Worksystems Inc
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2024
$32,223,020
Government Grants
97%
Other
3%
Contributions
<1%
Investments
<1%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$32,759,399
Grants
57%
Fees to Service Providers
20%
Salaries & Benefits
20%
Offices, Occupancy & IT
2%
Other
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$286,404
$227,006
-21%
Government Grants
$29,799,172
$31,172,718
+5%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$4,542
$3,321
-27%
Other
$409,979
$819,975
+100%
Total Revenues
$30,500,097
$32,223,020
+6%
Expenses
2023
2024
Change
Grants
$15,940,378
$18,696,154
+17%
Benefits to Members
$0
$0
-
Salaries & Benefits
$6,241,144
$6,465,973
+4%
Fees to Service Providers
$5,816,047
$6,499,398
+12%
Advertising & Promotion
$59,623
$57,849
-3%
Offices, Occupancy & IT
$679,955
$800,180
+18%
Interest
$0
$0
-
Depreciation
$1,743
$0
-100%
Other
$195,043
$239,845
+23%
Total Expenses
$28,933,933
$32,759,399
+13%
Net income
2023
2024
Change
Net income
+$1,566,164
-$536,379
-134%
Functional Expenses
Summary
2023
2024
Change
Program
$26,334,992
$29,877,886
+13%
Admin
$2,598,941
$2,881,513
+11%
Fundraising
$0
$0
-
Total Expenses
$28,933,933
$32,759,399
+13%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)