THE UNIVERSITY OF CHARLESTON INC
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2024
$70,968,261
Program Services
78%
Government Grants
9%
Fundraising Events
5%
Contributions
5%
Other
2%
Investments
2%
Membership Dues
0%
Expenses in 2024
$72,442,845
Salaries & Benefits
39%
Grants
27%
Other
25%
Depreciation
7%
Interest
1%
Fees to Service Providers
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Offices, Occupancy & IT
0%
Revenues
2023
2024
Change
Contributions
$8,494,196
$3,508,368
-59%
Government Grants
$8,013,860
$6,372,086
-20%
Fundraising Events
$0
$3,600,492
-
Program Services
$55,517,974
$55,243,131
0%
Membership Dues
$0
$0
-
Investments
$778,971
$1,085,941
+39%
Other
$4,345,565
$1,158,243
-73%
Total Revenues
$77,150,566
$70,968,261
-8%
Expenses
2023
2024
Change
Grants
$19,044,688
$19,619,032
+3%
Benefits to Members
$0
$0
-
Salaries & Benefits
$26,995,260
$27,937,581
+3%
Fees to Service Providers
$722,066
$609,315
-16%
Advertising & Promotion
$616,833
$444,125
-28%
Offices, Occupancy & IT
$0
$0
-
Interest
$711,285
$917,515
+29%
Depreciation
$4,557,215
$4,720,055
+4%
Other
$18,294,904
$18,195,222
-1%
Total Expenses
$70,942,251
$72,442,845
+2%
Net income
2023
2024
Change
Net income
+$6,208,315
-$1,474,584
-124%
Functional Expenses
Summary
2023
2024
Change
Program
$63,017,540
$64,748,594
+3%
Admin
$7,317,411
$7,150,527
-2%
Fundraising
$607,300
$543,724
-10%
Total Expenses
$70,942,251
$72,442,845
+2%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)