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CONCORDIA LUTHERAN MINISTRIESFOUNDATION

CONCORDIA LUTHERAN MINISTRIESFOUNDATION

Cabot, PA, US
501(c)3
EIN
20-5138266
Single Organization Support
Regional Funder
funder logo

CONCORDIA LUTHERAN MINISTRIESFOUNDATION

Cabot, PA, US
501(c)3
EIN
20-5138266
Single Organization Support
Regional Funder

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$23,309,732

Other
59%
Investments
30%
Contributions
7%
Program Services
3%
Fundraising Events
<1%
Government Grants
0%
Membership Dues
0%
Expenses in 2024

$15,461,763

Grants
94%
Fees to Service Providers
5%
Other
1%
Offices, Occupancy & IT
<1%
Advertising & Promotion
<1%
Depreciation
<1%
Benefits to Members
0%
Salaries & Benefits
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$1,120,882
$1,571,694
+40%
Government Grants
$0
$0
-
Fundraising Events
$218,470
$181,382
-17%
Program Services
$1,939,305
$751,515
-61%
Membership Dues
$0
$0
-
Investments
$7,081,222
$6,939,641
-2%
Other
$12,717,986
$13,865,500
+9%
Total Revenues
$23,077,865
$23,309,732
+1%
Expenses
2023
2024
Change
Grants
$13,518,326
$14,564,256
+8%
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$691,698
$722,335
+4%
Advertising & Promotion
$2,411
$6,852
+184%
Offices, Occupancy & IT
$17,160
$9,260
-46%
Interest
$0
$0
-
Depreciation
$527
$542
+3%
Other
$93,519
$158,518
+70%
Total Expenses
$14,323,641
$15,461,763
+8%
Net income
2023
2024
Change
Net income
+$8,754,224
+$7,847,969
-10%
Functional Expenses
Summary
2023
2024
Change
Program
$13,572,326
$14,685,756
+8%
Admin
$513,592
$540,628
+5%
Fundraising
$237,723
$235,379
-1%
Total Expenses
$14,323,641
$15,461,763
+8%
Income Statement
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