WORKFORCE RESOURCE INC
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2024
$10,806,342
Government Grants
98%
Contributions
2%
Program Services
<1%
Investments
<1%
Other
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$10,912,727
Salaries & Benefits
58%
Grants
27%
Offices, Occupancy & IT
6%
Fees to Service Providers
5%
Other
3%
Depreciation
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$133,413
$175,380
+31%
Government Grants
$8,553,072
$10,597,744
+24%
Fundraising Events
$0
$0
-
Program Services
$59,234
$16,531
-72%
Membership Dues
$0
$0
-
Investments
$10,486
$8,456
-19%
Other
$13,404
$8,231
-39%
Total Revenues
$8,769,609
$10,806,342
+23%
Expenses
2023
2024
Change
Grants
$1,908,558
$2,964,674
+55%
Benefits to Members
$0
$0
-
Salaries & Benefits
$5,662,887
$6,379,219
+13%
Fees to Service Providers
$617,273
$574,340
-7%
Advertising & Promotion
$3,725
$669
-82%
Offices, Occupancy & IT
$599,258
$633,587
+6%
Interest
$0
$0
-
Depreciation
$46,037
$50,524
+10%
Other
$470,270
$309,714
-34%
Total Expenses
$9,308,008
$10,912,727
+17%
Net income
2023
2024
Change
Net income
-$538,399
-$106,385
+80%
Functional Expenses
Summary
2023
2024
Change
Program
$8,235,950
$9,937,393
+21%
Admin
$972,756
$869,691
-11%
Fundraising
$99,302
$105,643
+6%
Total Expenses
$9,308,008
$10,912,727
+17%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)