PROJECT SOUTH INC
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$4,843,652
Contributions
79%
Program Services
16%
Other
3%
Investments
2%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$6,516,292
Salaries & Benefits
58%
Grants
20%
Other
12%
Fees to Service Providers
7%
Offices, Occupancy & IT
2%
Depreciation
<1%
Interest
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$9,022,152
$3,822,844
-58%
Government Grants
$468,863
$0
-100%
Fundraising Events
$0
$0
-
Program Services
$181,099
$786,156
+334%
Membership Dues
$0
$0
-
Investments
$146,888
$103,609
-29%
Other
$209,509
$131,043
-37%
Total Revenues
$10,028,511
$4,843,652
-52%
Expenses
2023
2024
Change
Grants
$2,030,044
$1,327,679
-35%
Benefits to Members
$0
$0
-
Salaries & Benefits
$3,065,752
$3,800,275
+24%
Fees to Service Providers
$503,042
$437,229
-13%
Advertising & Promotion
$1,500
$14,792
+886%
Offices, Occupancy & IT
$62,957
$104,990
+67%
Interest
$17,081
$20,119
+18%
Depreciation
$31,983
$38,687
+21%
Other
$413,647
$772,521
+87%
Total Expenses
$6,126,006
$6,516,292
+6%
Net income
2023
2024
Change
Net income
+$3,902,505
-$1,672,640
-143%
Functional Expenses
Summary
2023
2024
Change
Program
$5,303,907
$4,606,368
-13%
Admin
$637,677
$1,662,154
+161%
Fundraising
$184,422
$247,770
+34%
Total Expenses
$6,126,006
$6,516,292
+6%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)