
2024
Change
Net income
-$9,983,537
-$9,107,752
+9%
Functional Expenses
Summary
2023
2024
Change
Program
$159,372,299
$163,610,678
+3%
Admin
$13,872,786
$18,444,508
+33%
Fundraising
$280,172
$353,272
+26%
Total Expenses
$173,525,257
$182,408,458
+5%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)