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COMMISSION ON ECONOMIC OPPORTUNITY OF LUZERNE COUNTY

COMMISSION ON ECONOMIC OPPORTUNITY OF LUZERNE COUNTY

WILKESBARRE, PA, US
501(c)(3)
EIN
23-1653093
Regional Funder
funder logo

COMMISSION ON ECONOMIC OPPORTUNITY OF LUZERNE COUNTY

WILKESBARRE, PA, US
501(c)(3)
EIN
23-1653093
Regional Funder

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$54,945,409

Contributions
51%
Government Grants
42%
Program Services
6%
Investments
<1%
Other
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$52,690,026

Grants
61%
Other
20%
Salaries & Benefits
18%
Depreciation
<1%
Offices, Occupancy & IT
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Fees to Service Providers
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$24,759,562
$28,078,389
+13%
Government Grants
$35,442,374
$23,138,805
-35%
Fundraising Events
$0
$0
-
Program Services
$3,378,554
$3,474,253
+3%
Membership Dues
$0
$0
-
Investments
$317,820
$211,134
-34%
Other
$15,998
$42,828
+168%
Total Revenues
$63,914,308
$54,945,409
-14%
Expenses
2023
2024
Change
Grants
$42,829,649
$32,017,590
-25%
Benefits to Members
$0
$0
-
Salaries & Benefits
$9,092,759
$9,544,323
+5%
Fees to Service Providers
$0
$0
-
Advertising & Promotion
$37,647
$23,653
-37%
Offices, Occupancy & IT
$383,418
$316,522
-17%
Interest
$0
$0
-
Depreciation
$448,948
$432,793
-4%
Other
$9,270,004
$10,355,145
+12%
Total Expenses
$62,062,425
$52,690,026
-15%
Net income
2023
2024
Change
Net income
+$1,851,883
+$2,255,383
+22%
Functional Expenses
Summary
2023
2024
Change
Program
$60,943,982
$51,263,649
-16%
Admin
$947,607
$1,121,307
+18%
Fundraising
$170,836
$305,070
+79%
Total Expenses
$62,062,425
$52,690,026
-15%
Income Statement
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