ABINGTON HEALTH FOUNDATION
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2024
$28,138,386
Other
76%
Contributions
18%
Investments
5%
Fundraising Events
1%
Government Grants
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$6,651,692
Other
57%
Fees to Service Providers
24%
Offices, Occupancy & IT
15%
Advertising & Promotion
3%
Interest
<1%
Depreciation
<1%
Grants
0%
Benefits to Members
0%
Salaries & Benefits
0%
Revenues
2023
2024
Change
Contributions
$10,241,574
$5,056,789
-51%
Government Grants
$0
$0
-
Fundraising Events
$551,094
$405,099
-26%
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$599,662
$1,413,078
+136%
Other
$27,354,840
$21,263,420
-22%
Total Revenues
$38,747,170
$28,138,386
-27%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$84,674
$1,612,817
+1805%
Advertising & Promotion
$0
$169,970
-
Offices, Occupancy & IT
$6,206
$1,029,368
+16487%
Interest
$0
$27,092
-
Depreciation
$0
$1,501
-
Other
$141,881
$3,810,944
+2586%
Total Expenses
$232,761
$6,651,692
+2758%
Net income
2023
2024
Change
Net income
+$38,514,409
+$21,486,694
-44%
Functional Expenses
Summary
2023
2024
Change
Program
$232,761
$83,452
-64%
Admin
$0
$6,444,800
-
Fundraising
$0
$123,440
-
Total Expenses
$232,761
$6,651,692
+2758%
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