THE ELLINGTON FUND
Income Statement
Fiscal Year Start:
Oct 1
Revenues in 2024
$1,563,488
Investments
55%
Government Grants
17%
Contributions
14%
Other
13%
Program Services
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$2,167,456
Grants
77%
Fees to Service Providers
17%
Interest
3%
Other
2%
Offices, Occupancy & IT
<1%
Benefits to Members
0%
Salaries & Benefits
0%
Advertising & Promotion
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$1,297,312
$225,223
-83%
Government Grants
$313,452
$268,215
-14%
Fundraising Events
$0
$0
-
Program Services
$4,251
$260
-94%
Membership Dues
$0
$0
-
Investments
$914,099
$864,479
-5%
Other
$958,558
$205,311
-79%
Total Revenues
$3,487,672
$1,563,488
-55%
Expenses
2023
2024
Change
Grants
$1,889,274
$1,671,921
-12%
Benefits to Members
$0
$0
-
Salaries & Benefits
$68,110
$0
-100%
Fees to Service Providers
$338,443
$378,679
+12%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$20,581
$7,646
-63%
Interest
$65,080
$75,271
+16%
Depreciation
$0
$0
-
Other
$20,753
$33,939
+64%
Total Expenses
$2,402,241
$2,167,456
-10%
Net income
2023
2024
Change
Net income
+$1,085,431
-$603,968
-156%
Functional Expenses
Summary
2023
2024
Change
Program
$1,889,295
$1,671,921
-12%
Admin
$502,480
$486,327
-3%
Fundraising
$10,466
$9,208
-12%
Total Expenses
$2,402,241
$2,167,456
-10%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)