UNIVERSITY ENTERPRISES INC
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2024
$136,268,718
Government Grants
54%
Program Services
34%
Other
10%
Investments
3%
Contributions
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$130,268,336
Salaries & Benefits
51%
Other
22%
Fees to Service Providers
10%
Offices, Occupancy & IT
7%
Depreciation
5%
Grants
3%
Interest
2%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$58,868,632
$73,038,569
+24%
Fundraising Events
$0
$0
-
Program Services
$40,525,362
$45,672,423
+13%
Membership Dues
$0
$0
-
Investments
$3,480,042
$3,785,058
+9%
Other
$12,293,054
$13,772,668
+12%
Total Revenues
$115,167,090
$136,268,718
+18%
Expenses
2023
2024
Change
Grants
$2,531,553
$3,904,906
+54%
Benefits to Members
$0
$0
-
Salaries & Benefits
$54,273,758
$65,950,914
+22%
Fees to Service Providers
$9,853,847
$12,580,361
+28%
Advertising & Promotion
$48,791
$32,412
-34%
Offices, Occupancy & IT
$9,334,600
$9,500,563
+2%
Interest
$2,306,934
$2,940,647
+27%
Depreciation
$6,557,844
$6,430,820
-2%
Other
$27,529,347
$28,927,713
+5%
Total Expenses
$112,436,674
$130,268,336
+16%
Net income
2023
2024
Change
Net income
+$2,730,416
+$6,000,382
+120%
Functional Expenses
Summary
2023
2024
Change
Program
$105,648,708
$123,695,135
+17%
Admin
$6,787,966
$6,573,201
-3%
Fundraising
$0
$0
-
Total Expenses
$112,436,674
$130,268,336
+16%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)