TOLEDO SOCIETY FOR THE BLIND INC

Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$1,570,703
Contributions
52%
Program Services
27%
Other
17%
Investments
4%
Fundraising Events
<1%
Government Grants
0%
Membership Dues
0%
Expenses in 2024
$1,297,860
Salaries & Benefits
67%
Advertising & Promotion
11%
Other
9%
Fees to Service Providers
5%
Depreciation
5%
Offices, Occupancy & IT
4%
Interest
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$539,348
$814,211
+51%
Government Grants
$0
$0
-
Fundraising Events
$20,147
$14,478
-28%
Program Services
$341,662
$425,505
+25%
Membership Dues
$0
$0
-
Investments
$32,104
$56,968
+77%
Other
$189,617
$259,541
+37%
Total Revenues
$1,122,878
$1,570,703
+40%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$836,434
$869,991
+4%
Fees to Service Providers
$70,140
$66,016
-6%
Advertising & Promotion
$135,024
$138,300
+2%
Offices, Occupancy & IT
$51,462
$49,108
-5%
Interest
$2,359
$553
-77%
Depreciation
$62,775
$60,660
-3%
Other
$112,426
$113,232
+1%
Total Expenses
$1,270,620
$1,297,860
+2%
Net income
2023
2024
Change
Net income
-$147,742
+$272,843
-285%
Functional Expenses
Summary
2023
2024
Change
Program
$717,229
$798,379
+11%
Admin
$443,139
$408,941
-8%
Fundraising
$110,252
$90,540
-18%
Total Expenses
$1,270,620
$1,297,860
+2%
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