THE UNITED WAY OF CENTRAL MARYLAND INC
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2024
$31,580,527
Contributions
57%
Government Grants
33%
Other
5%
Investments
2%
Program Services
2%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$39,178,556
Salaries & Benefits
51%
Other
24%
Grants
11%
Fees to Service Providers
6%
Offices, Occupancy & IT
5%
Depreciation
1%
Advertising & Promotion
<1%
Interest
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$20,495,925
$18,144,600
-11%
Government Grants
$42,042,774
$10,545,686
-75%
Fundraising Events
$0
$0
-
Program Services
$275,180
$568,615
+107%
Membership Dues
$0
$0
-
Investments
$490,302
$672,735
+37%
Other
$581,917
$1,648,891
+183%
Total Revenues
$63,886,098
$31,580,527
-51%
Expenses
2023
2024
Change
Grants
$2,538,435
$4,191,143
+65%
Benefits to Members
$0
$0
-
Salaries & Benefits
$17,945,852
$20,110,580
+12%
Fees to Service Providers
$1,773,480
$2,427,616
+37%
Advertising & Promotion
$250,105
$284,071
+14%
Offices, Occupancy & IT
$1,772,651
$1,922,093
+8%
Interest
$0
$111,123
-
Depreciation
$542,054
$545,974
+1%
Other
$41,135,754
$9,585,956
-77%
Total Expenses
$65,958,331
$39,178,556
-41%
Net income
2023
2024
Change
Net income
-$2,072,233
-$7,598,029
-267%
Functional Expenses
Summary
2023
2024
Change
Program
$58,868,474
$31,367,222
-47%
Admin
$2,587,907
$2,968,913
+15%
Fundraising
$4,501,950
$4,842,421
+8%
Total Expenses
$65,958,331
$39,178,556
-41%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)