LACKAWANNA COLLEGE
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2024
$40,295,881
Program Services
87%
Government Grants
5%
Contributions
4%
Other
3%
Investments
2%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$37,800,492
Salaries & Benefits
47%
Other
23%
Offices, Occupancy & IT
9%
Depreciation
8%
Grants
8%
Advertising & Promotion
2%
Interest
1%
Fees to Service Providers
1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$1,624,535
$1,499,506
-8%
Government Grants
$3,621,228
$1,989,733
-45%
Fundraising Events
$0
$0
-
Program Services
$33,463,206
$35,002,752
+5%
Membership Dues
$0
$0
-
Investments
$517,789
$698,101
+35%
Other
$196,214
$1,105,789
+464%
Total Revenues
$39,422,972
$40,295,881
+2%
Expenses
2023
2024
Change
Grants
$2,845,271
$2,996,091
+5%
Benefits to Members
$0
$0
-
Salaries & Benefits
$16,410,139
$17,688,619
+8%
Fees to Service Providers
$207,225
$460,251
+122%
Advertising & Promotion
$692,819
$829,233
+20%
Offices, Occupancy & IT
$3,445,164
$3,453,913
+0%
Interest
$573,293
$536,501
-6%
Depreciation
$2,662,858
$3,020,906
+13%
Other
$8,948,362
$8,814,978
-1%
Total Expenses
$35,785,131
$37,800,492
+6%
Net income
2023
2024
Change
Net income
+$3,637,841
+$2,495,389
-31%
Functional Expenses
Summary
2023
2024
Change
Program
$27,555,437
$28,562,250
+4%
Admin
$7,641,643
$8,504,823
+11%
Fundraising
$588,051
$733,419
+25%
Total Expenses
$35,785,131
$37,800,492
+6%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)