Logo for "SECOND HARVEST FOOD BANK OF EAST CENTRAL INDIANA INC"

SECOND HARVEST FOOD BANK OF EAST CENTRAL INDIANA INC

SECOND HARVEST FOOD BANK OF EAST CENTRAL INDIANA INC

Muncie, IN, US
501(c)3
EIN
31-1111795
Logo for "SECOND HARVEST FOOD BANK OF EAST CENTRAL INDIANA INC"

SECOND HARVEST FOOD BANK OF EAST CENTRAL INDIANA INC

Muncie, IN, US
501(c)3
EIN
31-1111795

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$24,059,811

Contributions
76%
Government Grants
20%
Program Services
3%
Other
<1%
Investments
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$24,231,684

Other
88%
Salaries & Benefits
8%
Offices, Occupancy & IT
2%
Depreciation
1%
Fees to Service Providers
<1%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$15,647,455
$18,404,637
+18%
Government Grants
$4,206,039
$4,835,286
+15%
Fundraising Events
$0
$0
-
Program Services
$616,143
$632,483
+3%
Membership Dues
$0
$0
-
Investments
$2,666
$3,243
+22%
Other
$144,919
$184,162
+27%
Total Revenues
$20,617,222
$24,059,811
+17%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,834,775
$1,888,774
+3%
Fees to Service Providers
$206,011
$195,292
-5%
Advertising & Promotion
$54,661
$45,636
-17%
Offices, Occupancy & IT
$445,036
$488,915
+10%
Interest
$0
$0
-
Depreciation
$273,744
$304,823
+11%
Other
$18,033,883
$21,308,244
+18%
Total Expenses
$20,848,110
$24,231,684
+16%
Net income
2023
2024
Change
Net income
-$230,888
-$171,873
+26%
Functional Expenses
Summary
2023
2024
Change
Program
$19,830,668
$23,870,180
+20%
Admin
$508,312
$104,462
-79%
Fundraising
$509,130
$257,042
-50%
Total Expenses
$20,848,110
$24,231,684
+16%
Income Statement
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