CHOICES HEALTHCARE
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$56,317,965
Program Services
80%
Contributions
12%
Investments
5%
Fundraising Events
2%
Other
2%
Government Grants
0%
Membership Dues
0%
Expenses in 2024
$58,347,544
Salaries & Benefits
77%
Fees to Service Providers
13%
Other
4%
Offices, Occupancy & IT
4%
Depreciation
1%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$4,586,388
$6,509,228
+42%
Government Grants
$0
$0
-
Fundraising Events
$1,084,431
$1,355,715
+25%
Program Services
$31,949,304
$44,914,459
+41%
Membership Dues
$0
$0
-
Investments
$2,065,463
$2,638,219
+28%
Other
$4,221,066
$900,344
-79%
Total Revenues
$43,906,652
$56,317,965
+28%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$30,116,613
$44,820,924
+49%
Fees to Service Providers
$5,198,940
$7,671,404
+48%
Advertising & Promotion
$101,343
$145,042
+43%
Offices, Occupancy & IT
$1,544,457
$2,422,460
+57%
Interest
$0
$0
-
Depreciation
$779,245
$837,363
+7%
Other
$1,634,208
$2,450,351
+50%
Total Expenses
$39,374,806
$58,347,544
+48%
Net income
2023
2024
Change
Net income
+$4,531,846
-$2,029,579
-145%
Functional Expenses
Summary
2023
2024
Change
Program
$34,458,137
$51,363,519
+49%
Admin
$3,832,326
$5,578,147
+46%
Fundraising
$1,084,343
$1,405,878
+30%
Total Expenses
$39,374,806
$58,347,544
+48%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)