THE NEW FOSTER CARE
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$4,350,978
Government Grants
48%
Contributions
41%
Investments
9%
Other
2%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$1,725,093
Salaries & Benefits
71%
Grants
12%
Offices, Occupancy & IT
7%
Other
5%
Fees to Service Providers
4%
Depreciation
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$3,204,407
$1,787,872
-44%
Government Grants
$1,176,925
$2,100,339
+78%
Fundraising Events
$32,316
$0
-100%
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$269,844
$375,493
+39%
Other
-$118
$87,274
-74061%
Total Revenues
$4,683,374
$4,350,978
-7%
Expenses
2023
2024
Change
Grants
$1,502,700
$210,240
-86%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,382,270
$1,228,010
-11%
Fees to Service Providers
$38,704
$76,490
+98%
Advertising & Promotion
$4,094
$169
-96%
Offices, Occupancy & IT
$102,489
$118,873
+16%
Interest
$0
$0
-
Depreciation
$0
$524
-
Other
$58,405
$90,787
+55%
Total Expenses
$3,088,662
$1,725,093
-44%
Net income
2023
2024
Change
Net income
+$1,594,712
+$2,625,885
+65%
Functional Expenses
Summary
2023
2024
Change
Program
$2,794,511
$1,564,243
-44%
Admin
$294,151
$160,355
-45%
Fundraising
$0
$495
-
Total Expenses
$3,088,662
$1,725,093
-44%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)