INTERFAITH FOOD PANTRY INC
INTERFAITH FOOD PANTRY INC
INTERFAITH FOOD PANTRY INC
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$7,723,538
Contributions
90%
Fundraising Events
4%
Investments
2%
Government Grants
2%
Other
2%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$7,413,297
Grants
56%
Salaries & Benefits
26%
Other
11%
Depreciation
4%
Offices, Occupancy & IT
3%
Fees to Service Providers
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$6,499,285
$6,943,318
+7%
Government Grants
$142,506
$143,951
+1%
Fundraising Events
$373,026
$339,539
-9%
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$128,957
$169,939
+32%
Other
$31,803
$126,791
+299%
Total Revenues
$7,175,577
$7,723,538
+8%
Expenses
2023
2024
Change
Grants
$4,160,861
$4,115,139
-1%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,748,573
$1,914,716
+10%
Fees to Service Providers
$44,407
$45,354
+2%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$225,807
$241,206
+7%
Interest
$0
$0
-
Depreciation
$225,515
$274,609
+22%
Other
$637,857
$822,273
+29%
Total Expenses
$7,043,020
$7,413,297
+5%
Net income
2023
2024
Change
Net income
+$132,557
+$310,241
+134%
Functional Expenses
Summary
2023
2024
Change
Program
$6,547,207
$6,788,911
+4%
Admin
$158,350
$265,270
+68%
Fundraising
$337,463
$359,116
+6%
Total Expenses
$7,043,020
$7,413,297
+5%
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