BRIDGEWATER COLLEGE
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2024
$89,629,247
Program Services
83%
Contributions
10%
Other
4%
Investments
3%
Government Grants
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$97,598,637
Grants
44%
Salaries & Benefits
26%
Other
13%
Offices, Occupancy & IT
8%
Depreciation
6%
Interest
2%
Fees to Service Providers
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$8,978,084
$8,721,154
-3%
Government Grants
$448,854
$346,661
-23%
Fundraising Events
$0
$0
-
Program Services
$69,356,008
$73,966,698
+7%
Membership Dues
$0
$0
-
Investments
$2,395,132
$2,654,836
+11%
Other
$773,152
$3,939,898
+410%
Total Revenues
$81,951,230
$89,629,247
+9%
Expenses
2023
2024
Change
Grants
$38,964,738
$42,515,415
+9%
Benefits to Members
$0
$0
-
Salaries & Benefits
$23,762,877
$25,757,624
+8%
Fees to Service Providers
$825,995
$913,115
+11%
Advertising & Promotion
$396,804
$435,391
+10%
Offices, Occupancy & IT
$7,406,625
$7,399,959
0%
Interest
$1,822,570
$1,837,488
+1%
Depreciation
$5,343,050
$5,847,082
+9%
Other
$13,184,144
$12,892,563
-2%
Total Expenses
$91,706,803
$97,598,637
+6%
Net income
2023
2024
Change
Net income
-$9,755,573
-$7,969,390
+18%
Functional Expenses
Summary
2023
2024
Change
Program
$83,850,346
$88,657,233
+6%
Admin
$6,408,892
$7,432,423
+16%
Fundraising
$1,447,565
$1,508,981
+4%
Total Expenses
$91,706,803
$97,598,637
+6%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)