KIPP BALTIMORE INC
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2024
$28,374,387
Program Services
75%
Government Grants
15%
Contributions
9%
Investments
<1%
Other
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$27,569,379
Salaries & Benefits
78%
Offices, Occupancy & IT
7%
Other
7%
Depreciation
5%
Fees to Service Providers
2%
Interest
<1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$2,778,051
$2,416,941
-13%
Government Grants
$7,934,380
$4,355,874
-45%
Fundraising Events
$0
$0
-
Program Services
$20,891,097
$21,344,474
+2%
Membership Dues
$0
$0
-
Investments
$21,299
$134,518
+532%
Other
$66,062
$122,580
+86%
Total Revenues
$31,690,889
$28,374,387
-10%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$20,470,904
$21,623,297
+6%
Fees to Service Providers
$821,396
$616,425
-25%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$1,878,170
$1,955,059
+4%
Interest
$4,599
$5,146
+12%
Depreciation
$1,691,581
$1,501,299
-11%
Other
$2,140,486
$1,868,153
-13%
Total Expenses
$27,007,136
$27,569,379
+2%
Net income
2023
2024
Change
Net income
+$4,683,753
+$805,008
-83%
Functional Expenses
Summary
2023
2024
Change
Program
$24,193,581
$24,913,632
+3%
Admin
$2,166,917
$2,265,207
+5%
Fundraising
$646,638
$390,540
-40%
Total Expenses
$27,007,136
$27,569,379
+2%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)