HMONG AMERICAN PARTNERSHIP
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$17,966,696
Program Services
37%
Government Grants
31%
Contributions
21%
Other
8%
Investments
2%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$14,508,244
Salaries & Benefits
51%
Fees to Service Providers
18%
Other
14%
Offices, Occupancy & IT
9%
Depreciation
4%
Interest
3%
Grants
2%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$210,728
$3,852,958
+1728%
Government Grants
$11,292,538
$5,567,263
-51%
Fundraising Events
$0
$0
-
Program Services
$7,745,087
$6,720,415
-13%
Membership Dues
$0
$0
-
Investments
$246,133
$356,208
+45%
Other
$134,337
$1,469,852
+994%
Total Revenues
$19,628,823
$17,966,696
-8%
Expenses
2023
2024
Change
Grants
$201,017
$317,963
+58%
Benefits to Members
$0
$0
-
Salaries & Benefits
$6,494,122
$7,334,357
+13%
Fees to Service Providers
$0
$2,603,475
-
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$1,552,951
$1,274,906
-18%
Interest
$441,284
$365,545
-17%
Depreciation
$733,554
$618,625
-16%
Other
$4,096,408
$1,993,373
-51%
Total Expenses
$13,519,336
$14,508,244
+7%
Net income
2023
2024
Change
Net income
+$6,109,487
+$3,458,452
-43%
Functional Expenses
Summary
2023
2024
Change
Program
$10,919,403
$10,970,710
+0%
Admin
$2,295,895
$3,125,753
+36%
Fundraising
$304,038
$411,781
+35%
Total Expenses
$13,519,336
$14,508,244
+7%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)