MCLAREN NORTHERN MICHIGAN
Income Statement
Fiscal Year Start:
Oct 1
Revenues in 2024
$298,416,496
Program Services
98%
Other
2%
Investments
<1%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$297,613,858
Salaries & Benefits
41%
Other
28%
Fees to Service Providers
23%
Depreciation
6%
Interest
2%
Grants
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Offices, Occupancy & IT
0%
Revenues
2023
2024
Change
Contributions
$18,350
$0
-100%
Government Grants
$580,330
$0
-100%
Fundraising Events
$0
$0
-
Program Services
$254,721,562
$291,588,577
+14%
Membership Dues
$0
$0
-
Investments
$1,740,370
$1,925,018
+11%
Other
$14,546,657
$4,902,901
-66%
Total Revenues
$271,607,269
$298,416,496
+10%
Expenses
2023
2024
Change
Grants
$36,174
$256,536
+609%
Benefits to Members
$0
$0
-
Salaries & Benefits
$100,486,743
$122,057,822
+21%
Fees to Service Providers
$51,380,266
$68,943,069
+34%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$0
$0
-
Interest
$4,787,496
$5,850,811
+22%
Depreciation
$15,458,527
$16,668,603
+8%
Other
$76,676,626
$83,837,017
+9%
Total Expenses
$248,825,832
$297,613,858
+20%
Net income
2023
2024
Change
Net income
+$22,781,437
+$802,638
-96%
Functional Expenses
Summary
2023
2024
Change
Program
$174,283,539
$220,458,417
+26%
Admin
$74,542,293
$77,155,441
+4%
Fundraising
$0
$0
-
Total Expenses
$248,825,832
$297,613,858
+20%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)