THIRD OPTION FOUNDATION
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$12,799,102
Contributions
92%
Investments
6%
Other
1%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$6,645,921
Grants
53%
Salaries & Benefits
21%
Other
14%
Fees to Service Providers
9%
Offices, Occupancy & IT
2%
Depreciation
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$8,072,975
$11,776,979
+46%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$282,519
$831,707
+194%
Other
$762,075
$190,416
-75%
Total Revenues
$9,117,569
$12,799,102
+40%
Expenses
2023
2024
Change
Grants
$3,587,429
$3,552,890
-1%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,304,822
$1,396,278
+7%
Fees to Service Providers
$530,993
$597,191
+12%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$162,215
$153,139
-6%
Interest
$0
$0
-
Depreciation
$6,506
$5,517
-15%
Other
$825,477
$940,906
+14%
Total Expenses
$6,417,442
$6,645,921
+4%
Net income
2023
2024
Change
Net income
+$2,700,127
+$6,153,181
+128%
Functional Expenses
Summary
2023
2024
Change
Program
$5,062,835
$5,392,998
+7%
Admin
$944,436
$709,322
-25%
Fundraising
$410,171
$543,601
+33%
Total Expenses
$6,417,442
$6,645,921
+4%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)