DETROIT AREA AGENCY ON AGING
Income Statement
Fiscal Year Start:
Oct 1
Data visualization unavailable
Revenues in 2024
$105,011,307
Program Services
N/A
Government Grants
N/A
Investments
N/A
Contributions
N/A
Fundraising Events
N/A
Membership Dues
N/A
Expenses in 2024
$102,517,439
Fees to Service Providers
83%
Salaries & Benefits
13%
Offices, Occupancy & IT
2%
Grants
2%
Other
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$101,653
$80,681
-21%
Government Grants
$9,568,273
$10,715,538
+12%
Fundraising Events
$39,321
$79,731
+103%
Program Services
$75,580,973
$94,111,126
+25%
Membership Dues
$0
$0
-
Investments
$143,640
$118,834
-17%
Other
-$49,193
-$94,603
+92%
Total Revenues
$85,384,667
$105,011,307
+23%
Expenses
2023
2024
Change
Grants
$1,978,912
$1,673,724
-15%
Benefits to Members
$0
$0
-
Salaries & Benefits
$11,673,153
$12,899,663
+11%
Fees to Service Providers
$69,183,487
$85,160,163
+23%
Advertising & Promotion
$147,134
$196,294
+33%
Offices, Occupancy & IT
$1,750,847
$1,773,448
+1%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$1,050,613
$814,147
-23%
Total Expenses
$85,784,146
$102,517,439
+20%
Net income
2023
2024
Change
Net income
-$399,479
+$2,493,868
-724%
Functional Expenses
Summary
2023
2024
Change
Program
$84,378,507
$101,142,543
+20%
Admin
$1,405,639
$1,374,896
-2%
Fundraising
$0
$0
-
Total Expenses
$85,784,146
$102,517,439
+20%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)