GLOBALGIVING FOUNDATION INC
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$91,098,723
Contributions
92%
Program Services
4%
Investments
3%
Government Grants
1%
Other
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$115,948,374
Grants
84%
Salaries & Benefits
11%
Offices, Occupancy & IT
2%
Fees to Service Providers
2%
Other
<1%
Advertising & Promotion
<1%
Depreciation
<1%
Interest
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$112,790,912
$83,690,726
-26%
Government Grants
$884,196
$991,152
+12%
Fundraising Events
$0
$0
-
Program Services
$5,056,934
$3,905,725
-23%
Membership Dues
$0
$0
-
Investments
$2,097,047
$2,342,200
+12%
Other
$23,868
$168,920
+608%
Total Revenues
$120,852,957
$91,098,723
-25%
Expenses
2023
2024
Change
Grants
$95,221,146
$97,318,371
+2%
Benefits to Members
$0
$0
-
Salaries & Benefits
$12,848,772
$13,044,557
+2%
Fees to Service Providers
$2,533,534
$1,933,544
-24%
Advertising & Promotion
$188,267
$90,301
-52%
Offices, Occupancy & IT
$2,536,058
$2,557,847
+1%
Interest
$9,054
$7,370
-19%
Depreciation
$13,399
$11,635
-13%
Other
$1,951,102
$984,749
-50%
Total Expenses
$115,301,332
$115,948,374
+1%
Net income
2023
2024
Change
Net income
+$5,551,625
-$24,849,651
-548%
Functional Expenses
Summary
2023
2024
Change
Program
$106,314,699
$104,954,456
-1%
Admin
$8,618,947
$8,749,956
+2%
Fundraising
$367,686
$2,243,962
+510%
Total Expenses
$115,301,332
$115,948,374
+1%
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