GraceThruFaithCom Inc
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$384,336
Contributions
>99%
Other
<1%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Investments
0%
Expenses in 2024
$431,086
Other
81%
Salaries & Benefits
13%
Grants
2%
Offices, Occupancy & IT
2%
Fees to Service Providers
<1%
Depreciation
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$410,289
$382,205
-7%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
$2,943
$2,131
-28%
Total Revenues
$413,232
$384,336
-7%
Expenses
2023
2024
Change
Grants
$8,000
$10,000
+25%
Benefits to Members
$0
$0
-
Salaries & Benefits
$58,131
$58,131
+0%
Fees to Service Providers
$2,496
$2,258
-10%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$13,041
$9,689
-26%
Interest
$0
$0
-
Depreciation
$3,375
$1,687
-50%
Other
$330,212
$349,321
+6%
Total Expenses
$415,255
$431,086
+4%
Net income
2023
2024
Change
Net income
-$2,023
-$46,750
-2211%
Functional Expenses
Summary
2023
2024
Change
Program
$358,930
$374,134
+4%
Admin
$56,325
$56,952
+1%
Fundraising
$0
$0
-
Total Expenses
$415,255
$431,086
+4%
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