THE WATER INSTITUTE OF THE GULF
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$17,473,902
Government Grants
94%
Program Services
3%
Contributions
3%
Other
<1%
Investments
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$16,679,202
Salaries & Benefits
69%
Fees to Service Providers
20%
Other
7%
Offices, Occupancy & IT
3%
Depreciation
<1%
Interest
<1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$468,016
$468,403
+0%
Government Grants
$16,066,508
$16,412,666
+2%
Fundraising Events
$0
$0
-
Program Services
$538,458
$566,145
+5%
Membership Dues
$0
$0
-
Investments
$375
$612
+63%
Other
$26,803
$26,076
-3%
Total Revenues
$17,100,160
$17,473,902
+2%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$10,532,284
$11,507,043
+9%
Fees to Service Providers
$5,038,594
$3,403,812
-32%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$449,229
$434,344
-3%
Interest
$15,656
$9,863
-37%
Depreciation
$100,826
$93,797
-7%
Other
$1,003,942
$1,230,343
+23%
Total Expenses
$17,140,531
$16,679,202
-3%
Net income
2023
2024
Change
Net income
-$40,371
+$794,700
-2068%
Functional Expenses
Summary
2023
2024
Change
Program
$13,415,268
$12,637,600
-6%
Admin
$3,725,263
$4,041,602
+8%
Fundraising
$0
$0
-
Total Expenses
$17,140,531
$16,679,202
-3%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)