STERLING HOUSE COMMUNITY CENTER INC (EIN 06-0665192) - Income Statement, 990 Financials

STERLING HOUSE COMMUNITY CENTER INC

STRATFORD, CT, US

•

a.k.a Sterling Community Center

•

501(c)(3)

•

EIN

06-0665192

•

https://www.sterlingcommunitycenter.org

•

Women Led

STERLING HOUSE COMMUNITY CENTER INC

STRATFORD, CT, US

•

a.k.a Sterling Community Center

•

501(c)(3)

•

EIN

06-0665192

•

https://www.sterlingcommunitycenter.org

•

Women Led

Overview

Programs

990s

Income Statement

Balance Sheet

People

Board & Team

Financials

Financial Trends

Funding

Funders

Grants Received

Hide details

Income Statement

Fiscal Year Start:

Jul 1

Revenues in 2024

$2,790,132

Program Services

44%

Contributions

23%

Other

18%

Government Grants

Fundraising Events

Investments

Membership Dues

Expenses in 2024

$2,572,514

Salaries & Benefits

58%

Other

26%

Depreciation

Offices, Occupancy & IT

Fees to Service Providers

<1%

Grants

Benefits to Members

Advertising & Promotion

Interest

Revenues

2023

2024

Change

Contributions

$532,549

$643,716

+21%

Government Grants

$226,500

$245,400

+8%

Fundraising Events

$75,450

$121,452

+61%

Program Services

$1,137,891

$1,227,998

+8%

Membership Dues

Investments

$30,290

$58,381

+93%

Other

$222,937

$493,185

+121%

Total Revenues

$2,225,617

$2,790,132

+25%

Expenses

2023

2024

Change

Grants

Benefits to Members

Salaries & Benefits

$1,287,172

$1,480,500

+15%

Fees to Service Providers

$16,931

$24,993

+48%

Advertising & Promotion

Offices, Occupancy & IT

$169,698

$161,947

-5%

Interest

Depreciation

$224,829

$230,009

+2%

Other

$541,772

$675,065

+25%

Total Expenses

$2,240,402

$2,572,514

+15%

Net income

2023

2024

Change

Net income

-$14,785

+$217,618

-1572%

Functional Expenses

Summary

2023

2024

Change

Program

$1,613,447

$1,870,812

+16%

Admin

$336,245

$390,525

+16%

Fundraising

$290,710

$311,177

+7%

Total Expenses

$2,240,402

$2,572,514

+15%