Holland Christian Education Society
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2024
$24,677,724
Program Services
70%
Contributions
18%
Other
5%
Government Grants
5%
Investments
1%
Fundraising Events
1%
Membership Dues
0%
Expenses in 2024
$25,939,801
Salaries & Benefits
56%
Depreciation
14%
Other
12%
Offices, Occupancy & IT
8%
Grants
8%
Fees to Service Providers
2%
Advertising & Promotion
<1%
Interest
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$6,436,082
$4,322,581
-33%
Government Grants
$1,347,901
$1,169,233
-13%
Fundraising Events
$422,933
$333,349
-21%
Program Services
$15,326,703
$17,264,499
+13%
Membership Dues
$0
$0
-
Investments
$233,535
$334,104
+43%
Other
$1,038,406
$1,253,958
+21%
Total Revenues
$24,805,560
$24,677,724
-1%
Expenses
2023
2024
Change
Grants
$1,962,166
$1,998,725
+2%
Benefits to Members
$0
$0
-
Salaries & Benefits
$13,843,512
$14,552,393
+5%
Fees to Service Providers
$114,957
$499,918
+335%
Advertising & Promotion
$78,166
$101,595
+30%
Offices, Occupancy & IT
$1,494,864
$2,036,560
+36%
Interest
$22,563
$25,116
+11%
Depreciation
$3,408,620
$3,544,369
+4%
Other
$3,296,572
$3,181,125
-4%
Total Expenses
$24,221,420
$25,939,801
+7%
Net income
2023
2024
Change
Net income
+$584,140
-$1,262,077
-316%
Functional Expenses
Summary
2023
2024
Change
Program
$20,546,093
$22,408,783
+9%
Admin
$3,543,620
$3,159,704
-11%
Fundraising
$131,707
$371,314
+182%
Total Expenses
$24,221,420
$25,939,801
+7%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)