PALMER COLLEGE FOUNDATION
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2024
$93,649,505
Program Services
83%
Other
9%
Investments
5%
Government Grants
2%
Contributions
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$73,471,128
Salaries & Benefits
46%
Offices, Occupancy & IT
16%
Fees to Service Providers
12%
Depreciation
10%
Other
8%
Grants
5%
Advertising & Promotion
2%
Interest
2%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$10,217,101
$866,328
-92%
Government Grants
$2,458,229
$2,032,487
-17%
Fundraising Events
$0
$0
-
Program Services
$71,247,610
$77,873,586
+9%
Membership Dues
$0
$0
-
Investments
$2,346,514
$4,214,751
+80%
Other
$4,167,474
$8,662,353
+108%
Total Revenues
$90,436,928
$93,649,505
+4%
Expenses
2023
2024
Change
Grants
$2,968,966
$3,397,403
+14%
Benefits to Members
$0
$0
-
Salaries & Benefits
$34,600,136
$33,980,865
-2%
Fees to Service Providers
$7,220,543
$8,981,859
+24%
Advertising & Promotion
$917,158
$1,547,616
+69%
Offices, Occupancy & IT
$10,920,496
$11,620,542
+6%
Interest
$973,381
$1,103,401
+13%
Depreciation
$6,715,468
$7,008,656
+4%
Other
$5,906,065
$5,830,786
-1%
Total Expenses
$70,222,213
$73,471,128
+5%
Net income
2023
2024
Change
Net income
+$20,214,715
+$20,178,377
0%
Functional Expenses
Summary
2023
2024
Change
Program
$52,435,413
$53,434,041
+2%
Admin
$17,577,886
$19,719,925
+12%
Fundraising
$208,914
$317,162
+52%
Total Expenses
$70,222,213
$73,471,128
+5%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)