The Abraham Foundation
Income Statement
Fiscal Year Start:
Dec 1
Revenues in 2024
$2,966,752
Contributions
97%
Other
2%
Program Services
<1%
Investments
<1%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$1,179,275
Grants
53%
Salaries & Benefits
27%
Other
13%
Fees to Service Providers
5%
Offices, Occupancy & IT
2%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$1,798,646
$2,882,766
+60%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$2,697
$11,973
+344%
Membership Dues
$0
$0
-
Investments
$10,709
$1,005
-91%
Other
$11,156
$71,008
+537%
Total Revenues
$1,823,208
$2,966,752
+63%
Expenses
2023
2024
Change
Grants
$1,478,815
$630,394
-57%
Benefits to Members
$0
$0
-
Salaries & Benefits
$333,130
$314,406
-6%
Fees to Service Providers
$7,816
$53,679
+587%
Advertising & Promotion
$5,404
$7,320
+35%
Offices, Occupancy & IT
$8,727
$24,514
+181%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$33,190
$148,962
+349%
Total Expenses
$1,867,082
$1,179,275
-37%
Net income
2023
2024
Change
Net income
-$43,874
+$1,787,477
-4174%
Functional Expenses
Summary
2023
2024
Change
Program
$1,859,266
$1,125,596
-39%
Admin
$7,816
$53,679
+587%
Fundraising
$0
$0
-
Total Expenses
$1,867,082
$1,179,275
-37%
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