SOWEGA COUNCIL ON AGING
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2024
$7,938,598
Government Grants
97%
Contributions
2%
Investments
1%
Program Services
<1%
Other
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$7,427,565
Fees to Service Providers
65%
Salaries & Benefits
22%
Offices, Occupancy & IT
7%
Other
3%
Depreciation
3%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$133,390
$121,840
-9%
Government Grants
$7,079,568
$7,673,974
+8%
Fundraising Events
$0
$0
-
Program Services
$63,382
$36,385
-43%
Membership Dues
$0
$0
-
Investments
$35,762
$101,874
+185%
Other
$6,184
$4,525
-27%
Total Revenues
$7,318,286
$7,938,598
+8%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,600,470
$1,643,651
+3%
Fees to Service Providers
$4,860,742
$4,814,729
-1%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$267,663
$512,136
+91%
Interest
$0
$0
-
Depreciation
$230,082
$220,012
-4%
Other
$176,866
$237,037
+34%
Total Expenses
$7,135,823
$7,427,565
+4%
Net income
2023
2024
Change
Net income
+$182,463
+$511,033
+180%
Functional Expenses
Summary
2023
2024
Change
Program
$6,849,225
$7,157,533
+5%
Admin
$286,598
$270,032
-6%
Fundraising
$0
$0
-
Total Expenses
$7,135,823
$7,427,565
+4%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)