THE NATIONAL FEDERATION OF THE BLIND

Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$21,510,593
Contributions
86%
Government Grants
7%
Other
5%
Investments
2%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$19,570,355
Offices, Occupancy & IT
39%
Salaries & Benefits
31%
Fees to Service Providers
20%
Other
7%
Grants
4%
Depreciation
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$14,762,416
$18,459,271
+25%
Government Grants
$1,698,258
$1,490,484
-12%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$370,184
$442,243
+19%
Other
$719,316
$1,118,595
+56%
Total Revenues
$17,550,174
$21,510,593
+23%
Expenses
2023
2024
Change
Grants
$768,147
$739,025
-4%
Benefits to Members
$0
$0
-
Salaries & Benefits
$5,862,871
$6,080,410
+4%
Fees to Service Providers
$5,017,828
$3,872,121
-23%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$6,584,413
$7,567,753
+15%
Interest
$0
$0
-
Depreciation
$25,265
$29,743
+18%
Other
$1,286,101
$1,281,303
0%
Total Expenses
$19,544,625
$19,570,355
+0%
Net income
2023
2024
Change
Net income
-$1,994,451
+$1,940,238
-197%
Functional Expenses
Summary
2023
2024
Change
Program
$17,751,359
$17,644,421
-1%
Admin
$796,339
$780,568
-2%
Fundraising
$996,927
$1,145,366
+15%
Total Expenses
$19,544,625
$19,570,355
+0%
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