WAYLAND BAPTIST UNIVERSITY
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2024
$60,580,363
Program Services
70%
Other
11%
Contributions
10%
Government Grants
8%
Investments
1%
Fundraising Events
<1%
Membership Dues
0%
Expenses in 2024
$62,703,318
Salaries & Benefits
43%
Offices, Occupancy & IT
24%
Grants
18%
Depreciation
5%
Other
3%
Fees to Service Providers
3%
Interest
2%
Advertising & Promotion
1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$6,916,710
$6,057,331
-12%
Government Grants
$4,517,026
$4,583,074
+1%
Fundraising Events
$0
$44,624
-
Program Services
$38,694,017
$42,259,090
+9%
Membership Dues
$0
$0
-
Investments
$2,438,837
$868,429
-64%
Other
$5,888,276
$6,767,815
+15%
Total Revenues
$58,454,866
$60,580,363
+4%
Expenses
2023
2024
Change
Grants
$10,268,038
$11,459,073
+12%
Benefits to Members
$0
$0
-
Salaries & Benefits
$26,972,345
$27,253,943
+1%
Fees to Service Providers
$175,372
$1,642,403
+837%
Advertising & Promotion
$758,705
$795,161
+5%
Offices, Occupancy & IT
$2,473,475
$15,327,923
+520%
Interest
$1,273,723
$1,300,185
+2%
Depreciation
$3,362,256
$3,238,177
-4%
Other
$16,502,073
$1,686,453
-90%
Total Expenses
$61,785,987
$62,703,318
+1%
Net income
2023
2024
Change
Net income
-$3,331,121
-$2,122,955
+36%
Functional Expenses
Summary
2023
2024
Change
Program
$52,490,569
$53,722,523
+2%
Admin
$8,216,040
$7,725,694
-6%
Fundraising
$1,079,378
$1,255,101
+16%
Total Expenses
$61,785,987
$62,703,318
+1%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)