SPALDING UNIVERSITY INC
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2024
$47,060,777
Program Services
69%
Other
23%
Government Grants
4%
Contributions
2%
Investments
2%
Fundraising Events
<1%
Membership Dues
0%
Expenses in 2024
$42,325,452
Salaries & Benefits
51%
Other
15%
Grants
13%
Fees to Service Providers
8%
Offices, Occupancy & IT
7%
Depreciation
5%
Advertising & Promotion
1%
Interest
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$8,131,387
$1,161,156
-86%
Government Grants
$0
$1,884,141
-
Fundraising Events
$64,614
$17,465
-73%
Program Services
$32,918,677
$32,506,401
-1%
Membership Dues
$0
$0
-
Investments
$600,585
$799,553
+33%
Other
$1,658,588
$10,692,061
+545%
Total Revenues
$43,373,851
$47,060,777
+9%
Expenses
2023
2024
Change
Grants
$5,587,373
$5,528,883
-1%
Benefits to Members
$0
$0
-
Salaries & Benefits
$22,447,365
$21,605,148
-4%
Fees to Service Providers
$4,219,445
$3,263,093
-23%
Advertising & Promotion
$411,426
$468,756
+14%
Offices, Occupancy & IT
$2,848,953
$2,969,660
+4%
Interest
$240,147
$187,166
-22%
Depreciation
$2,111,464
$2,145,692
+2%
Other
$4,720,001
$6,157,054
+30%
Total Expenses
$42,586,174
$42,325,452
-1%
Net income
2023
2024
Change
Net income
+$787,677
+$4,735,325
+501%
Functional Expenses
Summary
2023
2024
Change
Program
$34,668,483
$34,802,009
+0%
Admin
$7,481,624
$7,212,222
-4%
Fundraising
$436,067
$311,221
-29%
Total Expenses
$42,586,174
$42,325,452
-1%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)