SALISBURY UNIVERSITY FOUNDATION INC
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2025
$14,715,504
Contributions
80%
Investments
17%
Other
2%
Program Services
1%
Fundraising Events
<1%
Government Grants
0%
Membership Dues
0%
Expenses in 2025
$7,428,597
Grants
49%
Other
34%
Salaries & Benefits
13%
Fees to Service Providers
3%
Interest
2%
Depreciation
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Offices, Occupancy & IT
0%
Revenues
2024
2025
Change
Contributions
$5,342,204
$11,767,900
+120%
Government Grants
$0
$0
-
Fundraising Events
$22,079
$33,091
+50%
Program Services
$218,425
$209,433
-4%
Membership Dues
$0
$0
-
Investments
$2,309,357
$2,439,797
+6%
Other
$445,973
$265,283
-41%
Total Revenues
$8,338,038
$14,715,504
+76%
Expenses
2024
2025
Change
Grants
$3,023,574
$3,603,442
+19%
Benefits to Members
$0
$0
-
Salaries & Benefits
$937,024
$970,890
+4%
Fees to Service Providers
$180,499
$189,888
+5%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$0
$0
-
Interest
$130,570
$117,713
-10%
Depreciation
$9,086
$11,522
+27%
Other
$1,961,098
$2,535,142
+29%
Total Expenses
$6,241,851
$7,428,597
+19%
Net income
2024
2025
Change
Net income
+$2,096,187
+$7,286,907
+248%
Functional Expenses
Summary
2024
2025
Change
Program
$4,841,602
$5,676,189
+17%
Admin
$1,060,178
$1,132,659
+7%
Fundraising
$340,071
$619,749
+82%
Total Expenses
$6,241,851
$7,428,597
+19%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)