LIFE IN ABUNDANCE INTERNATIONAL
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$3,280,060
Contributions
>99%
Other
<1%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Investments
0%
Expenses in 2024
$3,953,716
Grants
77%
Salaries & Benefits
11%
Other
5%
Offices, Occupancy & IT
3%
Fees to Service Providers
3%
Interest
1%
Advertising & Promotion
<1%
Benefits to Members
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$3,307,619
$3,257,300
-2%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$1
$0
-100%
Other
-$43,655
$22,760
-152%
Total Revenues
$3,263,965
$3,280,060
+0%
Expenses
2023
2024
Change
Grants
$1,968,150
$3,052,412
+55%
Benefits to Members
$0
$0
-
Salaries & Benefits
$496,021
$440,596
-11%
Fees to Service Providers
$105,031
$107,480
+2%
Advertising & Promotion
$6,480
$2,912
-55%
Offices, Occupancy & IT
$85,501
$114,878
+34%
Interest
$44,980
$42,216
-6%
Depreciation
$1,833
$0
-100%
Other
$102,998
$193,222
+88%
Total Expenses
$2,810,994
$3,953,716
+41%
Net income
2023
2024
Change
Net income
+$452,971
-$673,656
-249%
Functional Expenses
Summary
2023
2024
Change
Program
$2,204,908
$3,259,490
+48%
Admin
$437,671
$539,195
+23%
Fundraising
$168,415
$155,031
-8%
Total Expenses
$2,810,994
$3,953,716
+41%
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