DETROIT INSTITUTE FOR CHILDREN
Income Statement
Fiscal Year Start:
Sep 1
Revenues in 2024
$5,231,150
Program Services
89%
Contributions
10%
Investments
<1%
Other
<1%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$5,970,733
Salaries & Benefits
80%
Fees to Service Providers
14%
Other
5%
Offices, Occupancy & IT
1%
Depreciation
<1%
Interest
<1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$578,388
$527,799
-9%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$4,222,820
$4,655,182
+10%
Membership Dues
$0
$0
-
Investments
$38,556
$31,117
-19%
Other
-$59,731
$17,052
-129%
Total Revenues
$4,780,033
$5,231,150
+9%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$820,989
$4,771,472
+481%
Fees to Service Providers
$552,409
$831,603
+51%
Advertising & Promotion
$44,765
$0
-100%
Offices, Occupancy & IT
$159,404
$72,712
-54%
Interest
$3,602
$1,362
-62%
Depreciation
$5,011
$6,614
+32%
Other
$3,603,596
$286,970
-92%
Total Expenses
$5,189,776
$5,970,733
+15%
Net income
2023
2024
Change
Net income
-$409,743
-$739,583
-80%
Functional Expenses
Summary
2023
2024
Change
Program
$4,454,268
$5,239,758
+18%
Admin
$489,380
$332,745
-32%
Fundraising
$246,128
$398,230
+62%
Total Expenses
$5,189,776
$5,970,733
+15%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)