Accion International
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$23,763,541
Contributions
48%
Program Services
31%
Investments
16%
Other
3%
Government Grants
2%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$33,127,519
Other
42%
Salaries & Benefits
22%
Fees to Service Providers
17%
Grants
11%
Offices, Occupancy & IT
7%
Depreciation
<1%
Advertising & Promotion
<1%
Interest
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$20,729,607
$11,461,546
-45%
Government Grants
$761,891
$566,544
-26%
Fundraising Events
$0
$0
-
Program Services
$8,960,705
$7,355,252
-18%
Membership Dues
$0
$0
-
Investments
$2,970,542
$3,737,320
+26%
Other
$542,644
$642,879
+18%
Total Revenues
$33,965,389
$23,763,541
-30%
Expenses
2023
2024
Change
Grants
$3,563,885
$3,792,674
+6%
Benefits to Members
$0
$0
-
Salaries & Benefits
$17,600,569
$7,355,202
-58%
Fees to Service Providers
$4,642,440
$5,672,369
+22%
Advertising & Promotion
$37,479
$15,547
-59%
Offices, Occupancy & IT
$2,297,127
$2,399,336
+4%
Interest
$802,562
$6,140
-99%
Depreciation
$63,933
$33,337
-48%
Other
$2,217,715
$13,852,914
+525%
Total Expenses
$31,225,710
$33,127,519
+6%
Net income
2023
2024
Change
Net income
+$2,739,679
-$9,363,978
-442%
Functional Expenses
Summary
2023
2024
Change
Program
$21,707,725
$22,023,944
+1%
Admin
$6,557,916
$8,107,169
+24%
Fundraising
$2,960,069
$2,996,406
+1%
Total Expenses
$31,225,710
$33,127,519
+6%
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