Charleston Southern University
Income Statement
Fiscal Year Start:
Jun 1
Revenues in 2024
$116,149,987
Program Services
93%
Investments
3%
Contributions
2%
Other
1%
Government Grants
<1%
Fundraising Events
<1%
Membership Dues
0%
Expenses in 2024
$113,982,111
Grants
36%
Salaries & Benefits
30%
Other
20%
Offices, Occupancy & IT
7%
Depreciation
5%
Fees to Service Providers
1%
Interest
1%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$3,512,616
$2,876,982
-18%
Government Grants
$9,633,444
$929,224
-90%
Fundraising Events
$13,720
$17,675
+29%
Program Services
$102,201,523
$107,809,936
+5%
Membership Dues
$0
$0
-
Investments
$1,331,823
$2,913,144
+119%
Other
$5,794,667
$1,603,026
-72%
Total Revenues
$122,487,793
$116,149,987
-5%
Expenses
2023
2024
Change
Grants
$37,606,488
$40,711,596
+8%
Benefits to Members
$0
$0
-
Salaries & Benefits
$33,121,266
$33,707,278
+2%
Fees to Service Providers
$1,146,121
$1,642,546
+43%
Advertising & Promotion
$954,131
$956,664
+0%
Offices, Occupancy & IT
$7,346,411
$7,958,304
+8%
Interest
$1,545,543
$1,475,070
-5%
Depreciation
$5,272,121
$5,262,414
0%
Other
$24,526,631
$22,268,239
-9%
Total Expenses
$111,518,712
$113,982,111
+2%
Net income
2023
2024
Change
Net income
+$10,969,081
+$2,167,876
-80%
Functional Expenses
Summary
2023
2024
Change
Program
$100,886,720
$103,125,896
+2%
Admin
$8,762,644
$9,304,135
+6%
Fundraising
$1,869,348
$1,552,080
-17%
Total Expenses
$111,518,712
$113,982,111
+2%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)