VERMONT FOODBANK
Income Statement
Fiscal Year Start:
Oct 1
Data visualization unavailable
Revenues in 2024
$31,270,540
Contributions
N/A
Investments
N/A
Government Grants
N/A
Program Services
N/A
Fundraising Events
N/A
Membership Dues
N/A
Expenses in 2024
$35,315,990
Grants
60%
Salaries & Benefits
24%
Other
14%
Depreciation
1%
Fees to Service Providers
<1%
Offices, Occupancy & IT
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$25,380,078
$33,626,847
+32%
Government Grants
$6,777,760
$206,056
-97%
Fundraising Events
$0
$0
-
Program Services
$17,000
$16,387
-4%
Membership Dues
$0
$0
-
Investments
$487,185
$402,382
-17%
Other
$1,401,064
-$2,981,132
-313%
Total Revenues
$34,063,087
$31,270,540
-8%
Expenses
2023
2024
Change
Grants
$23,161,095
$21,041,189
-9%
Benefits to Members
$0
$0
-
Salaries & Benefits
$7,539,537
$8,368,500
+11%
Fees to Service Providers
$237,360
$334,836
+41%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$935,321
$254,144
-73%
Interest
$0
$0
-
Depreciation
$324,605
$458,265
+41%
Other
$4,484,282
$4,859,056
+8%
Total Expenses
$36,682,200
$35,315,990
-4%
Net income
2023
2024
Change
Net income
-$2,619,113
-$4,045,450
-54%
Functional Expenses
Summary
2023
2024
Change
Program
$32,326,648
$29,959,110
-7%
Admin
$1,684,478
$2,745,575
+63%
Fundraising
$2,671,074
$2,611,305
-2%
Total Expenses
$36,682,200
$35,315,990
-4%
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