Logo for "FOOD BANK OF SOUTH JERSEY, INC."

FOOD BANK OF SOUTH JERSEY, INC.

FOOD BANK OF SOUTH JERSEY, INC.

PENNSAUKEN, NJ, US
501(c)(3)
EIN
22-2623089
Regional Funder
Women Led
BIPOC Led
Logo for "FOOD BANK OF SOUTH JERSEY, INC."

FOOD BANK OF SOUTH JERSEY, INC.

PENNSAUKEN, NJ, US
501(c)(3)
EIN
22-2623089
Regional Funder
Women Led
BIPOC Led

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$50,520,817

Contributions
53%
Government Grants
43%
Fundraising Events
1%
Program Services
<1%
Investments
<1%
Other
<1%
Membership Dues
0%
Expenses in 2024

$48,984,989

Other
80%
Salaries & Benefits
15%
Offices, Occupancy & IT
2%
Depreciation
1%
Grants
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Fees to Service Providers
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$22,827,477
$27,016,657
+18%
Government Grants
$23,763,866
$21,636,858
-9%
Fundraising Events
$808,618
$724,520
-10%
Program Services
$653,735
$493,502
-25%
Membership Dues
$0
$0
-
Investments
$285,059
$371,674
+30%
Other
$271,580
$277,606
+2%
Total Revenues
$48,610,335
$50,520,817
+4%
Expenses
2023
2024
Change
Grants
$5,022
$407,871
+8022%
Benefits to Members
$0
$0
-
Salaries & Benefits
$6,859,087
$7,540,281
+10%
Fees to Service Providers
$0
$0
-
Advertising & Promotion
$214,360
$203,076
-5%
Offices, Occupancy & IT
$1,037,287
$1,112,663
+7%
Interest
$0
$0
-
Depreciation
$524,820
$536,655
+2%
Other
$35,695,913
$39,184,443
+10%
Total Expenses
$44,336,489
$48,984,989
+10%
Net income
2023
2024
Change
Net income
+$4,273,846
+$1,535,828
-64%
Functional Expenses
Summary
2023
2024
Change
Program
$41,401,263
$45,914,595
+11%
Admin
$1,038,281
$877,889
-15%
Fundraising
$1,896,945
$2,192,505
+16%
Total Expenses
$44,336,489
$48,984,989
+10%
Income Statement
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