THE IRISH AMERICAN PARTNERSHIP INC
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$4,872,799
Contributions
81%
Investments
12%
Other
7%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$4,853,300
Grants
70%
Salaries & Benefits
17%
Other
10%
Offices, Occupancy & IT
1%
Fees to Service Providers
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$3,327,667
$3,968,852
+19%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$477,280
$562,630
+18%
Other
$1,708
$341,317
+19883%
Total Revenues
$3,806,655
$4,872,799
+28%
Expenses
2023
2024
Change
Grants
$2,540,396
$3,379,975
+33%
Benefits to Members
$0
$0
-
Salaries & Benefits
$443,771
$848,885
+91%
Fees to Service Providers
$32,080
$45,726
+43%
Advertising & Promotion
$1,500
$6,483
+332%
Offices, Occupancy & IT
$81,252
$65,207
-20%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$833,934
$507,024
-39%
Total Expenses
$3,932,933
$4,853,300
+23%
Net income
2023
2024
Change
Net income
-$126,278
+$19,499
-115%
Functional Expenses
Summary
2023
2024
Change
Program
$3,732,091
$4,625,532
+24%
Admin
$93,639
$110,929
+18%
Fundraising
$107,203
$116,839
+9%
Total Expenses
$3,932,933
$4,853,300
+23%
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