AMERICAN FARMLAND TRUST
Income Statement
Fiscal Year Start:
Oct 1
Revenues in 2024
$52,095,962
Contributions
46%
Government Grants
40%
Other
8%
Membership Dues
4%
Investments
2%
Program Services
<1%
Fundraising Events
0%
Expenses in 2024
$44,093,608
Salaries & Benefits
58%
Grants
13%
Other
10%
Fees to Service Providers
9%
Offices, Occupancy & IT
6%
Interest
2%
Advertising & Promotion
1%
Depreciation
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$20,823,801
$24,057,750
+16%
Government Grants
$10,669,076
$20,660,819
+94%
Fundraising Events
$0
$0
-
Program Services
$9,324
$6,584
-29%
Membership Dues
$2,266,375
$2,262,894
0%
Investments
$924,255
$814,415
-12%
Other
$237,933
$4,293,500
+1704%
Total Revenues
$34,930,764
$52,095,962
+49%
Expenses
2023
2024
Change
Grants
$2,687,116
$5,576,867
+108%
Benefits to Members
$0
$0
-
Salaries & Benefits
$19,504,434
$25,702,006
+32%
Fees to Service Providers
$2,611,681
$4,126,927
+58%
Advertising & Promotion
$622,079
$561,320
-10%
Offices, Occupancy & IT
$3,170,728
$2,682,665
-15%
Interest
$613,922
$731,437
+19%
Depreciation
$220,581
$208,977
-5%
Other
$3,822,114
$4,503,409
+18%
Total Expenses
$33,252,655
$44,093,608
+33%
Net income
2023
2024
Change
Net income
+$1,678,109
+$8,002,354
+377%
Functional Expenses
Summary
2023
2024
Change
Program
$28,320,629
$38,748,809
+37%
Admin
$1,102,436
$1,186,248
+8%
Fundraising
$3,829,590
$4,158,551
+9%
Total Expenses
$33,252,655
$44,093,608
+33%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)