Thurgood Marshall College Fund
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$88,255,911
Contributions
96%
Investments
2%
Program Services
1%
Other
1%
Membership Dues
<1%
Government Grants
0%
Fundraising Events
0%
Expenses in 2024
$65,707,834
Grants
38%
Other
25%
Salaries & Benefits
22%
Fees to Service Providers
8%
Offices, Occupancy & IT
5%
Advertising & Promotion
1%
Benefits to Members
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$75,267,302
$84,509,654
+12%
Government Grants
$413,485
$0
-100%
Fundraising Events
$602,575
$0
-100%
Program Services
$288,350
$1,248,350
+333%
Membership Dues
$58,750
$67,500
+15%
Investments
$1,470,915
$1,534,967
+4%
Other
-$261,251
$895,440
-443%
Total Revenues
$77,840,126
$88,255,911
+13%
Expenses
2023
2024
Change
Grants
$35,393,493
$25,231,004
-29%
Benefits to Members
$0
$0
-
Salaries & Benefits
$13,610,260
$14,774,982
+9%
Fees to Service Providers
$5,534,946
$4,973,901
-10%
Advertising & Promotion
$418,782
$795,450
+90%
Offices, Occupancy & IT
$2,783,269
$3,487,017
+25%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$13,310,379
$16,445,480
+24%
Total Expenses
$71,051,129
$65,707,834
-8%
Net income
2023
2024
Change
Net income
+$6,788,997
+$22,548,077
+232%
Functional Expenses
Summary
2023
2024
Change
Program
$57,100,054
$54,173,674
-5%
Admin
$11,019,823
$8,939,836
-19%
Fundraising
$2,931,252
$2,594,324
-11%
Total Expenses
$71,051,129
$65,707,834
-8%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)