MCDONOGH SCHOOL INCORPORATED

MCDONOGH SCHOOL INCORPORATED

OWINGS MILLS, MD, US
501(c)(3)
EIN
52-6001577
School

MCDONOGH SCHOOL INCORPORATED

OWINGS MILLS, MD, US
501(c)(3)
EIN
52-6001577
School

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$77,946,164

Program Services
77%
Contributions
12%
Investments
5%
Other
5%
Fundraising Events
<1%
Government Grants
0%
Membership Dues
0%
Expenses in 2024

$69,272,576

Salaries & Benefits
59%
Other
13%
Grants
11%
Offices, Occupancy & IT
8%
Depreciation
7%
Interest
1%
Fees to Service Providers
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$8,391,300
$9,386,364
+12%
Government Grants
$4,144,612
$0
-100%
Fundraising Events
$22,499
$144,684
+543%
Program Services
$56,690,768
$60,294,186
+6%
Membership Dues
$0
$0
-
Investments
$3,071,338
$4,282,730
+39%
Other
$2,934,210
$3,838,200
+31%
Total Revenues
$75,254,727
$77,946,164
+4%
Expenses
2023
2024
Change
Grants
$7,172,926
$7,601,261
+6%
Benefits to Members
$0
$0
-
Salaries & Benefits
$39,486,112
$40,790,548
+3%
Fees to Service Providers
$743,894
$606,744
-18%
Advertising & Promotion
$129,512
$155,684
+20%
Offices, Occupancy & IT
$5,222,396
$5,559,634
+6%
Interest
$1,019,929
$781,723
-23%
Depreciation
$4,802,945
$4,912,766
+2%
Other
$8,496,694
$8,864,216
+4%
Total Expenses
$67,074,408
$69,272,576
+3%
Net income
2023
2024
Change
Net income
+$8,180,319
+$8,673,588
+6%
Functional Expenses
Summary
2023
2024
Change
Program
$54,372,260
$55,842,844
+3%
Admin
$9,095,864
$9,340,921
+3%
Fundraising
$3,606,284
$4,088,811
+13%
Total Expenses
$67,074,408
$69,272,576
+3%
Income Statement
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)