The Grace Institute
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$708,306
Contributions
>99%
Investments
<1%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$620,627
Grants
49%
Salaries & Benefits
32%
Other
15%
Fees to Service Providers
2%
Offices, Occupancy & IT
1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$581,949
$704,235
+21%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$4,241
$4,071
-4%
Other
$0
$0
-
Total Revenues
$586,190
$708,306
+21%
Expenses
2023
2024
Change
Grants
$280,101
$306,958
+10%
Benefits to Members
$0
$0
-
Salaries & Benefits
$197,994
$201,356
+2%
Fees to Service Providers
$10,330
$11,100
+7%
Advertising & Promotion
$206
$0
-100%
Offices, Occupancy & IT
$6,625
$8,671
+31%
Interest
$0
$0
-
Depreciation
$262
$0
-100%
Other
$52,901
$92,542
+75%
Total Expenses
$548,419
$620,627
+13%
Net income
2023
2024
Change
Net income
+$37,771
+$87,679
+132%
Functional Expenses
Summary
2023
2024
Change
Program
$481,296
$569,890
+18%
Admin
$31,054
$30,273
-3%
Fundraising
$36,069
$20,464
-43%
Total Expenses
$548,419
$620,627
+13%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)