FEEDING THE CAROLINAS
FEEDING THE CAROLINAS
FEEDING THE CAROLINAS
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2024
$6,427,363
Government Grants
79%
Contributions
13%
Program Services
6%
Membership Dues
2%
Investments
<1%
Other
<1%
Fundraising Events
0%
Expenses in 2024
$5,865,273
Benefits to Members
84%
Salaries & Benefits
8%
Fees to Service Providers
4%
Other
2%
Advertising & Promotion
1%
Offices, Occupancy & IT
<1%
Depreciation
<1%
Grants
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$465,183
$863,405
+86%
Government Grants
$170,284
$5,052,268
+2867%
Fundraising Events
$0
$0
-
Program Services
$303,055
$377,840
+25%
Membership Dues
$103,464
$103,464
+0%
Investments
$2,928
$27,506
+839%
Other
$1,984
$2,880
+45%
Total Revenues
$1,046,898
$6,427,363
+514%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$366,876
$4,945,630
+1248%
Salaries & Benefits
$348,056
$471,708
+36%
Fees to Service Providers
$172,342
$219,371
+27%
Advertising & Promotion
$965
$70,677
+7224%
Offices, Occupancy & IT
$28,126
$49,201
+75%
Interest
$0
$0
-
Depreciation
$1,799
$1,259
-30%
Other
$94,318
$107,427
+14%
Total Expenses
$1,012,482
$5,865,273
+479%
Net income
2023
2024
Change
Net income
+$34,416
+$562,090
+1533%
Functional Expenses
Summary
2023
2024
Change
Program
$886,270
$5,728,380
+546%
Admin
$64,590
$74,575
+15%
Fundraising
$61,622
$62,318
+1%
Total Expenses
$1,012,482
$5,865,273
+479%
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