THE CARMEL SCHOOL
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2025
$4,659,511
Program Services
56%
Contributions
42%
Investments
1%
Other
<1%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2025
$5,321,054
Salaries & Benefits
64%
Other
20%
Depreciation
11%
Fees to Service Providers
2%
Grants
2%
Advertising & Promotion
<1%
Interest
<1%
Benefits to Members
0%
Offices, Occupancy & IT
0%
Revenues
2024
2025
Change
Contributions
$1,945,528
$1,965,158
+1%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$2,502,202
$2,624,641
+5%
Membership Dues
$0
$0
-
Investments
$71
$50,822
+71480%
Other
$7,632
$18,890
+148%
Total Revenues
$4,455,433
$4,659,511
+5%
Expenses
2024
2025
Change
Grants
$117,727
$110,132
-6%
Benefits to Members
$0
$0
-
Salaries & Benefits
$3,369,346
$3,419,542
+1%
Fees to Service Providers
$105,216
$122,335
+16%
Advertising & Promotion
$30,523
$31,542
+3%
Offices, Occupancy & IT
$300
$0
-100%
Interest
$0
$1,233
-
Depreciation
$570,893
$575,366
+1%
Other
$893,188
$1,060,904
+19%
Total Expenses
$5,087,193
$5,321,054
+5%
Net income
2024
2025
Change
Net income
-$631,760
-$661,543
-5%
Functional Expenses
Summary
2024
2025
Change
Program
$3,925,130
$4,097,415
+4%
Admin
$1,157,190
$1,218,467
+5%
Fundraising
$4,873
$5,172
+6%
Total Expenses
$5,087,193
$5,321,054
+5%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)