AVALON NONPROFIT HOUSING CORPORATION
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$12,039,827
Government Grants
48%
Program Services
40%
Contributions
10%
Fundraising Events
1%
Investments
<1%
Other
<1%
Membership Dues
0%
Expenses in 2024
$11,189,490
Salaries & Benefits
62%
Other
13%
Offices, Occupancy & IT
10%
Fees to Service Providers
10%
Depreciation
4%
Interest
<1%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$953,249
$1,151,567
+21%
Government Grants
$4,903,360
$5,800,671
+18%
Fundraising Events
$132,025
$151,052
+14%
Program Services
$3,527,575
$4,837,840
+37%
Membership Dues
$0
$0
-
Investments
$127,665
$98,504
-23%
Other
$894
$193
-78%
Total Revenues
$9,644,768
$12,039,827
+25%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$5,947,642
$6,977,616
+17%
Fees to Service Providers
$999,388
$1,085,414
+9%
Advertising & Promotion
$12,431
$9,869
-21%
Offices, Occupancy & IT
$1,059,105
$1,157,896
+9%
Interest
$30,580
$53,531
+75%
Depreciation
$370,499
$401,699
+8%
Other
$1,591,224
$1,503,465
-6%
Total Expenses
$10,010,869
$11,189,490
+12%
Net income
2023
2024
Change
Net income
-$366,101
+$850,337
-332%
Functional Expenses
Summary
2023
2024
Change
Program
$8,846,218
$9,901,558
+12%
Admin
$1,010,232
$1,042,515
+3%
Fundraising
$154,419
$245,417
+59%
Total Expenses
$10,010,869
$11,189,490
+12%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)