NEW YORK FOUNDATION FOR SENIOR CITIZENS INC
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2024
$14,392,756
Government Grants
47%
Program Services
44%
Investments
9%
Contributions
<1%
Other
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$12,856,629
Salaries & Benefits
71%
Other
15%
Offices, Occupancy & IT
12%
Fees to Service Providers
2%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$62,026
$60,500
-2%
Government Grants
$7,580,398
$6,700,830
-12%
Fundraising Events
$0
$0
-
Program Services
$5,976,752
$6,289,593
+5%
Membership Dues
$0
$0
-
Investments
$578,556
$1,325,501
+129%
Other
$11,970
$16,332
+36%
Total Revenues
$14,209,702
$14,392,756
+1%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$9,462,334
$9,065,646
-4%
Fees to Service Providers
$253,355
$234,649
-7%
Advertising & Promotion
$53,964
$7,975
-85%
Offices, Occupancy & IT
$1,532,033
$1,556,884
+2%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$2,113,860
$1,991,475
-6%
Total Expenses
$13,415,546
$12,856,629
-4%
Net income
2023
2024
Change
Net income
+$794,156
+$1,536,127
+93%
Functional Expenses
Summary
2023
2024
Change
Program
$11,959,125
$11,516,175
-4%
Admin
$1,456,421
$1,340,454
-8%
Fundraising
$0
$0
-
Total Expenses
$13,415,546
$12,856,629
-4%
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