BETHANY LUTHERAN COLLEGE INC
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2024
$37,072,690
Program Services
73%
Contributions
20%
Other
4%
Investments
2%
Government Grants
1%
Fundraising Events
<1%
Membership Dues
0%
Expenses in 2024
$36,027,334
Salaries & Benefits
35%
Grants
30%
Offices, Occupancy & IT
10%
Depreciation
8%
Other
8%
Fees to Service Providers
7%
Interest
2%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$7,292,253
$7,384,148
+1%
Government Grants
$1,125,870
$507,728
-55%
Fundraising Events
$8,444
$97,861
+1059%
Program Services
$24,455,912
$26,910,977
+10%
Membership Dues
$0
$0
-
Investments
$870,642
$704,237
-19%
Other
$118,650
$1,467,739
+1137%
Total Revenues
$33,871,771
$37,072,690
+9%
Expenses
2023
2024
Change
Grants
$10,260,385
$10,786,036
+5%
Benefits to Members
$0
$0
-
Salaries & Benefits
$12,417,914
$12,666,304
+2%
Fees to Service Providers
$1,401,668
$2,361,736
+68%
Advertising & Promotion
$150,875
$143,939
-5%
Offices, Occupancy & IT
$1,708,415
$3,552,723
+108%
Interest
$450,094
$625,387
+39%
Depreciation
$2,278,772
$2,955,260
+30%
Other
$4,525,008
$2,935,949
-35%
Total Expenses
$33,193,131
$36,027,334
+9%
Net income
2023
2024
Change
Net income
+$678,640
+$1,045,356
+54%
Functional Expenses
Summary
2023
2024
Change
Program
$29,695,996
$31,941,761
+8%
Admin
$2,513,822
$3,057,633
+22%
Fundraising
$983,313
$1,027,940
+5%
Total Expenses
$33,193,131
$36,027,334
+9%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)