TURKISH PHILANTHROPY FUNDS INC
TURKISH PHILANTHROPY FUNDS INC
TURKISH PHILANTHROPY FUNDS INC
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2024
$6,220,008
Contributions
74%
Investments
13%
Fundraising Events
8%
Other
5%
Government Grants
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$9,760,452
Grants
87%
Salaries & Benefits
6%
Other
4%
Fees to Service Providers
2%
Offices, Occupancy & IT
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$28,495,599
$4,591,606
-84%
Government Grants
$0
$0
-
Fundraising Events
$0
$501,450
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$414,906
$814,292
+96%
Other
-$486,317
$312,660
-164%
Total Revenues
$28,424,188
$6,220,008
-78%
Expenses
2023
2024
Change
Grants
$11,281,657
$8,503,312
-25%
Benefits to Members
$0
$0
-
Salaries & Benefits
$534,136
$594,873
+11%
Fees to Service Providers
$190,844
$194,284
+2%
Advertising & Promotion
$92,554
$38,593
-58%
Offices, Occupancy & IT
$62,290
$82,550
+33%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$715,285
$346,840
-52%
Total Expenses
$12,876,766
$9,760,452
-24%
Net income
2023
2024
Change
Net income
+$15,547,422
-$3,540,444
-123%
Functional Expenses
Summary
2023
2024
Change
Program
$12,249,408
$8,881,753
-27%
Admin
$553,745
$748,385
+35%
Fundraising
$73,613
$130,314
+77%
Total Expenses
$12,876,766
$9,760,452
-24%
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