Mississippi College
Income Statement
Fiscal Year Start:
Jun 1
Revenues in 2024
$118,554,281
Program Services
86%
Contributions
6%
Other
4%
Investments
2%
Government Grants
2%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$125,940,713
Salaries & Benefits
35%
Grants
34%
Other
10%
Fees to Service Providers
8%
Offices, Occupancy & IT
6%
Depreciation
6%
Interest
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$6,041,144
$7,051,735
+17%
Government Grants
$2,134,302
$2,051,491
-4%
Fundraising Events
$0
$0
-
Program Services
$91,579,388
$102,174,894
+12%
Membership Dues
$0
$0
-
Investments
$2,699,599
$2,584,014
-4%
Other
$424,441
$4,692,147
+1005%
Total Revenues
$102,878,874
$118,554,281
+15%
Expenses
2023
2024
Change
Grants
$33,807,239
$42,562,892
+26%
Benefits to Members
$0
$0
-
Salaries & Benefits
$43,249,417
$44,513,730
+3%
Fees to Service Providers
$7,719,287
$10,075,894
+31%
Advertising & Promotion
$251,343
$333,136
+33%
Offices, Occupancy & IT
$7,771,843
$7,844,462
+1%
Interest
$390,362
$515,942
+32%
Depreciation
$6,818,959
$7,009,122
+3%
Other
$12,223,394
$13,085,535
+7%
Total Expenses
$112,231,844
$125,940,713
+12%
Net income
2023
2024
Change
Net income
-$9,352,970
-$7,386,432
+21%
Functional Expenses
Summary
2023
2024
Change
Program
$95,889,058
$108,995,363
+14%
Admin
$14,653,010
$15,262,750
+4%
Fundraising
$1,689,776
$1,682,600
0%
Total Expenses
$112,231,844
$125,940,713
+12%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)