INTERNATIONAL PARTNERSHIP MINISTRIES INC
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$4,544,165
Contributions
99%
Investments
1%
Other
<1%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$4,678,843
Grants
82%
Salaries & Benefits
14%
Other
2%
Offices, Occupancy & IT
1%
Depreciation
<1%
Fees to Service Providers
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$4,236,591
$4,488,056
+6%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$64,198
$53,623
-16%
Other
$3,749
$2,486
-34%
Total Revenues
$4,304,538
$4,544,165
+6%
Expenses
2023
2024
Change
Grants
$3,937,857
$3,858,579
-2%
Benefits to Members
$0
$0
-
Salaries & Benefits
$551,115
$639,363
+16%
Fees to Service Providers
$12,480
$10,733
-14%
Advertising & Promotion
$1,277
$1,742
+36%
Offices, Occupancy & IT
$56,016
$58,963
+5%
Interest
$0
$0
-
Depreciation
$26,648
$25,323
-5%
Other
$109,360
$84,140
-23%
Total Expenses
$4,694,753
$4,678,843
0%
Net income
2023
2024
Change
Net income
-$390,215
-$134,678
+65%
Functional Expenses
Summary
2023
2024
Change
Program
$4,131,556
$4,123,365
0%
Admin
$563,197
$555,478
-1%
Fundraising
$0
$0
-
Total Expenses
$4,694,753
$4,678,843
0%
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