CHICAGO HOPE ACADEMY
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2024
$8,620,601
Contributions
67%
Program Services
15%
Other
13%
Investments
5%
Fundraising Events
<1%
Government Grants
0%
Membership Dues
0%
Expenses in 2024
$7,403,344
Salaries & Benefits
54%
Other
22%
Depreciation
10%
Offices, Occupancy & IT
6%
Interest
4%
Fees to Service Providers
3%
Grants
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$4,318,955
$5,777,032
+34%
Government Grants
$0
$0
-
Fundraising Events
$0
$79,956
-
Program Services
$1,961,247
$1,282,222
-35%
Membership Dues
$0
$0
-
Investments
$1,422,074
$391,638
-72%
Other
$2,003,342
$1,089,753
-46%
Total Revenues
$9,705,618
$8,620,601
-11%
Expenses
2023
2024
Change
Grants
$0
$50,500
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$3,533,065
$3,986,469
+13%
Fees to Service Providers
$457,893
$228,228
-50%
Advertising & Promotion
$27,766
$19,481
-30%
Offices, Occupancy & IT
$333,864
$426,608
+28%
Interest
$263,034
$263,848
+0%
Depreciation
$775,224
$766,419
-1%
Other
$1,328,782
$1,661,791
+25%
Total Expenses
$6,719,628
$7,403,344
+10%
Net income
2023
2024
Change
Net income
+$2,985,990
+$1,217,257
-59%
Functional Expenses
Summary
2023
2024
Change
Program
$4,523,120
$5,654,646
+25%
Admin
$1,637,262
$1,126,890
-31%
Fundraising
$559,246
$621,808
+11%
Total Expenses
$6,719,628
$7,403,344
+10%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)