THE ASIAN AMERICAN FOUNDATION
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$18,869,269
Contributions
90%
Investments
10%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$26,082,793
Grants
35%
Salaries & Benefits
26%
Other
18%
Fees to Service Providers
14%
Advertising & Promotion
6%
Offices, Occupancy & IT
1%
Depreciation
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$15,225,499
$16,890,275
+11%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$1,337,543
$1,978,994
+48%
Other
$32,280
$0
-100%
Total Revenues
$16,595,322
$18,869,269
+14%
Expenses
2023
2024
Change
Grants
$9,084,238
$9,117,000
+0%
Benefits to Members
$0
$0
-
Salaries & Benefits
$5,698,747
$6,757,320
+19%
Fees to Service Providers
$3,139,928
$3,556,705
+13%
Advertising & Promotion
$1,000,500
$1,620,118
+62%
Offices, Occupancy & IT
$314,435
$383,169
+22%
Interest
$0
$0
-
Depreciation
$11,428
$24,642
+116%
Other
$3,660,558
$4,623,839
+26%
Total Expenses
$22,909,834
$26,082,793
+14%
Net income
2023
2024
Change
Net income
-$6,314,512
-$7,213,524
-14%
Functional Expenses
Summary
2023
2024
Change
Program
$18,839,072
$21,991,115
+17%
Admin
$3,722,589
$3,926,126
+5%
Fundraising
$348,173
$165,552
-52%
Total Expenses
$22,909,834
$26,082,793
+14%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)