ALBRIGHT COLLEGE
Income Statement
Fiscal Year Start:
Jun 1
Revenues in 2024
$61,687,498
Program Services
82%
Contributions
5%
Investments
5%
Other
4%
Government Grants
4%
Fundraising Events
<1%
Membership Dues
0%
Expenses in 2024
$84,379,091
Salaries & Benefits
34%
Grants
25%
Other
14%
Depreciation
9%
Offices, Occupancy & IT
8%
Fees to Service Providers
6%
Interest
3%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$3,744,418
$3,082,900
-18%
Government Grants
$4,324,864
$2,372,784
-45%
Fundraising Events
$98,350
$84,155
-14%
Program Services
$46,903,766
$50,573,565
+8%
Membership Dues
$0
$0
-
Investments
$1,705,323
$2,867,189
+68%
Other
$4,279,641
$2,706,905
-37%
Total Revenues
$61,056,362
$61,687,498
+1%
Expenses
2023
2024
Change
Grants
$19,886,569
$20,687,034
+4%
Benefits to Members
$0
$0
-
Salaries & Benefits
$27,797,027
$28,914,990
+4%
Fees to Service Providers
$4,796,555
$4,989,624
+4%
Advertising & Promotion
$771,032
$802,067
+4%
Offices, Occupancy & IT
$6,607,501
$6,873,464
+4%
Interest
$2,778,890
$2,890,745
+4%
Depreciation
$7,173,463
$7,462,206
+4%
Other
$11,303,958
$11,758,961
+4%
Total Expenses
$81,114,995
$84,379,091
+4%
Net income
2023
2024
Change
Net income
-$20,058,633
-$22,691,593
-13%
Functional Expenses
Summary
2023
2024
Change
Program
$66,191,855
$68,856,182
+4%
Admin
$13,140,907
$13,669,938
+4%
Fundraising
$1,782,233
$1,852,971
+4%
Total Expenses
$81,114,995
$84,379,091
+4%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)