IMMANUEL LUTHERAN COMMUNITIES
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2024
$31,333,800
Program Services
86%
Other
9%
Investments
3%
Government Grants
2%
Contributions
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$32,377,375
Salaries & Benefits
55%
Other
14%
Interest
9%
Depreciation
9%
Fees to Service Providers
8%
Offices, Occupancy & IT
3%
Advertising & Promotion
1%
Grants
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$254,356
$290,226
+14%
Government Grants
$337,448
$529,927
+57%
Fundraising Events
$0
$0
-
Program Services
$23,632,877
$26,888,741
+14%
Membership Dues
$0
$0
-
Investments
$576,337
$802,954
+39%
Other
$1,095,193
$2,821,952
+158%
Total Revenues
$25,896,211
$31,333,800
+21%
Expenses
2023
2024
Change
Grants
$8,200
$19,238
+135%
Benefits to Members
$0
$0
-
Salaries & Benefits
$14,930,945
$17,786,112
+19%
Fees to Service Providers
$3,606,053
$2,711,723
-25%
Advertising & Promotion
$304,066
$369,821
+22%
Offices, Occupancy & IT
$1,021,934
$1,066,407
+4%
Interest
$2,996,227
$2,954,158
-1%
Depreciation
$2,678,097
$2,791,779
+4%
Other
$3,997,753
$4,678,137
+17%
Total Expenses
$29,543,275
$32,377,375
+10%
Net income
2023
2024
Change
Net income
-$3,647,064
-$1,043,575
+71%
Functional Expenses
Summary
2023
2024
Change
Program
$24,455,111
$26,767,646
+9%
Admin
$4,814,732
$5,306,578
+10%
Fundraising
$273,432
$303,151
+11%
Total Expenses
$29,543,275
$32,377,375
+10%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)