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ERIE COMMUNITY FOUNDATION

ERIE COMMUNITY FOUNDATION

Erie, PA, US
501(c)3
EIN
25-6032032
DAF Sponsor
Community Foundation
Regional Funder
funder logo

ERIE COMMUNITY FOUNDATION

Erie, PA, US
501(c)3
EIN
25-6032032
DAF Sponsor
Community Foundation
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$39,773,154

Other
54%
Contributions
36%
Investments
9%
Program Services
1%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$31,907,860

Grants
81%
Fees to Service Providers
9%
Salaries & Benefits
6%
Offices, Occupancy & IT
1%
Depreciation
1%
Other
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$23,150,061
$14,274,524
-38%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$361,843
$405,998
+12%
Membership Dues
$0
$0
-
Investments
$3,579,064
$3,638,484
+2%
Other
$6,642,353
$21,454,148
+223%
Total Revenues
$33,733,321
$39,773,154
+18%
Expenses
2023
2024
Change
Grants
$21,990,410
$25,784,126
+17%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,867,304
$1,971,385
+6%
Fees to Service Providers
$2,130,886
$2,976,646
+40%
Advertising & Promotion
$93,391
$63,538
-32%
Offices, Occupancy & IT
$225,193
$448,482
+99%
Interest
$0
$0
-
Depreciation
$295,719
$382,716
+29%
Other
$333,713
$280,967
-16%
Total Expenses
$26,936,616
$31,907,860
+18%
Net income
2023
2024
Change
Net income
+$6,796,705
+$7,865,294
+16%
Functional Expenses
Summary
2023
2024
Change
Program
$23,382,689
$27,289,382
+17%
Admin
$2,987,336
$3,893,361
+30%
Fundraising
$566,591
$725,117
+28%
Total Expenses
$26,936,616
$31,907,860
+18%
Income Statement
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