Grandville Calvin Christian Schools
Income Statement
Fiscal Year Start:
Aug 1
Revenues in 2025
$10,982,792
Program Services
68%
Contributions
16%
Other
10%
Investments
5%
Fundraising Events
<1%
Government Grants
0%
Membership Dues
0%
Expenses in 2025
$9,676,014
Salaries & Benefits
74%
Other
13%
Offices, Occupancy & IT
8%
Depreciation
4%
Fees to Service Providers
<1%
Advertising & Promotion
<1%
Grants
<1%
Benefits to Members
0%
Interest
0%
Revenues
2024
2025
Change
Contributions
$7,305,583
$1,789,503
-76%
Government Grants
$389,997
$0
-100%
Fundraising Events
$9,106
$40,591
+346%
Program Services
$7,681,458
$7,505,781
-2%
Membership Dues
$0
$0
-
Investments
$393,785
$567,839
+44%
Other
$837,629
$1,079,078
+29%
Total Revenues
$16,617,558
$10,982,792
-34%
Expenses
2024
2025
Change
Grants
$11,200
$9,700
-13%
Benefits to Members
$0
$0
-
Salaries & Benefits
$7,150,993
$7,125,005
0%
Fees to Service Providers
$99,039
$93,819
-5%
Advertising & Promotion
$104,368
$59,338
-43%
Offices, Occupancy & IT
$785,593
$745,092
-5%
Interest
$0
$0
-
Depreciation
$297,618
$413,319
+39%
Other
$1,174,984
$1,229,741
+5%
Total Expenses
$9,623,795
$9,676,014
+1%
Net income
2024
2025
Change
Net income
+$6,993,763
+$1,306,778
-81%
Functional Expenses
Summary
2024
2025
Change
Program
$8,170,757
$8,287,108
+1%
Admin
$1,137,800
$1,112,739
-2%
Fundraising
$315,238
$276,167
-12%
Total Expenses
$9,623,795
$9,676,014
+1%
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