LIBERTY CLASSICAL ACADEMY
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2025
$9,754,165
Program Services
64%
Contributions
34%
Fundraising Events
1%
Investments
<1%
Other
<1%
Government Grants
0%
Membership Dues
0%
Expenses in 2025
$7,329,691
Salaries & Benefits
60%
Grants
16%
Other
10%
Offices, Occupancy & IT
8%
Depreciation
4%
Advertising & Promotion
2%
Fees to Service Providers
2%
Benefits to Members
0%
Interest
0%
Revenues
2024
2025
Change
Contributions
$8,197,461
$3,341,577
-59%
Government Grants
$0
$0
-
Fundraising Events
$160,057
$134,109
-16%
Program Services
$6,177,032
$6,211,120
+1%
Membership Dues
$0
$0
-
Investments
$61,062
$65,472
+7%
Other
$74,213
$1,887
-97%
Total Revenues
$14,669,825
$9,754,165
-34%
Expenses
2024
2025
Change
Grants
$1,063,714
$1,155,956
+9%
Benefits to Members
$0
$0
-
Salaries & Benefits
$4,543,880
$4,377,195
-4%
Fees to Service Providers
$101,624
$114,474
+13%
Advertising & Promotion
$198,771
$143,114
-28%
Offices, Occupancy & IT
$428,773
$556,945
+30%
Interest
$0
$0
-
Depreciation
$218,973
$278,513
+27%
Other
$617,723
$703,494
+14%
Total Expenses
$7,173,458
$7,329,691
+2%
Net income
2024
2025
Change
Net income
+$7,496,367
+$2,424,474
-68%
Functional Expenses
Summary
2024
2025
Change
Program
$5,689,515
$5,707,448
+0%
Admin
$1,200,288
$1,359,268
+13%
Fundraising
$283,655
$262,975
-7%
Total Expenses
$7,173,458
$7,329,691
+2%
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