HEADWATERS CHARITABLE TRUST
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$774,575
Contributions
68%
Government Grants
30%
Other
2%
Investments
<1%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$443,107
Other
85%
Salaries & Benefits
8%
Interest
4%
Offices, Occupancy & IT
2%
Fees to Service Providers
<1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$357,000
$526,558
+47%
Government Grants
$409,281
$231,179
-44%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$1,197
$2,841
+137%
Other
$12,471
$13,997
+12%
Total Revenues
$779,949
$774,575
-1%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$50,745
$34,560
-32%
Fees to Service Providers
$9,879
$708
-93%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$7,632
$10,544
+38%
Interest
$0
$18,691
-
Depreciation
$0
$0
-
Other
$957,508
$378,604
-60%
Total Expenses
$1,025,764
$443,107
-57%
Net income
2023
2024
Change
Net income
-$245,815
+$331,468
-235%
Functional Expenses
Summary
2023
2024
Change
Program
$992,565
$380,913
-62%
Admin
$33,049
$57,691
+75%
Fundraising
$150
$4,503
+2902%
Total Expenses
$1,025,764
$443,107
-57%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)