KIPP NORTH CAROLINA
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2024
$8,511,859
Program Services
85%
Contributions
7%
Other
4%
Investments
3%
Fundraising Events
<1%
Government Grants
0%
Membership Dues
0%
Expenses in 2024
$7,752,768
Salaries & Benefits
81%
Other
8%
Advertising & Promotion
4%
Fees to Service Providers
4%
Offices, Occupancy & IT
3%
Depreciation
<1%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$353,859
$622,604
+76%
Government Grants
$0
$0
-
Fundraising Events
$0
$69,765
-
Program Services
$8,337,444
$7,247,246
-13%
Membership Dues
$0
$0
-
Investments
$12,125
$222,204
+1733%
Other
$100,211
$350,040
+249%
Total Revenues
$8,803,639
$8,511,859
-3%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$5,074,350
$6,262,527
+23%
Fees to Service Providers
$322,292
$305,093
-5%
Advertising & Promotion
$1,930
$345,318
+17792%
Offices, Occupancy & IT
$196,524
$243,932
+24%
Interest
$0
$0
-
Depreciation
$5,790
$5,790
+0%
Other
$530,551
$590,108
+11%
Total Expenses
$6,131,437
$7,752,768
+26%
Net income
2023
2024
Change
Net income
+$2,672,202
+$759,091
-72%
Functional Expenses
Summary
2023
2024
Change
Program
$4,282,967
$5,185,250
+21%
Admin
$1,625,928
$2,291,584
+41%
Fundraising
$222,542
$275,934
+24%
Total Expenses
$6,131,437
$7,752,768
+26%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)